UK Money

Housing market 'out of control'

Across England, the price of a starter home has increased by around 48 times since 1969, Shelter said

First-time buyers would be paying £77,000 less to get on the property ladder if house price inflation had kept pace with wage increases in recent decades, according to analysis by Shelter.

Watchdog warns on pension transfers

People aged over 55 will have more choice about what they can do with their pension savings

As many as 6,000 savers may be tempted by the Government's new retirement freedoms to make the irrational decision to transfer out of their "gold plated" pension, according to a scenario published by the City regulator.

Gender gap in pensions 'shrinking'

Women with occupational or private pensions are reaching retirement with pots worth on average £107,000 compared with £201,000 for men, research by LV= found

Women still face significantly bigger challenges to funding their retirement than men - but the pension gender gap is shrinking, new research has found.

Reservists boost for jobseekers

Jobseekers who become armed forces reservists will be able to train for longer without having their benefit affected under new rules.

Jobseekers who become armed forces reservists will be able to train for longer without having their benefit affected under new rules.

Amazon Prime 'free trial' ad banned

Six people said the Amazon ad was not clear that a paid subscription would automatically start if not cancelled during the free trial

An offer of a "free trial" of Amazon's Prime delivery service has been banned after the watchdog found the online retail giant misled consumers about subscription fees.

Osborne hails incomes 'milestone'

Average household incomes are returning to pre-recession levels, according to a report

George Osborne has said the economy has reached a "major milestone" after a respected think-tank found average household incomes are back to the levels they were before the financial downturn.

Cameron accused over energy tariffs

Shadow energy secretary Caroline Flint said Department for Energy and Climate Change figures showed that 75% of households were on their supplier's standard variable tariff

Three-quarters of households are paying up to £250 a year more than their energy company's cheapest tariff two years after David Cameron promised to force suppliers to put all customers on the best deal, Labour has said.

Poundland defeated over '£1' claim

Poundland has been taken to task over its 'Everything is £1' claim

Poundland must no longer claim that every item it sells costs £1 after a watchdog upheld complaints that it sold DVDs and other "special" offers for more.

Disabled 'had to stay' after tax

Dame Anne Begg says there is  a lack of smaller housing across the country

A "significant number" of disabled people living in specially adapted homes have had to bear the cost of the so-called bedroom tax because it is too expensive for them to move, a Labour MP has said.

Students welcome Murphy vow on fees

Scottish Labour leader Jim Murphy has pledged to keep free tuition in Scotland

Student leaders have welcomed a pledge from Labour leader Jim Murphy that his party would maintain free university education north of the border.

Social care 'crisis' over low pay

Care in the UK is provided by 1.4 million workers

Social care in the UK will reach "crisis point" if nothing is done to improve pay and conditions for workers, a new report has warned.

Consumers get smarter with meters

Smart meters give instant readings on energy use (Energy Retail Association/PA)

Consumers who have had smart meters fitted in their home are more likely to trust the accuracy of their energy bills and have enough information to chose the right tariff, according to a new study.

Monthly rise in mortgage approvals

The number of mortgage approvals has risen for the second month

More signs of recovery have emerged in the mortgage market after figures showed a rise in the number of approvals for the second month in a row.