UK Finance News

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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Metro Bank will open its first branch in Central London on July 29th.
Britain’s first new high street banking group since the 19th century will open its doors on Thursday promising a return to traditional banking practises from its ultra modern premises.
The flagship branch is the first of twelve planned openings across Greater London during the [...]

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One in every thirty six one pound coins in circulation are fakes we are being told by the Royal Mint, who have been prompted to start a campaign showing the UK public how to spot the odd ones out.
Almost two million of the counterfeit coins were returned to the Royal Mint during this last financial [...]

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Recent research by Yorkshire Building Society shows that the number of mortgage borrowers now on their respective lenders’ SVRs (Standard Variable Rates) is over 2.3 million, representing 28% of the total mortgage market.
Typically these households have come off fixed term discounted mortgage deals which were available two or more years ago.  Lenders SVRs, currently averaging [...]

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Several years ago I found myself in a position where I was able to pursue a personal ambition of leaving the UK and spending some time experiencing life in another country.
As it had been a dream for most of my working life, when the opportunity arose I felt that I had to take it. Our [...]

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