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The latest finance news including topics such as the development of digital banking and the future of Fintech, and stories from the World Bank and World Trade Organisations (WTO) stories.

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Over a million households will gain £420 boost under new Universal Credit rules

Finance
From 30 April 2025, a significant change to Universal Credit will ensure that more than a million low-income households across the UK receive a financial boost, thanks to new rules reducing the amount that can be deducted from their benefits to repay debts.

Public inquiry needed into debt crisis, insist senior MPs

Finance
Senior MPs have urged the government to open up a public inquiry into the £200 billion worth of debt burdening households across the country Two...

Pound value against the dollar highest since Brexit vote

Finance
The pound has reached its highest value against the dollar since the Brexit vote sent its value plummeting, with speculation it could rise in coming months

Cryptocurrency prices crash as China cracks down on Bitcoin

Finance
Cryptocurrency prices have dropped dramatically as rumours spread that China will become the first country to begin cracking down on Bitcoin 

Credit card companies extend limits for those with debt

Finance
A charity has claimed that major credit card companies have been automatically extending credit card limits for those already burdened by debt

UK companies to be required by law to release pay ratios

Finance
Under a new law, UK companies will be required to release pay ratio difference between CEOs and the average employee in a bid to increase transparency

A new contactless payment solution for public transit

Finance
Contactless payment is benefiting Canadian transport systems, explains Louis-Martin Fournier, Product Manager at the Desjardins Group

Imec start-up incubation for digital entrepreneurs

Finance
For those looking to kick-start their tech business, this imec start-up incubation programme offers support with coaching, facilities and funding Imec.istart is an imec business...

Is cryptocurrency the new digital phenomenon?

Finance
Open Access Government looks at new digital technologies such as blockchain and bitcoin and highlights cryptocurrency and where it may go in the future Cryptocurrency...

Budget Commissioner warns Brexit will led to “small cuts”

Finance
The EU’s budget will have to be scaled back after Brexit, says European Commission Budget Chief Günther Oettinger

How does the pension world look in 2017?

Finance
Pensions and Lifetime Savings Association’s Graham Vidler shares his expectations for the pension world in 2017 and the next generation of pensioners

Judges rule long-term partner can claim public sector pension

Finance
A Northern Ireland woman has won a Supreme Court legal battle that is likely to improve the rights of unmarried couples over their public...

Nottinghamshire County Council reopens £6m growth fund

Finance
Businesses have been invited to bid for a share of a £6m growth fund to expand their operations when the council reopens it next week

Public sector pay to fall by thousands of pounds in real terms

Finance
The TUC has issued a warning that public sector pay is set to see a real terms drop by 2020 if the one per cent wage cap is enforced

Majority of SMEs forced to write off unpaid debts

Finance
New research shows three in four SMEs' unpaid debts have to be written off, threatening their growth and the jobs of their employees According to...

European Commission announces boost for start-ups

Finance
The European Commission’s Start-up and Scale-up Initiative is being launched to help start-ups deliver their full innovation and job creation potential It pulls together all...

Labour fined for failing to disclose General Election expenses

Finance
General Election expenses that were not disclosed after the General Election have come under scrutiny from the Electoral commission The Electoral Commission has fined the...
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