UK Finance

Payday Loans Leave Thousands More Struggling With Debts

The Huffington Post/PA | Posted 02.09.2014 | UK

Payday loans are leaving thousands more people struggling with their debts in the past year, figures show. Debt charity StepChange said they dealt...

The Internet Is Drooling Over France's Ridiculously Good Looking Economy Minister

The Huffington Post UK | Asa Bennett | Posted 27.08.2014 | UK Politics

Emmanuel Macron has taken over as France's new economy minister with plans to rescue the country's ailing economy, but one thing has caught people's a...

IMF Chief Lagarde Charged In Corruption Probe

The Huffington Post UK | Asa Bennett | Posted 27.08.2014 | UK Politics

The head of the International Monetary Fund, Christine Lagarde, has been charged with "negligence" in a corruption investigation relating to her time ...

Salmond Will Hate What This Guy Has To Say About Scottish Independence

The Huffington Post UK | Asa Bennett | Posted 22.08.2014 | UK Politics

Scottish independence could lead to "capital flight" as savers rush to move their money out of the country, the chairman of HSBC has warned. Dougla...

Tech City or FinTech City? We Have a Decision

Daniel Lowther | Posted 19.08.2014 | UK Tech
Daniel Lowther

Earlier this month saw the launch of Innovate Finance which has been created to "accelerate the UK's leading position in the global financial services sector, by directly supporting the next era of technology-led financial services innovators." ... The government has shifted focus and has its sights firmly set on FinTech.

Bank of England - Confusion Reigns

Nick Beecroft | Posted 18.08.2014 | UK
Nick Beecroft

As I write, the likelihood of imminent rate rises in the UK still hangs in the balance, following the release of another strong set of employment figures and, shortly afterwards, a still surprisingly dovish Bank of England Quarterly Inflation Report, (QIR).

Russell Wants Your Help To Stop Big Business Profiting From Gaza

The Huffington Post UK | Asa Bennett | Posted 13.08.2014 | UK Politics

Russell Brand has called on big banks, pension funds and other businesses to cut their investments or deals that "facilitate the oppression of people ...

Most Experts Say Scottish Independence 'Makes No Economic Sense'

The Huffington Post UK | Asa Bennett | Posted 06.08.2014 | UK Politics

Alex Salmond's Scottish independence plans have received a fresh blow as research found that most financial experts in Britain believe they make "no e...

George's Officials Accused Of Helping 'Coalition Propaganda Machine'

The Huffington Post UK | Asa Bennett | Posted 31.07.2014 | UK Politics

George Osborne's deputy Danny Alexander has been accused of using Treasury civil servants as a "coalition propaganda machine" after ordering them to p...

George May Get His Former Adviser To Run The BBC

The Huffington Post UK | Asa Bennett | Posted 30.07.2014 | UK Politics

Nick Prettejohn, the City grandee who advised Chancellor George Osborne, is reportedly a top contender to be the next chairman of the BBC Trust after ...

Supermarket Tax Would Boost Local Business

Natalie Bennett | Posted 29.07.2014 | UK Politics
Natalie Bennett

Twenty councils, among them Green-led Brighton and Hove, asked the government for powers to put a levy on big supermarkets in their area. The money is to be used to support local communities damaged by the business practices of these giants... small businesses and cooperatives could again flower and grow in communities around the country.

My Experience in Raising Finance

Reuben Singh | Posted 29.07.2014 | UK
Reuben Singh

From the age of 17, when I launched my business, till today I have probably been involved in 10 or 12 different fundraising situations. Most of these have been for different deals and some of them for the same venture.

5 Rich Russian Pals The Tories Would Prefer You Forgot

The Huffington Post UK | Asa Bennett | Posted 22.07.2014 | UK Politics

David Cameron is busy talking tough about what sanctions Vladimir Putin and Russia could be hit in response to their backing of the Ukrainian rebels, ...

Flirting With Freelancing as a Graduate

Megan Brownrigg | Posted 14.07.2014 | UK Universities & Education
Megan Brownrigg

There will be moments when you do a double take on your lifestyle... Just because there isn't a graduate scheme for it, doesn't mean you can't do the work you want to do. Go old school, send some emails, make some calls, and set yourself up... if you offer something good enough, the clients will come trotting.

Crowdfunding Proving Popular in the Middle East

Luke McManus | Posted 11.07.2014 | UK Tech
Luke McManus

Crowdfunding has been met with skepticism from banks and local government. "They see it as a threat," claims Absi, "they fear it because it could be a way of laundering money or funding terrorism; it's not a comfortable zone for them."

Debts: What Options Do We Really Have?

Sarah Moyes | Posted 09.07.2014 | UK
Sarah Moyes

It's really hard to find anyone these days that doesn't have some sort of debt hanging over them. If you've graduated from university, certainly in the last 10 years, then chances are you will still be paying off your student loan today...

Zero Hour Contracts, the Impoverished Elephant in the Room

Tom Johnson | Posted 30.08.2014 | UK Universities & Education
Tom Johnson

Outlaw zero hours contracts and instead ensure that any individual entering a work contract is given a legal guarantee of the number of the minimum number of hours they should be required to work. It might increase the costs for corporations and may in the short term lead to a rise in unemployment, but if the economy is growing as fabulously as George Osborne announces, then the number of jobs should increase to combat this problem.

WATCH: Carney Thinks Cable's Mortgage Cap Would Ruin The Recovery

The Huffington Post UK | Asa Bennett | Posted 27.06.2014 | UK Politics

Bank of England governor Mark Carney has dismissed Vince Cable's call to cap mortgages at three-and-a-half times a house-buyer's salary, warning that ...

Hoping To Buy Your First Home? Here's Why Carney May Have Ruined That

The Huffington Post UK | Asa Bennett | Posted 26.06.2014 | UK Politics

Mark Carney boasted that the Bank of England was acting on fears about Britain's roaring housing market by forcing lenders to hand out at most 15% of ...

Carney Admits His Own Plans To Cool The Housing Market Won't Do Much

The Huffington Post UK | Asa Bennett | Posted 26.06.2014 | UK Politics

The Bank of England has admitted that its latest measures to rein in Britain's roaring property market will have "minimal" impact, as fears mount that...

Asa Bennett

No Idea About Islamic Banking? Here's Six Things You Need To Know

HuffingtonPost.com | Asa Bennett | Posted 25.06.2014 | UK Politics

The Treasury has just sold £200 million worth of Islamic government bonds, known as "sukuk", in a bid to make Britain a global hub for Islamic financ...

Do I Really Want to Meet My Bank Manager?

Anil Stocker | Posted 19.08.2014 | UK Politics
Anil Stocker

When was the last time you met your bank manager? When was the last time you walked into a bank branch and interacted with anything other than a machine? My guess is that many people will struggle to remember.

Defusing an 'Affordability Timebomb'

Graeme Yorston | Posted 19.08.2014 | UK
Graeme Yorston

Perhaps one of the most positive outcomes of the recent economic crisis was the message that consumers would benefit from saving more and borrowing more responsibly. So accessible were interest free loans, 105% mortgages and credit accounts that consumers came to believe they could afford anything, irrespective of their financial circumstances.

Waiting to Benefit

Ciaran Devane | Posted 18.08.2014 | UK
Ciaran Devane

Jodie is 31 and lives in London, last October she was given the devastating news that she had breast cancer. A few weeks later she was told it had spread to her bones. She had to give up work almost immediately and suddenly found herself with barely enough money to live on. Jodie was advised by her nurse to apply for the Personal Independence Payment, the UK's main disability benefit, which would offer her some financial support. She applied in November, but seven months on and she is still waiting to find out if she is eligible. She is now at crisis point, struggling to pay for day-to-day expenses such as food and bills. This is unacceptable.

Paying for a Wedding - Who, How and Cutting the Bill

Sarah Willis | Posted 18.08.2014 | UK Lifestyle
Sarah Willis

Traditionally, the majority of wedding costs were paid by the father of the bride. This is rooted in the dowry tradition, where the groom's family were compensated for taking on the financial burden of the bride.