Pound sinks to record low as markets react to tax cut plans
The pound has fallen to a record low against the US dollar, with traders starting the week where they left off on Friday. Sterling dropped by nearly 5% to $1.03…
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Debunking 5 Equity Release Myths
Equity release used to have a bad reputation, but that was at a time when there were very few options available. However, the equity release sector has grown and developed…
Biggest ever increase in UK’s Real Living Wage
The Living Wage Foundation has announced an early increase in the Real Living Wage in response to the sharp increase in living costs over the past year. Almost 400,000 people…
Energy support package announced for UK businesses
UK businesses will see their energy bills cut by around half of their predicted level this winter under a support package announced by the UK government. Effective from 1 October,…
Pub group expects £18m energy bill without financial aid
UK pub group Fuller, Smith & Turner ("Fuller’s") has said that its energy bill for its current financial year is expected to more than double without government help. It comes…
Pound drops to 37-year low as retail sales decline
The pound fell to a new 37-year low against the US dollar on Friday after new figures showed a big drop in retail sales for August. Retail sales volumes fell…
Forex Trading for Beginners
If you are thinking about getting into forex trading, it is important to select a broker that is suitable for your needs. Most novice hobby traders start with a small…
Aldi joins ‘big four’ as UK shoppers look to save money
Aldi has overtaken Morrisons to become the fourth-biggest supermarket in the UK. Research firm Kantar said that as living costs rise, consumers are shopping around by visiting more stores and…
Record rise in eurozone interest rates
The European Central Bank has announced a record rise in interest rates across the eurozone in a bid to combat soaring inflation. Prices are climbing across the continent, and in…
Primark’s profit margin impacted by weak pound
Primark expects its profit margin to fall next year after a strengthening US dollar raised its purchasing costs. The fashion chain also cited inflation in raw material and energy costs…
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