A report released by the Institute for Fiscal Studies (IFS) showed that mortgage payments slumped 14 per cent last month, as people made use of temporary payment holidays amid the sharp economic downturn Arrears on UK household bills continued to ...

The FCA also confirmed proposals requiring banks to offer a three-month payment freezes on loans and credit card debt The Financial Conduct Authority said on Thursday it would add car financing to the temporary relief measures aimed at supporting households ...

When the pandemic subsides and ministers withdraw their multi-million pound support measures the country will be faced with a colossal debt mountain When the pandemic subsides and ministers withdraw their multi-million pound support measures the country will be faced with ...

All employees aged 40 and over would pay around 2.5 percent of their wages to fund their care in old age Under plans being looked at by the Prime Minister, all UK employees aged 40 and over would pay a ...

The most vulnerable will be hit hardest if free TV licences for over-75s are axed in a move a senior campaigner called “outrageous” The most vulnerable will be hit hardest if free TV licences for over-75s are axed in a ...

The organisation which campaigns for equality in state pension age for men and women, has hit out at the ‘unjust’ treatment of 1950s women by the Government State pension age changes have meant 1950s women are waiting up to six ...

Intuit plans to work with Credit Karma to create a digital aide to help people better manage their finances Intuit announced a deal on Monday under which it will buy personal finances rival Credit Karma for US$7 billion in cash ...

Liquidity concerns mount as investors pull at least £1bn from Invesco funds in the final quarter of 2019 Investors pulled at least £1bn from Invesco funds managed by Mark Barnett in the final quarter of 2019 amid mounting concerns over ...

The U.K. Work and Pensions Committee has warned in a report that permitting higher charges could erode small defined contribution plans, undermining the objectives of automatic enrolment The U.K. Work and Pensions Committee warned in a report published Monday that ...

UK workers financially worse off than they were in 2018, with 82pc of workers seeking costly credit between paydays, finds a new research A new report has found that workers in the UK are financially worse off than they were ...