Council tax, the UK investment by which local authorities raise revenue for local spending on statutory and voluntary services, will rise by an average of 4.2% across England and Wales, according to a survey conducted by the BBC.
It found that local authorities will raise their council tax bills by £53 to £1,302 for an average Band […]

Changes to the rules governing LINK cash machines will support the installation of free cash machines, from which customers will be able to withdraw money from their UK current accounts, in over 300 areas across the UK previously without them.
The move follows an agreement in December 2006 between banks, building societies, ATM operators, MPs and consumer groups […]

UK investment in the stock market is still subdued as uncertainty persists in the global markets after a ‘black Tuesday’ when the US Dow index had its worst day’s trading since the 2001 terrorist attacks.
A major ‘wobble’ in China hit the UK, US, Asian and European indexes, with the UK’s FTSE losing 1.9% in early […]

The Federation of Tour Operators (FTO), angered by the high level of Air Passenger Duty (APD), has launched a legal challenge to the tax in the courts, which could mean it has to be withdrawn completely, thus depriving the Chancellor of a UK investment.
The tax was doubled at the start of February, so that passengers now have to […]

The High Court has taken decisive action against a scam UK firm which acted as a front for bogus overseas saving and investment companies.
The Inertia Partnership was wound up after the Financial Services Authority (FSA) petitioned judges to close the East Sussex-based firm. 
Inertia scammed more than £1m from gullible investors who purchased shares from “boiler […]

Halifax Bank of Scotland (HBOS), a big provider of UK current accounts and the largest savings products company in the country, has announced record pre-tax profits of £5.7bn, up 19% on £481bn a year earlier.
The performance included a 4% rise in the company’s retail banking arm to £2.29bn. HBOS said that overall the rise in profitability was […]

Sick absences from work of four weeks or more, which account for around 20% of total sickness workplace absence in the UK, are having a serious impact on many people’s personal finances, according to a recent report by debt management firm EuroDebt.
Stress due to heavy workloads is the biggest reason for long-term absences amongst non-manual staff and, while workers […]

As the world’s stock markets pick themselves up and dust themselves down after Tuesday’s drubbing at the hands of spooked investors, many people are asking if this is The End of Civilisation As We Know It?.
Well, perhaps not, but many UK investors are asking if their saving and investment in the markets is quite safe after the […]