Download IPFS Several major UK banks are implementing changes this August, including branch closures, service fee adjustments, and a transition toward digital services. Financial commentator Caroline Butler highlighted these developments in a recent video shared on TikTok, emphasising their potential impact on customers across the country. Here’s a rundown of[Read More…]

Download IPFS UK households significantly increased their bank savings in June amid growing concerns over potential tax changes, according to the latest figures from the Bank of England. The data points to a cautious consumer environment, with rising deposits and a conservative approach to spending as the government considers adjustments[Read More…]

Download IPFS British savers deposited over £2 billion more into cash Individual Savings Accounts (ISAs) in the three months leading up to July than during the same period last year, according to recent data released by the Bank of England. The sharp increase in contributions comes amid speculation surrounding possible[Read More…]

Download IPFS The UK’s financial regulator has launched legal proceedings against Concept Capital Group (CCG), alleging the company raised over £23 million through an unauthorised investment scheme involving static homes intended for social housing. The Financial Conduct Authority (FCA) claims that CCG and several associated individuals and entities were involved[Read More…]

Download IPFS Chancellor of the Exchequer Rachel Reeves has reportedly found herself at odds with Bank of England Governor Andrew Bailey after trying to intervene in Revolut’s ongoing efforts to obtain a full UK banking licence. The attempted move, aimed at expediting the regulatory process, underscores growing tensions between the[Read More…]

DOWNLOAD IPFS A theft at a Paris museum exhibition has led to an insurance payout of just over £3 million to the Royal Collection Trust, following the loss of two high-value items loaned from the UK’s royal collection. The Royal Collection Trust, responsible for managing the British royal family’s extensive[Read More…]

Download IPFS Litigation disbursement funding is quickly emerging as a preferred investment strategy within the wider litigation finance market, offering greater predictability and reduced risk exposure. While traditional legal funding models focus on high-stakes commercial cases with variable outcomes, this structured credit approach is attracting interest from institutional investors seeking[Read More…]

Download IPFS The Bank of England (BoE) is poised to recalibrate its approach to shrinking its £558 billion government bond portfolio, with economists anticipating clarity on its long-term strategy following the August 7, 2025, policy statement. This comes alongside expectations of a quarter-point interest rate cut to 4%, a move[Read More…]

Download IPFS A planned increase in the state pension age could strip thousands of pounds from the retirement savings of Britons born in specific years, with those aged 51 to 53 potentially facing losses of up to £17,774. The Department for Work and Pensions (DWP) is set to raise the[Read More…]

Download IPFS HMRC has provided clarity on the timeline for tax refund payments, addressing concerns raised by taxpayers experiencing delays. The tax authority, responsible for collecting taxes across the UK, recently responded to a query from a taxpayer who contacted them via social media on 25 July 2025. The individual[Read More…]