UK Finance News

It’s undeniable that the consumer credit industry is a major one. More than a billion credit cards with a VISA logo can be found in active use on planet earth, and the total global consumer debt has reached multiple trillions. It’s an industry so booming that it has spawned other massive industries in its wake.
Debt [...]

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The chief executive of the British Bankers’ Association, Angela Knight has spoken out in defence of high street banks who have been under increasing pressure to make more funds readily available for small and medium sized businesses in the UK.
In an article on the BBC news site Knight reiterates the recent findings of the Bank [...]

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It is still early days for the new coalition government to get tough with high street banks, but according to recent research the traditional UK banking sector is still not fulfilling its promise to make more funds available to small businesses.
The Forum of Private Business claims that business owners are finding it more difficult than [...]

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Although ninety percent of the UK adult population believe they are good at handling personal finances, a recent survey by Capital One suggests that their confidence does not always add up.
The research shows that over 50% of credit card holders for instance have not reviewed their monthly payments or balance in the last year.
That figure [...]

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Now that the short and sweet honeymoon period has passed for the recently formed UK coalition government, business owners and public alike are taking stock of the spending cuts announced in the emergency budget.
While it was not unexpected many have been left reeling at the severity of the austere measures announced by George Osborne, wondering [...]

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