UK Money

Bank eases mortgage hikes policy

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The Bank of Ireland (BOI) has partially backtracked on a steep rise in mortgage rates for customers who thought their repayments were fixed for life.

Tesco to unveil food waste strategy

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The UK's biggest supermarket is launching a campaign to tackle "breathtaking" amounts of food waste which it says costs households £700 a year.

Moore warns of business 'border'

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Senior UK Government ministers have raised concerns that savers and financial institutions could be hit under plans for Scottish independence.

PM 'did not raise Google tax row'

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Google's controversial tax affairs were not raised by David Cameron when the internet giant's boss joined Downing Street talks about tackling avoidance schemes, Number 10 said.

'Gloom lifting' for family budgets

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The pressure on household finances has eased to its weakest levels in three years, in a sign that the "gloom is lifting", a report has found.

House asking prices reach new high

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House sellers' asking prices have soared to a new high, in further signs of confidence returning to the market, a property website has reported.

Co-op AGM faces up to bank worries

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Concerns about the financial health of the Co-operative's banking arm are likely to loom large when the food-to-funerals group faces members at its AGM.

'Bedroom tax' prompts payment surge

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The number of people claiming extra handouts from councils to meet housing costs has soared following the introduction of the so-called "bedroom tax", figures have revealed.

New shared equity scheme announced

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A new £120 million shared equity scheme designed to help home buyers shows that the Scottish Government steps in to help people in tough times, according to Deputy First Minister Nicola Sturgeon.

Ofcom clampdown on nuisance calls

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A fresh clampdown on claims management firms has been launched by Ofcom after it found evidence of people being plagued with "annoying" and "distressing" nuisance phone calls.

Morrisons to use Ocado deliveries

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Supermarket Morrisons is to start its online groceries business by the end of this year after unveiling a tie-up with delivery firm Ocado.

Tenants squeezed by rising rents

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Tenants are facing further pressure on their finances as rents have increased in every region across England and Wales for the first time in 18 months, a lettings network has reported.

Lottery sales soar to record £6.9bn

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National Lottery sales hit an all-time high of £6.9 billion over the last year with a record return to good causes, operator Camelot has announced.

House price figures 'bode well'

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Further signs of growing housing market confidence have been reported as a property search website revealed the lowest level of asking price reductions in at least three years.

RBS set to axe another 1,400 jobs

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Royal Bank of Scotland has announced it is cutting 1,400 jobs in the latest round of redundancies since it was bailed out by the taxpayer.

Flood insurance deal to last longer

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People who live in high flood-risk areas will be insured against flooding for an extra month under the current deal between the Government and the insurance industry, Environment Secretary Owen Paterson has said.

Water firms urged to reduce leaks

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Water companies must do more to cut leaks which lead to up to a fifth of water supplies being lost, a top environmental official is demanding.