Finance News

Within the Open Access Government Finance News section, you can find a wide variety of information on the changes in the financial sector.

We often explore the development of digital banking and the future of Fintech, along with the World Bank and World Trade Organisations (WTO) stories. You can also find expert opinions on many popular topics within this category along with insights into the financial changes in other countries.

This category also covers poverty and pensions in the UK along with any legal changes to financial law. Up to date articles are available on fiscal policy and trade wars within the sector.

whitehall

Whitehall austerity has cost £4m more than it saved

Plans to privatise some of Whitehall’s office functions has cost more to implement than it has saved, according to an official spending watchdog… Plans to...

CIPD warns pay growth is “stuck in the slow lane”

A new survey from the Chartered Institute of Personnel and Development has revealed the growth in wages is likely to remain in the slow...

IMF: Brexit would have “bad, to very, very bad” consequences

The IMF has warned leaving the EU would lead to negative and substantial effects on the UK’s economy… In its regular update on the economy...

Government will not give women help over pension changes

The government will not intervene on pension changes, which will see women lose thousands of pounds… A decision by the government five years ago to...

Liverpool City Council launches £1 shop programme

As part of Liverpool’s urban regeneration, the city council has launched a new programme aimed at bringing disused shops back into use… A new scheme...

The challenges ahead for Londoners’ daily needs

Dr Nelson Ogunshakin OBE, Chief Executive Officer, Association for Consultancy and Engineering outlines the financial challenges facing London ahead of the budget... Ahead of Wednesday’s budget, the concerns...

Warwickshire CC awards nearly half a million to help small businesses

Small businesses in Warwickshire have benefited from funding from the county council to help them grow… A total of £427,736 worth of funding has been...

MPs tell bank chiefs to improve IT security

Banks are being urged to improve their computer systems after MPs warned they do not “appear to be up to the job”… MPs on the...
empty wallet

Young people poorer than previous generation

A  new report has revealed during every stage of their lives young people will be worse off than the generation before them… New analysis from...

How standards benefit the UK economy

Daniel Mansfield Head of Policy Engagement at BSI discusses how standards contribute to the UK economy, and focuses on the stand-out sectors  Independent research by...
Smart procurement at the centreSmart procurement at the centre

Smart procurement at the centre

David Noble, Group CEO, CIPS sheds light on procurement in the public sector…   Supply chains lie at the heart of any good operation and this...
Number of properties for sale at lowest for years

Number of properties for sale at lowest for years

Halifax has reported the number of properties available for sale on the market has reached its lowest level for many years... There is no denying...
Sales fall for supermarket chain Morrisons

Sales fall for supermarket chain Morrisons

Supermarket chain Morrisons has announced like-for-like sales fell by 2.9 per cent in the three months to May... The big supermarket chains in the UK...
Fee warning for mortgage borrowers

Fee warning for mortgage borrowers

Homeowners are being warned to be aware of high fees attached to falling mortgage rates... Tumbling mortgage rates might be a good thing for the...
Starting pay in Scotland rises

Starting pay in Scotland rises

According to the latest figures, the starting pay for permanent jobs in Scotland has increased Figures from the latest Bank of Scotland Report on Jobs...
UK economy expected to grow by 2.8 per cent

UK economy expected to grow by 2.8 per cent

A new report has predicted the UK economy will see growth in the year ahead, despite the political uncertainty surrounding the upcoming election... An EY...
Mobile customers pay £355m for handsets they own

Mobile customers pay £355m for phones they own

Consumer group Which? has revealed that nearly half of people do not switch their contract immediately when their fixed term ends, costing on average...
Inflation holds at a record low of 0.0 per cent

Inflation holds at a record low of zero

Disposable incomes have received a boost as inflation rates remain at a record low of 0.0 per cent Inflation, which is measured by the consumer...
Biggest fall in household incomes in Northern Ireland

Biggest fall in household incomes seen in Northern Ireland

A think-tank has revealed that households in Northern Ireland have the lowest incomes of anywhere in the UK... The Resolution Foundation found the average household...
Co-operative Group made £124m profit last year

Co-operative Group made £124m profit last year

After making a loss in 2013, the Co-operative Group has announced a return to profit in 2014... The Co-operative Group has announced profits were up...

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