UK Money

Parental pay deal for Civil Service

All Civil Service employees - both male and female - will be offered equal parental pay and support from next year, Nick Clegg will announce this week.

Lenders to slash mortgage rates

Barclays is preparing to offer what it says are some of its lowest ever mortgage rates

The battle to tempt mortgage customers with attractive deals will heat up again this week as major lenders put more rate cuts into action.

100,000 demand rise from Government

Demonstrators take part in the Britain Needs a Pay Rise march in central London

The Government has faced one of its biggest protests after more than 100,000 workers, including many who have been on strike this week, called for a pay rise and an end to austerity.

Economist offers interest rate hint

The Bank of England's chief economist has indicated that interest rates are unlikely to rise until the middle of 2015

The Bank of England's chief economist today gave the clearest indication yet that interest rates are unlikely to rise until the middle of next year as economic prospects have become gloomier.

DWP condemned over benefit losses

Margaret Hodge has criticised the administration of the housing benefit system

The Department for Work and Pensions has been severely criticised by the Whitehall spending watchdog for failing to curb the "escalating" losses due to fraud and error in the housing benefit system.

Fossil fuel 'toxic triangle' plea

Oxfam says fossil fuel companies are being subsidised by governments

People around the world are trapped by a "toxic triangle" of fossil fuel companies, investors and governments which is driving climate change, Oxfam has warned.

Consumer energy spending 'up 52%'

The figures showed yearly spending on energy had rocketed by 52% over and above inflation

Consumers are paying an average of £410 more a year for energy compared to a decade ago despite using significantly less, according to a watchdog.

Private rents 'reach seasonal peak'

Average rents across England and Wales reached £768 per month, new figures revealed

Private sector rents lifted to a new all-time high in September as the busy autumn lettings period got into full swing, a major lettings network has reported.

Plans to overhaul Isas announced

Chancellor of the Exchequer George Osborne has set out plans to reform Isas

Plans to enable savers to hold peer-to-peer loans in their Isas which will allow their returns to be entirely tax free have been set out by the Government.

War declared on 'rip off' pensions

Steve Webb is getting tough on the pensions industry

Pensions Minister Steve Webb has declared war on "rip off" pension charges as he warned the industry that it must now fully get on board with the Government's retirement savings revolution as there is no going back.

Anger over IDS child poverty target

Work and Pensions Secretary Iain Duncan Smith says the Government is committed to ending child poverty by 2020

The Government has set a target of less than 7% of children living in persistent poverty by 2020, Work and Pensions Secretary Iain Duncan Smith said.

Bank customers quizzed on rate rise

Royal Bank of Scotland is to survey customers about the impact of a rise in interest rates

Thousands of Royal Bank of Scotland and NatWest customers are to be interviewed for a major study to help raise people's awareness of how they will be affected by the prospect of interest rates rising.

UK's tax gap climbs to £34bn

Labour says the Government is failing to tackle tax avoidance and evasion

The gap between the amount of tax collected and the sum owed has grown to £34 billion, according to HM Revenue and Customs (HMRC).