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Tories to scrap FSA in banking shakeup

The financial industry is in for a major awakening should the Conservative party receive the keys to power in the next general election says Channel 4 News. Plans outlined by the party has revealed...

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New £50 note to arrive 2nd November

Image via The BBC The Bank of England has announced that a new £50 note will be released on the 2nd November. The design was revealed in 2009 and features two promenent figures from the textiles...

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Inflation rises to 5.2%

Image by Images of Money It has just been revealed by the Bank of England that inflation has risen to 5.2% – its highest level in three years. The figure is up from 4.5% in August, and rising energy...

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Mortgages to be rationed in 2012

  Ever dreamed of buying a house? Well you’re a crazy fool and you should lower your ambitions. Houses are for people with huge sums of cash in reserve. If you don’t own a house now then you probably...

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Breaking News: UK recession less deep than feared

  It has just been announced by the ONS that the UK is not as deep into recession as initially thought. House on pile of Money via Images_of_Money The figures released by the Office for National...

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