Fitch Ratings expects UK mortgage performance to remain robust even though households are set to face significant cost pressures, according to a new report. Rapidly rising prices, in particular for energy and transport, will lead to a decline...

The City of London has retained its crown as Europe's dominant financial centre as fears of a Brexit- induced exodus failed to materialize, coming second only to New York in the latest global financial centres index, which is published by think...

The report for the Q4 2021 results, published last week, provides insight into SME perspectives and borrowing behaviour after almost two years of pandemic-related challenges. The report demonstrates that concerns over the lasting impact of the...

More than £1 million in so-called hush money has allegedly been given to City Hall staff under deals requiring them to keep quiet about their departures.

Today, in a joint announcement between the Financial Conduct Authority, the Payments Service Regulator, The Treasury and the CMA (Competition and Markets Authority), an entirely new Joint Regulatory Oversight Committee (JROC) was introduced.

Disabled people on the highest components of the new benefit and whose needs are highly unlikely to change will be eligible for an “indefinite award”. In effect, this will mean they will not be subject to reviews and can rely on their new benefit...

The number of first-time home buyers reportedly hit a 20-year peak in 2021. But how, one might bewondering, are people managing to buy when house prices continue to hit record highs? In a survey of 2,002 adults carried out in March 2022, it...

Bank of England policymakers have admitted that inflation is likely to be “several percentage points” higher than the 7.25 per cent it had previously forecast. Price growth is already on course to hit eight per cent by June and could top 10...