Breaking Financial NewsThe latest news from a range of sources to keep you informed of the latest financial developments
- Black Friday expected to beat UK online sales recordsby Zoe Wood on 26 November 2020 at 7:54 pm
Consumers snap up bargains as coronavirus restrictions hamper high street shoppingCoronavirus – latest updatesSee all our coronavirus coverageBlack Friday is expected to smash online sales records […]
- Maurice Healy obituaryby Richard Thomas on 26 November 2020 at 7:07 pm
Champion of consumers’ rights and editor of Which? magazine who served as director of the National Consumer CouncilMaurice Healy, who has died aged 86, made a real and practical difference to […]
- German property company collapses with my pensionon 26 November 2020 at 11:55 am
Thousands of pension holders owed more than a billion pounds despite promises their money was safe.
- Black Friday 2020: best early UK deals and bargainsby Hilary Osborne and Rupert Jones on 26 November 2020 at 10:02 am
Discounts offered by UK retailers such as Tesco, Asda, Argos and Aldi ahead of this FridayFive things to consider before buying that ‘bargain’Online shoppers fail to get parcels but but struggle […]
- Noteworthy: Clydesdale Bank's demiseon 26 November 2020 at 8:00 am
Phasing out the Clydesdale Bank brand will see the firm's banknotes begin to disappear from circulation.
- I am scared of being taken to court after ScottishPower bill shamblesby Anna Tims on 26 November 2020 at 7:00 am
I have been sent a £1,015 demand when I’m not, and never have been, a customerI am frightened that I am going to be taken to court by ScottishPower for a bill of £1,015 when I’m not, and never […]
- Covid crisis could 'cut pay by £1,200 a year by 2025'on 26 November 2020 at 5:58 am
The virus is one of three "once in a lifetime" recent economic shocks says the Resolution Foundation.
- UK private pensions ‘set to lose £96bn’ from switch from RPI inflation measureby Hilary Osborne on 25 November 2020 at 6:27 pm
Rishi Sunak’s move in spending review could result in pension holders receiving thousands of pounds less in incomeThe government will stop using the retail prices index measure of inflation in […]
- Spending review: Families face 'agonising uncertainty' over benefits decisionon 25 November 2020 at 5:48 pm
Footballer Marcus Rashford asks the chancellor whether higher Universal Credit will be "taken away" in April.
- Low-paid public sector workers to get £250 pay riseon 25 November 2020 at 4:49 pm
Pay will be frozen for at least 1.3 million public sector staff, but low-paid and NHS workers will get raises.
- Spending Review: Rishi Sunak 'hasn't gone far enough'on 25 November 2020 at 4:32 pm
Under-30s have been hit hard by Covid, so what did they think of the chancellor's Spending Review?
- Spending Review: Millions face cut in value of workplace pensionson 25 November 2020 at 3:11 pm
Women and new retirees likely to be hit hardest by the planned change - but not before 2030.
- Spending Review: What is it and how does it affect me?on 25 November 2020 at 2:53 pm
The chancellor has announced his public service spending plans in uniquely difficult circumstances.
- Berlin's rent cap offers a new way of thinking about Britain's housing crisis | Alexander Vasudevanby Alexander Vasudevan on 25 November 2020 at 11:00 am
This should be an important first step in a conversation about how speculative finance has affected the right to a home For most tenants in the UK – conditioned to the prospect of rising rents, […]
- Most Black Friday products 'were same price or cheaper' beforehandon 25 November 2020 at 10:35 am
Nine in 10 products are the same price or cheaper before the sale, finds consumer group.
- Probate scanning error stopped us selling my father's houseby Anna Tims on 25 November 2020 at 7:00 am
Failure to scan just one page of his will meant vital probate was delayed for monthsMy father died in February. We submitted our probate application in June but was later told that one page of the […]
- 'My dream flat left me with a £20,000 repair bill'on 25 November 2020 at 12:00 am
The government's shared ownership scheme has left some with rising fees and huge debts, BBC Panorama finds.
- Bank notes pose 'low risk' of spreading Covid-19by Hilary Osborne on 24 November 2020 at 10:02 pm
Bank of England reveals results of research into how long the virus lasts on cashCoronavirus – latest updatesSee all our coronavirus coverageHandling bank notes poses only a low risk of spreading […]
- NS&I apologises for delays amid savers' exoduson 24 November 2020 at 5:56 pm
It says sorry to those struggling to get through on the phone on the day cuts in savings rates take effect.
- Benefit scams worth £1bn foiled during lockdownon 24 November 2020 at 3:19 pm
Thousands of identities were stolen before unusual banking activity alerted a civil servant to the fraud.
- No guarantees for leaseholders over cladding removal costson 24 November 2020 at 2:01 pm
Ministers say some residents may have to contribute to the cost of removing flammable materials.
- Virgin Media wants to charge £240 fee for cancelling a contractby Miles Brignall on 24 November 2020 at 7:00 am
We’re moving and the broadband firm can’t provide a service to our new homeWe must move out of our rented flat after our landlord unexpectedly decided to sell. Luckily, we have found a new place. […]
- University challenges: can I have a tuition fee refund?by Catherine Baksi on 24 November 2020 at 7:00 am
Students may be able to claim compensation for unfulfilled promises by universities – but it won’t be quick or easy Students, especially those who started university this year, may feel […]
- Goodbye ATMs. How local shops offer access to cashon 24 November 2020 at 12:30 am
Is this the post-Covid future for millions of people who still need to pay using notes and coins?
- Beko should have acted sooner over cooker danger, coroner findsby Steven Morris on 23 November 2020 at 3:43 pm
Cornish inquest finds deaths of five people in two incidents were accidental but criticises firmA leading appliance brand should have acted more quickly to stop the sale of cookers linked to 18 […]
- Rishi Sunak says Spending Review will not spell austerityon 23 November 2020 at 7:59 am
The chancellor says he will uphold pre-Covid funding pledges on police, nurses and schools.
- Should we pay off the £96,000 left on our mortgage when downsizing?by Virginia Wallis on 23 November 2020 at 7:00 am
We have never sold a property before and have made financial mistakes in the pastQ I am rather confused about my mortgage as I have never sold a property before. In a nutshell, 13 years ago we bought […]
- Home 'flipping' in the UK reaches 12-year high, despite Covid crisisby Joanna Partridge on 23 November 2020 at 12:01 am
One in 40 homes bought were sold again in less than a year; in Burnley it was one in 12The proportion of homes in England and Wales that have been bought, renovated and sold again within a short […]
- Secondhand no longer second-best for UK's 'circular economy' consumersby Shane Hickey on 22 November 2020 at 9:00 am
During lockdown, the thoughts of many have turned to reducing waste and recycling, writes Shane HickeyFurloughed from her hospitality job during the first lockdown, Hannah Russo was trying to sell […]
- The myth of the ‘poor pensioner’ helps shield the Cityby Phillip Inman on 21 November 2020 at 5:00 pm
When the finance industry gets into trouble, it pleads that it is funding ordinary people’s retirements. It isn’t truePensioners are a useful defence in the City’s fight to preserve its […]
- Flat's £23,000 service charge bill 'beggars belief', says ownerby Rupert Jones on 21 November 2020 at 10:30 am
Residents of a London development are furious over huge fees including £1,320 for Christmas decorationsA resident at a 24-flat development in central London says he had the shock of his life when he […]
- Online shoppers fail to get parcels but struggle to get refundby Miles Brignall on 21 November 2020 at 9:00 am
As Black Friday approaches, shoppers say some retailers are mistakenly claiming parcels have been deliveredBrush up on prices as that ‘deal’ might not be a bargainBlack Friday 2020: the best […]
- Black Friday: brush up on prices as that 'deal' might not be a bargainby Patrick Collinson on 21 November 2020 at 7:00 am
Retailers’ discounts on items such as electric toothbrushes may not be quite as generous as they appearBlack Friday 2020: the best early deals and bargainsElectric toothbrushes are, once again, […]
- 'I was a stage manager and now I'm a bike mechanic'on 20 November 2020 at 10:30 pm
Laura Wilson from west London takes us through her week during the coronavirus pandemic.
- Households face £21 rise in energy bills in 2021on 20 November 2020 at 7:12 pm
Ofgem is considering the rise to help energy firms which have been hit by a jump in unpaid bills.
- We're at a gender equality crossroads: which path will the government take? | Sam Smethersby Sam Smethers on 20 November 2020 at 3:09 pm
The disruptions caused by Covid-19 have revealed structural inequalities, but also the possibility of a better futureThere has been so much bleak news this year. Like many of us, I am feeling […]