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.

sustainability and social value

Five ways to bring sustainability and social value to your supply chain

Dave Emsley explores how the world can be greener, outlining five key ways to bring sustainability and social value to your supply chain.
cost of raising a child, children

The cost of raising a child has increased by 21% in four years

The cost of raising a child up to the age of 21 has increased by 37% in over a decade, at an estimated £230,000 – the price of an average semi-detached house.
poverty trap, assets

Asset transfer programmes could pull people out of the poverty trap

When rural poor people get a one-time capital boost, it helps them accumulate assets and find better occupations - pulling them from the poverty trap.
sustainable finance, financial sector

£1.2 million sustainable finance pledge against greenhouse gases

The Bank of America and the University of Oxford pledge £1.2 million to support greenhouse gas removal and sustainable finance research.
russian gas supplies, economic output

Germany risks €220 billion with full ban on Russian gas supplies

The Joint Economic Forecast finds that €220 billion of German economic output would be at risk over 2022 and 2023, if the country cuts ties with Russian gas supplies.

UK graduates to be hit with 12% student loan interest rate

According to the Institute for Fiscal Studies, graduates and students will be expected to pay up to 12% interest on their loans as of autumn 2022
financial education, future employees

Financial education could inspire a generation of future employees

Sharon Davies, CEO of Young Enterprise, says that the right financial education could inspire a generation of capable, future employees.
mortgage lenders, minority groups

Racist mortgage lenders charge 8% higher interest to ethnic minorities

Borrowers from minority groups were charged 8% higher interest rates from mortgage lenders and were rejected for loans 14% more often than those from privileged groups.
Childcare costs

Childcare costs leave 1.7 million UK women unable to work 

The Women’s Budget Group highlight a critical lack of support for childcare costs in the latest Spring Budget.
accounts payable audit, annual audit

Rockford Associates: Your Go-To Annual Accounts Payable Audit Provider

Learn why Rockford Associates could help support your Profit and Loss.
global tax abuse, tax evasion

Money lost to global tax abuse could prevent 600,000 child deaths

Millions of lives around the world could be improved by tackling global tax abuse – including greater access to basic sanitation and more children in schools.
supplier diversity, supply chain

Looking to the future: Can we make supplier diversity a priority post-pandemic?

Mayank Shah, MSDUK, explores how supplier diversity could become a priority in the distant realm of the post-pandemic.
uk inflation 7%, lower income households

It’s expensive to be poor: UK inflation to reach 7% in 2022

Inflation, tax, energy, gas, food, and travel costs are all expected to rise in 2022 – hitting lower income households the hardest across, with UK inflation at 7%.
higher rent, higher minimum wage

Higher minimum wage can lead to increased rent prices

While higher minimum wage has been connected to improved quality of life, US data finds that fewer people tend to default on their rent payments - making landlords raise rent prices.
carbon tax on diesel

The rural burden of disproportionately higher carbon tax on diesel

Carbon tax on diesel increased in rural areas, highlighting that rural households often disproportionately share carbon tax prices when urban areas pollute more.
unfair inequality, u.s economy

US has second highest level of ‘unfair inequality’ globally

Economists define inequality as unfair if people have unequal opportunities or insufficient resources to make ends meet.
open finance

Open Finance: What’s next for the UK and Open Banking?

Andy Renshaw, SVP of product management at Feedzai, discusses what is in store for the future of UK Open Banking.
eu's fiscal rules

The debate on the future of the EU’s fiscal rules needs more pragmatism!

Reform of the fiscal rules is currently being discussed in a highly ideological fashion in the EU.
EU Annual Budget,

EU Annual Budget 2022: Provisional deal pledges €170.6 billion investment

A political agreement has been made amongst institutions of the European Union as its EU Annual Budget for 2022 is proposed by the Commission.
Financial education

Financial education: Helping young people navigate the economic arena 

Sharon Davies, CEO, Young Enterprise, looks into the financial pressures facing university students, the hurdles they must overcome and what can be done to help combat these issues.

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