UK Money

New holiday rules 'too simplistic'

The tough new rules failed to recognise that family life was not simple, council leaders said

Tough new rules on term time holidays should be overturned, leaving headteachers to decide whether to allow pupils to be taken out of school, council leaders have said.

Cambridge house prices 'up by 32%'

Property values in Cambridge are now 32.5% higher than they were at their previous 2007 peak, new figures show

House prices in Cambridge have rebounded more strongly than those in London as the housing market recovery has taken hold, a report has found.

'Critical moment' as growth slows

The economic slowdown comes amid fears for the health of the global economy that have brought turbulence to stock markets

The UK notched up its seventh successive quarter of growth today but Chancellor George Osborne warned the country faces a "critical moment" amid a darkening picture for the global economy.

New mortgage offers down by 10%

Evidence points to a slowdown in the housing market

The number of mortgage approvals made to home-buyers was 10% lower in September compared with the same month a year earlier in further signs that the housing market is cooling, banks have reported.

EU targets 'to raise power bills'

The UK has a legally-binding EU target to source 15% of its energy from renewables by 2020

Energy targets set by Brussels will force up annual household gas and electricity bills by £149 within six years, research has found.

Inheritances 'don't hit wealth gap'

David Cameron said people should be able to pass their family home to their children 'rather than leave it to the taxman'.

Inheritances passed down the generations do not appear to have made the wealth gap between richer and poorer households wider, research by the Institute for Fiscal Studies (IFS) has found.

House building strongest since 2007

New figures show that house-building activity is at its strongest levels since 2007

House-building activity is at its strongest levels since 2007 as the recovery broadens out beyond London to the rest of the UK, an industry body has reported.

Directors' pay rises at faster rate

New research shows directors' pay has soared over the last decade

The pay of company directors has increased almost twice as fast as for workers and by even more compared with pre-tax profits of leading firms, according to a new study.

Confidence 'low' in pensions sector

Nearly three in five people worry about the value of their pension, according to new research

Consumer confidence in the pensions industry remains low as the Government prepares to shake up the sector, research by consumer group Which? has found.

'Optimism' among mortgage holders

New research suggests that most mortgage holders are optimistic about their future financial situation

Most mortgage holders are optimistic that their financial situation will remain the same or even improve in three years' time as they prepare for rising interest rates, research suggests.

'Short term' pension refunds to go

Pensions minister Steve Webb says the typical worker now has 11 different jobs during their lifetime

Workers who leave their employer after less than two years' service will no longer be pushed into withdrawing their pension contributions, Pensions Minister Steve Webb has said.

'No benefits' from free nursery

Tony Blair's Labour administration began offering free part-time pre-school education in England in 1998

The policy of providing free nursery places for three-year-olds has delivered no long-term educational benefits and helped only a small number of women into work, according to two studies.

Energy complaints 'could be higher'

Unresolved complaints about energy suppliers could be five times higher than official figures suggest says Labour

Unresolved complaints about energy suppliers could be five times higher than official figures suggest - leaving up to half a million households and small businesses a year missing out on compensation or facing long delays, Labour said.

Rising cost of motor insurance

Quotes for annual car insurance generally have increased sharply by 4.2% to reach £891 on average, according to figures

Motorists are seeing the cost of taking out car insurance increase for the first time in more than two years as efforts to clamp down on fraudulent claims have not delivered the savings that insurers had anticipated, according to a report.

Concerns over loan shark customers

A report says someone who is turned away by a payday lender is twice as likely to go a loan shark as they are to seek help from a credit union

One in three people whose payday loan application has been rejected since the sector was forced to adopt stricter lending rules has considered using an illegal loan shark instead, research suggests.