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.

money worries

Research reveals kids worry about their parents not having enough money

To mark Talk Money week, Equifax reveals how children deal with family money worries
pay gap in the UK

Bridging the gender pay gap in the UK

The latest data by the Office for National Statistics has found that, while the gender pay gap in the UK has fallen to its lowest ever level at 8.6%, the average woman in the workplace still earn less than the average man with the gap even wider for women aged over 40 with 12.8%

Small businesses receive boost from Budget plans

ECA and BESA’s call to protect SMEs from employment red tape and to increase support for engineering skills are reflected in the Budget plans announcement made by Chancellor Philip Hammond on Monday 29 October
low-paid work

Falling behind at 18 years old leaves low-paid work as only option for many

Think tank finds learners that fail to get GCSE-equivalent qualifications by 18 years old often fail to recover, with cuts to adult learning meaning they become trapped in low-paid work
Multiannual Financial Framework

European Union: Multiannual Financial Framework

Javier Doz Orrit, EESC Member for the Spanish Comisiones Obreras Trade Union and Rapporteur for the EESC opinion on the 2021-2027 MFF, European Economic and Social Committee, tells us everything we need to know about the EU Multiannual Financial Framework
labour-market

Can labour-market inequalities be reduced by negotiating at the company level?

Pierre Courtioux, Research Director at the Economics Research Centre (EDHEC) probes if labour-market inequalities can be reduced by negotiating at the company level
cost of retirement

Most Brits massively underestimate cost of retirement

The UK’s future pensioners look set to be cash-strapped as most Brits either have no idea or are wildly underestimating the cost of retirement
english economy

Recreational angling puts ÂŁ1.4bn into English Economy

Freshwater anglers contribute an estimated £1.4 billion annually to the English economy, supporting up to 27,000 full-time equivalent jobs, through their spending on the sport
cybersecurity professionals

Cybersecurity professionals see salaries increase 6% in one year 

Acumin Consulting has today unveiled its annual Salary Survey of UK cybersecurity professionals, detailing the typical salaries attained in roles across the sector
salary

Average UK Wage: What salary should you be earning at your age?

There’s a direct correlation between age and salary – for most of your life they will increase together as you learn new skills, gain more experience and increase your potential. But it also depends on several variables, including your industry, development, skill set and even gender. Here’s what you need to know according to Instant Offices

Consumer debt: A quarter of customers happy for service providers to share personal data

More than a quarter of UK consumers would be happy for service providers to share their personal data with other suppliers or third parties, according to new research
late payments

Addressing the issue of late payments in government contracts

The efforts of Cabinet Office Minister Oliver Dowden concerning new measures designed to address the issue of late payments in government contracts and to “level the playing field” for small firms looking to bid for work are discussed here by Open Access Government
supplier payments

The public sector can set the example on supplier payments

In the wake of the Carillion bankruptcy, there is an opportunity for the public sector to set a new global standard for supplier payments, argues David Brown, CPO and co-founder of Previse.
Financial services

Financial services: The explosion of cryptocurrencies

Erik Voorhees, CEO of ShapeShift speaks to us about the explosion of cryptocurrencies from a financial services perspective. In this interview, he shares his thoughts on swapping digital currencies and the role of innovation in the field
cryptocurrencies

Building wealth through cryptocurrencies

Director of Investor Relations at Atlas Quantum, Bruno Peroni shares his expert views on building wealth through cryptocurrencies
EU economy

EU economy on the rise as incomes increase and unemployment rate falls

The economy of the European Union (EU) is currently doing quite well. We are most likely at the end of an expansionary phase of the business cycle, average incomes have risen above pre-crisis levels and the average unemployment rate of EU member states is down to 7% from almost 11% in 2013
Scottish festivals

Scottish festivals boosts economy by millions

The Scottish Secretary, David Mundell, will be joined by other UK Government cabinet ministers in Edinburgh in a show of support for Scottish festivals and to celebrate the international profile and significant economic boost they bring
renters

Tech companies win government competition to help renters onto property ladder

Winners of the government's Rent Recognition Challenge Tech will use their prize money to create a simple to use apps that will help renters towards owning their own home.
universal credit

Universal Credit could grant abusers with more control over family income

A simplified Universal Credits system now makes payments to one person per household, which can often leave victims of domestic abuse and their children entirely dependent on their attacker
UK taxpayers

HMRC warn UK taxpayers it’s time to declare offshore assets

HM Revenue and Customs (HMRC) is urging UK taxpayers to come forward and declare any foreign income or profits on offshore assets before 30 September to avoid higher tax penalties

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