Inflation Shows Continuing Decline: Business Community Responds
The Office for National Statistics (ONS) has released its latest inflation figures, revealing a slight decrease to 3.2% in March,…
UK Finance Launches New Regulated Liability Network Experimentation Phase
In an effort to foster innovation and collaboration within the financial services industry, UK Finance has unveiled plans for a…
GDP Rose 0.1% in February: Business Industry Reaction
The latest figures released by the Office for National Statistics (ONS) have unveiled a modest 0.1% rise in Gross Domestic…
Consumer Finance Sees Modest Growth of 3% in February: FLA Report
Fresh statistics from the Finance & Leasing Association (FLA) have revealed a moderate uptick in consumer finance new business, growing…
Almost 7 Million Over 50s Face Retirement Poverty Risk, Study Finds
A recent analysis by SunLife has shed light on a concerning reality: nearly 7 million individuals aged over 50 are…
Ofgem Unveils New Regulations to Safeguard Business Interests in Energy Sector
In a bid to enhance consumer protection and ensure fair treatment for businesses in the non-domestic energy sector, Ofgem, the…
Buy-to-Let Mortgage Arrears Surge: A Closer Look at the UK Property Market
In the latest report from UK Finance, concerning Quarter 4 (Q4) of 2023, alarming figures have surfaced indicating a significant…
Consumer Borrowing Declines Amid Economic Uncertainty
Recent data from the Bank of England reveals a notable decrease in consumer borrowing in February, reflecting ongoing concerns about…
Household Bills Predicted to Fall by £350: What You Need to Know
In a welcomed relief for UK households, the annual cost of household bills is anticipated to decrease by an average…
Business Confidence Remains Resilient
Amidst the backdrop of ongoing economic turbulence, Lloyds Bank’s latest Business Barometer offers a glimmer of optimism, with business confidence…