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Banks incur more than £550m...
According to the Financial Ombudsman Service (FOS) approximately 90% of mis-sold payment protection insurance (PPI) claims are being honored, with claimants receiving compensation payments worth anywh...
Another first-time homebuyer...
After various first-time home buyer initiatives have failed to provide satisfactory results, the government has recently implemented a £400m “Get Britain Building” programme designed to stimulate...
Retail sales rise unexpected...
Retail sales in the UK rose 0.6% during October in contrast to the previous month, according to reports issued by the Office for National Statistics (ONS). Despite analysts having forecasted that sale...
CBI Director General Believe...
With consumer confidence “evaporating,” CBI (Confederation of British Industry) director general, John Cridland, has stated that only businesses can rescue the UK economy from it’s c...