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Financial news from around the UK

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UK economy tips into negative inflation

by Evolution Money | Posted May 8, 2015 | Money

Britain has negative inflation for the first time in more than fifty years, according to the latest Consumer Price Index… Read More


Insurance regulator says cost of different payment options needs to be clearer

by Evolution Money | Posted May 8, 2015 | Money

Insurance companies are not making it clear that payment by instalments is more expensive, says the Financial Conduct Authority, (FCA)…. Read More


EU exit poll should take place soon says Bank’s Governor

by Evolution Money | Posted May 8, 2015 | Money

The Governor of the Bank of England has said that Britain should hold the EU in or out referendum, promised… Read More


Consumer borrowing leaps by £1.2 billion

by Evo Money | Posted May 8, 2015 | Money

Consumer borrowing has escalated by as much as £1.2 billion from February to March of this year, the steepest rise… Read More


Sales of euros surge due to strong sterling

by Evo Money | Posted May 6, 2015 | Money

Thousands of Britons are cashing in on the strong pound and buying their euros weeks or even months in advance… Read More


Conservative and Labour reveal election taxation plans

by Evo Money | Posted May 5, 2015 | Money

The Conservative Party has said that it will exempt all properties worth less than £1 million from inheritance tax, should… Read More


Big banks losing customers under new switching system

by Evo Money | Posted May 1, 2015 | Money

Many of the big high street banks are losing customers who are switching current accounts, according to recent figures from… Read More


Secured loans up by 11 per cent month on month

by Evo Money | Posted April 29, 2015 | Money

The number of home owners taking out secured loans rose by almost 11 per cent in February, month on month,… Read More


Britain’s richest double wealth since last recession

by Evo Money | Posted April 27, 2015 | Money

The 1,000 richest families in Britain have seen their wealth double since the financial crisis of 2007 and 2008 and… Read More


April house prices at all-time high across the UK

by Evo Money | Posted April 27, 2015 | Money

Average house prices have reached a record high, according to property website, Rightmove. A large rise in the number of… Read More


Warning: Late payment can cause you serious money problems. For help, go to moneyhelper.org.uk
Representative 28.96% APRC (Variable) - For a typical loan of £20,950 over 85 months with a variable interest rate of 23.00% per annum, your monthly repayments would be £537.44. Including a Product Fee of £2,095.00 (10% of the loan amount) and a Lending Fee of £714.00, the total amount repayable is £45,682.15. Annual Interest Rates ranging from 11.7% to 46.5% (variable). Maximum 50.00% APRC. The loan must be paid back by your 70th birthday. Read more.

Think carefully before securing debts against your home your home may be repossessed if you do not keep up repayments on your mortgage or any other loan secured against it. If you are thinking of consolidating existing borrowing, you should be aware that you may be extending the terms of the debt and increasing the total amount you repay.
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