All posts tagged UK

London shopping centre

Competition among UK retailers results in continued price deflation

Competition among UK retailers for market share has resulted in the deepest level of shop price deflation since December 2006, according to trade association British Retail Consortium (BRC), which released its Shop Price Index June 2014 on Wednesday. The BRC-Nielsen […]

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Canary Wharf, in London's Docklands

British banks pay lower interest rates to loyal customers

British financial service industry regulator the Financial Conduct Authority (FCA) announced on Tuesday that its interim report into the effectiveness of competition in the cash savings

Bank of England

New entry requirements for UK financial institutions increase competition and benefit customers

The Bank of England, which stands at the centre of the UK's financial system, revealed on Monday that financial service industry regulators the Prudential Regulation Authority (PRA) and

The City of London

Business volumes on the rise for UK financial services firms

Optimism in the UK financial services sector continues to increase according to business lobbying organisation the Confederation of British Industry (CBI), which released the latest CBI/PwC

Plans for Green Investment Bank

UK’s Green Deal Home Improvement Fund issues £8.5m during scheme’s first two weeks

A total of GBP8.5m has been issued to British householders making energy efficient improvements to their homes, during the first two weeks of the Green Deal

mobile commerce

One third of Britons are not using digital skills to get the most out of the 70m technology devices purchased in the UK

Over 70 million technology gadgets have been bought in the UK over the last 12 months, but almost one third of Britons lack the knowledge to make full

mortgage

UK mortgage approval volumes take a downward turn in May – BBA

UK banking and financial services association BBA released its latest figures for British high street banks on Tuesday, which reveal that mortgage approvals decreased in May

Credit Suisse

Credit Suisse and Yorkshire Building Society fined £3.8m

UK regulatory body the Financial Conduct Authority (FCA) disclosed on Monday that it has fined financial services companies Credit Suisse International (CSI) and Yorkshire Building Society (YBS) £2,398,100

Companies warned to be on their guard against web theft

UK businesses on high alert of cybercrime threat

Businesses in the UK are more aware of the menace of cybercrime, compared to organisations in other parts of the world, according to multinational professional services

Property

London house prices rising faster than rest of UK

The UK's Office for National Statistics (ONS) released its latest statistical bulletin for the UK House Price Index, March 2014 on Tuesday, which show that house price annual

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