There is nothing worse then applying for a loan and being denied, and it doesn’t need to be this way. If we review our credit histories and credit score periodically we can then know where we stand and have a little more knowledge as to if we would be approved for a loan or… Read more »

A short while back the Bank of England announced plans to release new plastic notes to replace the £5, £10, and £20 paper notes now in circulation. These new notes are made with a “polymer” type plastic and will last many years longer than the current paper notes.  Paper notes in some instances only last… Read more »

I had thought food prices had been dropping as I noticed it lately when I was in my local supermarket.  I noticed all the offers that were on, and many of the regular items I purchased seemed to be slightly lower in price. And it would seem my observations were accurate as a Nielsen study… Read more »

According to the BBA/British Bankers Association, our use of credit cards has not slowed down due to the vote to leave the EU, or Brexit. The BBA states that in July there were 168 million purchases using credit cards.  This is higher than  in June and the average of the previous six (6) months. This… Read more »

The GBP has been bounced about lately as to its strength against other currencies.  Years ago you could get $1.50 for £1, but due to the Brexit and the uncertainty of things, the Pound has been devalued. Prior to the vote to leave the EU, the Pound saw a surge in its value against other… Read more »

Sports Direct has come to a deal with HMRC and their worker’s union Unite, to pay thousands of their workers back wages totalling a million pounds.  This is due to the fact they were paying many of their workers less than the national minimum wage. This deal affects both contracted workers and agency staff who… Read more »

How we bank has changed a lot over the years, and is due to change a bit more by 2018 according to the Competition and Markets Authority/CMA.  One change we have seen in the past few years is the increase in the use of online banking, and now banking applications.  We use these apps so… Read more »

The Bank of England last week cut the base interest rate from 0.5% to 0.25%, which is in theory to help the economy. The thinking behind this is by lowering the interest rate, the banks can then lower their rates and hopefully people will borrow and spend, which aids the economy. The question has been,… Read more »