Tax rises of £40bn needed to cut deficit
Annual tax rises of £40bn are needed by the mid-2020s.
£236 million lost in the last year due to payment fraud
Figures provided by the banking trade body, UK Finance, calculate a total loss of £236m for victims believing they are sending money to an official body.
The return of low-deposit mortgages
More mortgage providers are allowing applicants to put down deposits of as little as 5%.
A record number of customers switched their energy supplier in February
More than 660,000 customers switched their supplier in February – a record figure.
National Savings and Investments cut growth bond savings rates
NS&I will cut the interest rate paid to investors who buy Guaranteed Growth and Income Bonds.
New Look joins the high street crisis with plans to close 60 stores
New Look announced news that nearly 1000 staff members will face redundancy with plans to close 60 stores nationwide.