UK Money

Tourists urged to travel with cash

Brits heading on holiday to Greece are being urged to take enough euro with them to cover their entire trip, and any emergencies

Tourists travelling to Greece this summer are being advised to take enough euro in cash to last their entire holiday and cover any emergencies amid fears the country is heading towards a financial collapse.

HSBC retains place as top 10 bank

HSBC remains one of the world's top 10 banks, according to a report

The UK's largest bank HSBC has clung on to a place in the world's top 10 banks, in a year which saw the global banking model under increasing threat.

'bPay' contactless devices on sale

A bPay wristband was launched in June 2014 and registrations for it spiked after Transport for London went contactless in September (PA/Transport for London)

A new range of payment devices that people can wear has been unveiled by Barclaycard as people's use of "tap and pay" technology continues to grow.

Hancock attacks car insurance costs

Sheila Hancock has not made any insurance claims in more than six decades on the roads

Car insurers are being pressed to do more to justify large renewal hikes for older drivers after actress Sheila Hancock complained that her premium leapt by an "absurd" £1,373 in the space of a year.

Debt management firms in spotlight

The watchdog said people were "at their most desperate" when seeking debt management help

People desperate for help with their debt problems are being recommended plans by debt management firms which would take them more than a century to clear what they owe, an investigation by the City regulator has found.

Call to scrap energy meter charges

Customers with prepayment meters can face higher electricity charges

Ofgem has called on energy companies to abolish charges for prepayment meters (PPMs) after finding that some of the poorest customers are paying up to £180 to have them installed.

Child poverty 'lowest since 1980s'

The percentage of children in relative low-income households remained "flat" in 2013/14, according to the Department for Work and Pensions

Figures the Government said showed 2.3 million children were classed as living in relative poverty, the lowest level since the 1980s, have sparked controversy.

Lawson: Cut top rate income tax

Lord Lawson said cutting the top rate of income tax would attract business to Britain

Former Tory chancellor Lord Lawson has urged George Osborne to use his first all-Conservative Budget next month to cut the top rate of income tax to 40p.

Workers '£95 a week worse off'

Frances O'Grady called for a major programme of investment in skills, infrastructure, innovation and high-quality public services

Workers have been left almost £100 a week worse off since before the financial crisis because of the UK's poor productivity levels, according to a new report.

House prices soar in Labour seats

The Labour seat where house prices have risen the most in the past two decades is Tooting

The steepest house price rises of the past 20 years have taken place in constituencies mostly held by the Labour Party, new figures show.

Online bank Atom secures licence

Durham-based bank Atom will use mobile apps

A new online bank that describes itself as "the bank in your pocket" plans to launch in the UK later this year after winning its banking licence.

Mortgage approvals at 14-month high

Some 42,530 mortgages with a total value of £7 billion were approved for house purchase in May

The number of mortgage approvals made to home buyers jumped to a 14-month high in May, as the property market remained "buoyant", banks have reported.

56% 'saving enough for retirement'

One in five people are still not saving anything for their retirement, the report said

Pension savers are closer to creating a comfortable retirement for themselves than at any other time in the last decade, with well over half now deemed to be saving adequately, a report has found.