Are 25-year UK mortgages a thing of the past?

For a long time the traditional length of a UK mortgage has been 25 years, but runaway house prices and, more recently, dramatically higher borrowing…

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Nationwide faces mounting calls to give members say on Virgin Money takeover

The Nationwide building society is facing growing calls to give its 16 million members a say on its proposed £2.9bn takeover of high street rival…

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Bank of England sticks with 5.25% interest rate but hints at coming cut

The Bank of England has dropped the broadest possible hint that the next move in interest rates will be downwards after forecasting inflation will fall…

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UK car finance: ‘millions of drivers could get payout’ as watchdog investigates

Millions of drivers could be in line for a payout, it has been claimed, after the UK financial watchdog opened an investigation into whether consumers…

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UK students launch Barclays ‘career boycott’ over bank’s climate policies

Hundreds of students from leading UK universities have launched a “career boycott” of Barclays over its climate policies, warning that the bank will miss out…

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Will high interest rates burst the new car bubble and will drivers hand back keys?

Britain’s car buyers are a nation of borrowers: more than four in every five new cars bought by individuals in 2022 was paid for with…

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Green investment funds pushing money into fossil fuel firms, research finds

Investment funds branded as green or socially responsible are being used by some of the world’s largest asset managers to invest hundreds of millions of…

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Financial sector ‘critical’ to stemming biodiversity loss, says Thérèse Coffey

The financial sector must be encouraged to invest in nature conservation for the world to meet this decade’s UN biodiversity targets, the UK environment secretary…

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Scams: FCA blocks more than 10,000 ads from Instagram, Facebook and YouTube

More than 10,000 misleading financial promotions and scams aimed at consumers via social media sites such as Instagram, Facebook, YouTube and TikTok have been identified…

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