UK Money

Record 33 £1m homes sold every day

Lloyds found that 6,143 transactions involving million pound homes took place during the first six months of 2014

A record 33 sales of homes worth at least £1 million took place in Britain every day typically during the first half of this year, research has revealed.

Firefighters strike in pensions row

Picket lines were mounted outside fire stations and will continue throughout the next few days

Firefighters have walked out on strike for the weekend in their bitter row with the Government over pensions, ahead of a series of firework displays across the country.

Sesame fined £1.6m over advice

Seasame has been fined nearly 1.6 million pounds

The UK's largest network of financial advisers has been fined nearly £1.6 million by the City regulator for promoting its own commercial interests over those of its clients.

Clydesdale and Yorkshire bank sale

The Clydesdale Bank is being prepared for a sell-off

The Clydesdale and Yorkshire banks are being readied for a stock market flotation after their Australian owner confirmed plans to exit UK banking.

House prices hit all-time high

Property values lifted by 0.5% month on month to reach £189,333 on average in October, Nationwide Building Society reported

House prices climbed to another all-time high in October after dipping slightly the previous month, Nationwide Building Society has reported.

Motorway fuel prices 'a rip off'

Motorists feel they are being ripped off by high fuel prices at motorway service stations, the RAC says

Supermarket petrol prices may have fallen this week but drivers feel they are being ripped off by motorway services fuel tariffs, according to an RAC survey.

Private school graduates earn more

University graduates who were privately educated are likely to earn up to a fifth more than state-educated graduates, research claims

University graduates who attended private school earn thousands of pounds more on average than those who were state-educated, according to research.

Gap between rich and poor 'growing'

A report has highlighted the increasing gap between the rich and poor around the world

The number of dollar billionaires in the world has more than doubled to 1,645 since the financial crisis of 2008, according to a new report which warned that inequality between rich and poor is spiralling out of control.

Home energy plan 'could save £5bn'

The Energy Bill Revolution wants the Government to treat home energy efficiency as an infrastructure priority

An ambitious street-by-street scheme to boost home energy efficiency could save UK households almost £5 billion a year on bills, a report suggests.

Surge in payday loan fee complaints

RBS said it has been receiving as many as 640 calls a day from vulnerable consumers

A banking group has been taking hundreds of complaints a day from customers who are upset at being charged high and unexpected fees by payday loan middlemen.

Pension reforms 'a radical change'

David Gauke told the Commons the proposed pensions reforms were the most radical for nearly a century

The Government's proposed changes to the way people access their retirement savings are the most radical for almost a century, the financial secretary to the Treasury has claimed.

Warning over 'number spoofing' scam

Fraudsters are cloning telephone numbers of trusted organisations and then making that number appear on the victim's caller ID display

Consumers are increasingly being targeted by a "number spoofing" scam in which criminal gangs fool telephones into displaying the numbers of legitimate organisations, an anti-fraud body is warning.

Workers unhappy with career help

A third of those surveyed believe their career progression has failed to meet their expectations

More than a quarter of workers are dissatisfied with the level of career training and development offered by their employers, a new study has shown.