Breaking Financial NewsThe latest news from a range of sources to keep you informed of the latest financial developments
Albemarle and Bond helpline 'improved'
on 18 September 2019 at 1:49 pm
Amid heavy criticism, the company says that it remains solvent and customers' pawned items are safe.
UK inflation falls to lowest since 2016 in pre-Brexit boost to consumers
on 18 September 2019 at 1:35 pm
Consumer prices in Britain rose last month at the slowest rate since December 2016, a pre-Brexit boost to the spending power of households who are also seeing the fastest wage growth in 11 years.
Have you been affected by the closure of pawnbroker Albemarle & Bond?
by Guardian readers on 18 September 2019 at 12:51 pm
We’d like to hear from staff and customers who have been affected by Albemarle & Bond shutting its shops. Share your experiences Pawnbroker Albemarle & Bond has been criticised for […]
Ofgem to face MPs’ questions over role in blackout
by Jillian Ambrose on 18 September 2019 at 11:29 am
Official documents show energy regulator has known of risks for 10 yearsThe energy industry regulator is to be hauled before a committee of MPs to face questions over its role in last month’s […]
Inflation surprise as computer game prices drop
on 18 September 2019 at 11:12 am
The rate inflation slowed to 1.7% in August as games and download prices fell.
House price growth slowest for seven years, says ONS
on 18 September 2019 at 9:27 am
The latest figures show the biggest drop in prices in the last year was in the North East of England.
Thames Water 'put on report' after topping complaints list
by Jillian Ambrose on 18 September 2019 at 9:10 am
Utilities firm must submit quarterly reports to watchdog detailing its progressThames Water has blamed the beast from the east and last summer’s heatwave after recording the highest number of […]
More British consumers living on financial knife edge, debt charity warns
on 18 September 2019 at 7:19 am
A growing number of consumers are over-indebted and ill-equipped to cope with an economic shock, Britain's largest debt charity, StepChange, has warned after a record number of calls to its national […]
Travelex ATM’s phantom payout was out of order
by Anna Tims on 18 September 2019 at 6:01 am
I got a receipt from the machine but no money … and no actionI used a Travelex cash machine to withdraw €100 at Heathrow Terminal 4 at the beginning of July. It returned my debit card, […]
Cash machines closing fastest in poor areas, chancellor told
on 17 September 2019 at 11:02 pm
Consumer group Which? urges the chancellor to act over the loss of free ATMs in poor communities.
Slow digital services are marginalising rural areas, MPs warn
by Mark Sweney on 17 September 2019 at 11:01 pm
Lack of fast-broadband and 5G make country communities feel ‘second-class’, MPs sayRural inhabitants risk becoming “second-class” citizens in the digital revolution as urban […]
Britons are still worse off than in 2008, new research claims
by Phillip Inman on 17 September 2019 at 6:08 pm
Thinktank challenges official statistics claiming average citizen is £128 poorer than a decade agoBritons are £128 a year worse off on average than they were in 2008, according to a […]
Smart meters: What is going on?
on 17 September 2019 at 3:10 pm
Smart meters were supposed to make our lives easier. and cheaper, but their introduction has been controversial.
No charge for 91-year-old's boiler 'under any circumstances'
on 17 September 2019 at 1:06 pm
Burnley plumber gains worldwide attention for not charging an elderly customer "under any circumstances".
Stretched households could mean lengthy UK downturn, if it comes
on 17 September 2019 at 7:02 am
If Britain falls into recession soon, perhaps after a no-deal Brexit, it might prove to be a lengthy one because the country's financially stretched households are unlikely to be able to lead a […]
Smart meter rollout delayed for four years
on 17 September 2019 at 6:45 am
Suppliers now have until 2024 to fit them into homes, but it may mean higher costs for the industry.
My BT landline broke – and it said it needed to stop traffic to fix it
by Rebecca Smithers on 17 September 2019 at 6:00 am
The engineer insisted the fault was in the road, which delayed getting the problem solvedI am a lady in my 80s and have been without my BT landline for four weeks because of a fault. It was reported […]
Albemarle and Bond: 'My tears over pawned jewellery'
on 16 September 2019 at 11:04 pm
Frustration for customers continues after pawnbroker Albemarle and Bond shuts branches.
Kevin McCloud firm's development resembles 'bomb site', say locals
by Rupert Jones on 16 September 2019 at 6:03 pm
Grand Designs presenter’s company has yet to deliver on promises while investors are facing up to 97% lossesLocal residents claim a flagship development built by TV property guru Kevin […]
Smart energy meter rollout deadline pushed back to 2024
by Jillian Ambrose Energy correspondent on 16 September 2019 at 5:32 pm
Government decision follows critics saying 2020 deadline had no chance of being metThe government has pushed back the deadline for its £13bn smart energy meter rollout by four years to 2024 […]
Rise in teenage money mules prompts warnings
on 16 September 2019 at 12:19 pm
Cases of 14 to 18-years-olds who have allowed their bank accounts to be used grows by 73% in two years.
App that cancels subscriptions launches in UK
on 16 September 2019 at 7:09 am
The virtual card automatically protects people from being charged at the end of a free trial period.
Five ways to start saving – from paying yourself first to premium bonds
by Hilary Osborne on 16 September 2019 at 7:00 am
It doesn’t matter how little you put away, the trick is to get started. From clever apps to canny tips, here’s a guide to getting into good habits … while still having money for a […]
Inheritance tax would be scrapped by the Brexit party – good news for the very rich | Torsten Bell
by Torsten Bell on 16 September 2019 at 7:00 am
A minuscule number of wealthy people would benefit from such a move. Everyone else would be hit by higher taxesThere are bad ideas, really bad ideas, and there’s abolishing inheritance tax. […]
Brexit jitters cause rare September fall in UK house prices - Rightmove
on 16 September 2019 at 6:28 am
Asking prices for houses in Britain have suffered their first September fall in nine years as worries about Brexit caused buyers to hesitate and sellers to keep properties off the market, property […]
Why won’t Virgin Active cancel my contract?
by Rebecca Smithers on 16 September 2019 at 6:11 am
I stopped my direct debit after 12 moths was up, but it tried to impose a rolling dealI took out two consecutive 12-month memberships with Virgin Active. With the second none of the terms and […]
How can we remortgage when my husband is aged 62?
by Virginia Wallis on 16 September 2019 at 6:00 am
We can’t find an affordable deal from a bank due to his age, despite having a lot of equityQ My husband and I are stuck in a bit of a Catch-22. Since 2004 we’ve had an interest-only […]
Illegal work practices 'far too common' says think tank study
on 15 September 2019 at 11:27 pm
Many workers report not receiving paid holidays or wage slips, says the Resolution Foundation.
Brexit uncertainty triggers first September fall in house prices since 2010
by Miles Brignall on 15 September 2019 at 11:01 pm
Rightmove says average price down by £730 as sellers wait to see how Brexit plays outHouse prices have fallen in September for the first time since 2010 as Brexit uncertainty continues to cast […]
Thomas Cook 'racing to finalise rescue deal'
on 15 September 2019 at 11:07 am
The troubled travel firm is understood to be in last minute negotiations with bondholders.
Co-op says it has ‘a heart’. So why send a £12,600 backbill?
by Anna Tims on 15 September 2019 at 6:00 am
One family plans to sell their home to pay, and others are fighting off debt collectors in the wake of a corporate IT failureCo-op Energy describes itself as a “company with a heart” that […]
Academics are fighting the wrong battle over pensions
by Phillip Inman on 14 September 2019 at 3:00 pm
Retirement benefits are indeed declining, and funds are in deficit. But those on zero-hour jobs at universities have it worseBritain’s university sector is a jewel in the nation’s crown. […]
Boiler cover plans: are they worth buying?
by Miles Brignall on 14 September 2019 at 8:19 am
As winter beckons, you may be tempted to take out a policy. We evaluate the options Millions of homes across the UK will soon be firing up their central heating for the first time in months – […]
UK pension annuities under threat as rates plummet
by Rupert Jones on 14 September 2019 at 6:01 am
They turn savings into an income for life – but demand has fallen sharplyThis week pension annuities collapsed to an all-time low. So are they now a pointless purchase? It is a product that […]
50p at 50: how Britons' living costs have changed since 1969
by Patrick Collinson on 14 September 2019 at 6:01 am
It’s a half century since the 50p went into circulation. Here’s how our spending has transformedThe front page of the Guardian carried stories on the two burning issues of the day: the […]
‘No-one asks new dads how they’re feeling at work’
on 13 September 2019 at 9:00 pm
Companies are doing more to support working dads but may overlook postnatal mental illness in men.