UK Money

More safeguards in tax seizure plan

David Gauke said the powers will only be used when debtors have consistently refused to talk to HMRC

Extra safeguards are to be placed around the taxman's controversial new powers to seize money directly from people's bank accounts, the Government has announced.

House price boom spreads across UK

There has been a growth in house prices of more than 5% across 20 UK cities over the last year, figures reveal

Homes in all of the country's 20 largest cities have seen their values increase by at least 5% annually for the first time in more than a decade, as the housing market recovery ripples out beyond the South East.

Mortgage growth points to pick-up

An estimated £19 billion-worth of home loans were handed out last month

Banks and building societies have reported their strongest October for mortgage lending since 2007, fuelling predictions that the market could be set for a further pick-up in the New Year.

High street 'forgets mature women'

Women over 50 do not feel the fashion sector works well for them, a poll suggests

Just 20% of mature women feel that the high street caters well for them and 61% think that their age group is forgotten, despite being the UK's fastest-growing fashion sector, a study has found.

Family budget worries down: Report

Data has shown a fall in total sales in the grocery sector, the first decline in at least 20 years

Households are feeling less worried about family budgets as concerns about inflation ease to their lowest level in five years, a report has said.

Guidance urged for pension savers

Advice has been urged for pension savers

Workplace pension savers should be offered financial education as part of the drive to help them build bigger retirement pots, a leading expert has told MPs.

Median weekly pay increases by £1

Average pay went down in real terms

Median weekly pay for full-time workers went up by just £1 in the year to April to £518, the smallest growth since 1997, new figures have shown, leading to accusations that workers are being "shut out" of the economic recovery.

Third of men aspire for £100k wage

Twice as many men as women aspire to earn a salary of over £100,000 a year, a new study has found

Twice as many men as women aspire to earn a salary of over £100,000 a year, amid differences in their choice of career, a new study has found.

Energy firms 'fail to explain TCR'

Tariffs with a low TCR are not always the cheapest deal

Energy suppliers are failing to explain to customers how to accurately compare tariffs, leaving them potentially unable to choose the best deal, a watchdog has warned.

More women saving for retirement

Half of the UK female population is now estimated to be saving adequately for retirement

The proportion of women who are saving adequately for their retirement has jumped to a three-year high, in signs of the success of the Government's pensions revolution, a report has found.

Calls to homelessness helpline soar

Shelter has dealt with nearly 1,000 calls every week from people on the brink of homelessness

A housing and homelessness charity which has seen a "heart-breaking" surge from callers at serious risk of losing their home is urgently appealing for support for its helpline.

Men 'using paid leave after birth'

Low paternity pay is forcing fathers to take annual leave after the birth of their children, a poll shows

A third of working fathers use their paid annual leave so they can afford to take time off after the birth of their children, a new study has revealed.

Canaries tipped for winter breaks

The Canary Islands are recommended for Britons seeking a winter break

Britons should head for the Canaries rather than the Caribbean for the best-value winter sun family breaks, according to a TripAdvisor survey.

Lotto: changing lives for 20 years

Some of the millionaires the National Lottery has created in the last 20 years raise a glass of bubbly to toast the anniversary (Camelot PR)

The National Lottery will mark two decades of creating millionaires and supporting good causes when its draw machine and brightly coloured balls whir into life today.