Breaking Financial NewsThe latest news from a range of sources to keep you informed of the latest financial developments
- Home ownership among young people rises after decade of declineby Joanna Partridge on 23 January 2020 at 6:12 pm
Help-to-buy scheme has helped 25- to 34-year-olds get on property ladder, say analystsThe proportion of 25- to 34-year-olds who own their own home in England has increased for the first time in over […]
- First plaice: Nottingham chippy voted best in UKby Rebecca Smithers Consumer affairs correspondent on 23 January 2020 at 4:36 pm
The Cod’s Scallops, which offers more than 20 species of fish daily, wins top prizeA Nottingham chippy has been crowned the best in the UK, beating nine other finalists in the industry’s […]
- Lake District plan to moor holiday boats on Grasmere withdrawnby Nazia Parveen North of England correspondent on 23 January 2020 at 3:41 pm
Move hailed as huge win for community activism against ‘commercialisation’ of national parkPlans to moor holiday boats on the shores of Grasmere in the Lake District national park have […]
- No time off for grieving: 'Inside I was screaming'on 23 January 2020 at 11:17 am
Bereavement leave for parents came too late for Ian Bainbridge, whose son was stillborn five years ago.
- Automation isn't wiping out jobs. It's that our engine of growth is winding down | Aaron Benanavby Aaron Benanav on 23 January 2020 at 11:13 am
Automation is a red herring. The wider environment of slowing growth explains low labor demand largely by itselfAn army of robots now scrub floors, grow microgreens and flip burgers. Due to advances […]
- Bereaved parents to be entitled to two weeks' paid leave from workby Nazia Parveen North of England correspondent and Jessica Murray on 23 January 2020 at 8:15 am
Jack’s Law, for parents who lose a child under 18, will come into force in April, says government Working parents who suffer the loss of a child will now be entitled to two weeks of statutory […]
- UK pay settlements slow in December, start 2020 cautiously - XpertHRon 23 January 2020 at 7:51 am
British employers offered their staff a median annual pay settlement of 2.2% in the three months to December, down from 2.6% in the three months to November, industry data showed on Thursday.
- £15 for an M&S Yule Log that had to be eaten ... before I bought itby Anna Tims on 23 January 2020 at 7:00 am
Confusion over what the ‘best before’ label and the ‘use by’ label meanOn 28 December I bought a £15 Yule Log cake from M&S. It wasn’t until I got home that I […]
- Universal credit 'sending people into arms of loan sharks'by Patrick Butler Social policy editor on 23 January 2020 at 12:01 am
Debt charity says Tories’ flagship welfare project forcing claimants into destitutionUniversal credit fuels debt problems for low-income claimants, forcing many into destitution and driving […]
- Fender Europe fined £4.5m for preventing online discountson 22 January 2020 at 8:02 pm
The guitar maker has been fined £4.5m after it admitted breaking competition law.
- Lloyds, Halifax and Bank of Scotland to charge overdraft rate of up to 49.9%by Rupert Jones on 22 January 2020 at 5:40 pm
Rate is highest announced to date, as group responds to City watchdog ban on excessive feesMillions of Lloyds, Halifax and Bank of Scotland customers will be charged overdraft interest rates of up to […]
- Lloyds joins crowd with new 40% overdraft rateson 22 January 2020 at 4:20 pm
Customers will be charged "personalised" overdraft rates of up to 49.9% from April, but most will pay 39.9%.
- UK watchdog begins two-year crackdown on financial adviserson 22 January 2020 at 8:11 am
Britain's markets watchdog told financial advisers on Tuesday they face a two-year crackdown to stop unsuitable advice, investment scams and excessive fees.
- Four-star Oxford hotel had no one to help with midnight emergencyby Anna Tims on 22 January 2020 at 6:59 am
I was sent on a five-minute walk to knock on a stranger’s doorI had an appalling experience at a four-star hotel in Oxford in November. I’d booked a room at the Ethos Hotel through […]
- Christmas magic vanishes for the UK toy industryon 22 January 2020 at 12:34 am
Toy sales fall by 6% for the second year in a row with politics blamed for the slump.
- Mental health at work: 'My boss let me go over my condition'on 22 January 2020 at 12:00 am
A worker and a chief executive tell their stories about mental health in the workplace.
- Mental health at work: Five charts on the challengeon 22 January 2020 at 12:00 am
Consultancy firm Deloitte call for bosses to invest more to support their staff.
- 'Out of control': one in 50 homes in London a short-term letby Robert Booth Social affairs correspondent on 21 January 2020 at 7:41 pm
Councillors criticise trend ‘at a time when almost one in 50 Londoners is homeless’Short-term lettings through Airbnb and other online platforms are “growing out of control” […]
- Aldi to become UK's 'best-paying supermarket' with wage riseby Joanna Partridge on 21 January 2020 at 6:19 pm
German discounter to raise hourly rate to £9.40 and to £10.90 for staff within M25Aldi is handing UK staff a wage rise of more than 3% from next month in a move that it says will make it […]
- Rise in full-time female workers boosts employmenton 21 January 2020 at 11:17 am
The number of women in work has grown by 0.5% in the three months to November, the highest rise for a year.
- UK jobs boom returns as Bank of England considers rate cuton 21 January 2020 at 10:12 am
British job growth was the strongest in nearly a year in the three months to November, according to data that could weaken the case for an interest rate cut by the Bank of England next week.
- Pandora parcel lacked charm – and now I can't get an answerby Rebecca Smithers on 21 January 2020 at 7:00 am
The jewellery order was meant to be a present but I can’t find any way to resolve the issueI ordered two charms online at a cost of £58.99 from jewellery brand Pandora at the end of […]
- Low-income families set to be poorer under universal credit – studyby Patrick Butler Social policy editor on 21 January 2020 at 12:01 am
Data shows areas with high numbers of unemployed and disabled will be worse off, says thinktankThe average low-income family in the UK’s most deprived areas – including “left […]
- Ministers launch financial wellbeing scheme to help saversby Patrick Collinson on 21 January 2020 at 12:01 am
Millions of lives will be improved by 10-year plan, says Money and Pensions service The government is promising to turn Britain into a nation of savers by 2030 and cut the number of households […]
- UK confidence signs grow as Bank of England nears rate decisionon 20 January 2020 at 12:40 pm
British households grew more confident about their finances and a measure of house prices rose by a record amount for January, according to surveys which added to other signs of a brightening mood in […]
- UK property asking prices jump by record 2.3% month-on-month at turn of year - Rightmoveon 20 January 2020 at 8:27 am
Asking prices for British houses put on sale in the five weeks to Jan. 11 rose by a record amount for the time of year, property website Rightmove said on Monday, adding to signs of a post-election […]
- Car insurance premiums in Britain rise 5% in 2019on 20 January 2020 at 8:26 am
Comprehensive motor insurance policy costs in Britain rose 5% on average in 2019, the steepest annual rise since 2017, an insurance price index released on Monday showed.
- Should we buy a home in London or save for one in the north?by Virginia Wallis on 20 January 2020 at 7:00 am
We’re priced out of much of the capital and are planning to move nearer family in the two yearsQ My fiance and I are looking to buy our first home. We are in our early to mid-30s and currently […]
- More precious than gold: Why the metal palladium is soaringon 20 January 2020 at 4:05 am
The price of the precious metal palladium has hit a record high of $2,500 an ounce as demand rises.
- UK house prices rise at fastest rate on recordby Angela Monaghan on 20 January 2020 at 12:01 am
2019 general election result provided period of ‘stability’ following Brexit uncertainty UK house prices rose over the last month at the fastest rate on record for the time of the year, […]
- Going that extra mile … let’s all hear it for great customer serviceby Anna Tims on 19 January 2020 at 9:00 am
When things go wrong with goods or services, it’s more about a resolution than the issue itselfHis story shone like a beacon in the midst of consumer gloom. Mark McKergow wrote into Your […]
- Courier fraud: Victim 'cried for days'on 18 January 2020 at 1:23 pm
Police warn £7m was stolen from elderly and vulnerable people in 2019 in so-called courier fraud.
- Monzo bank 'freezing accounts for no apparent reason'by Miles Brignall on 18 January 2020 at 8:30 am
Its app has been a runaway success, but some users say they have been shut out after apparent fraudThe rise of Monzo has been nothing short of remarkable. Rave reviews from customers who universally […]
- We’re struggling with Veganuary – where should we buy food?on 18 January 2020 at 7:00 am
We need tips from vegans as we sometimes need pre-prepared or quick-to-make mealsEvery week a Guardian Money reader submits a question, and it’s up to you to help him or her out – a […]
- Whirlpool: Owners rush to register fire-risk washing machineson 17 January 2020 at 3:51 pm
Thousands more owners of dangerous washing machines demand a resolution from maker Whirlpool.
- Collector pays UK-record £1m for rare coinon 17 January 2020 at 8:02 am
Only six Edward VIII sovereigns were made but it is not just its rarity that fascinates historians.