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Financial news from around the UK

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UK mortgages are cheap but rents are most expensive in Europe

by Evolution Money | Posted July 7, 2015 | Money

The cost of renting somewhere to live is higher here in the UK than anywhere else in Europe, says the… Read More


Debt management firms still mislead vulnerable customers, says watchdog

by Evolution Money | Posted July 7, 2015 | Money

The Financial Conduct Authority, the City watchdog, has warned that a number of debt management firms increase some of their… Read More


Greek debt crisis deepens as Prime Minister closes banks

by Evolution Money | Posted June 6, 2015 | Money

Banks in Greece have closed and are likely to remain so for more than a week, according to Greek Prime… Read More


Evolution Money Ltd expands into city centre premises

by Evolution Money | Posted June 6, 2015 | Money

Manchester based lender Evolution Money is proud to announce its expansion into new city centre premises. Securing the deal for… Read More


Unemployment figures at lowest point for five years as wages increase

by Evolution Money | Posted June 6, 2015 | Money

Unemployment in the UK has fallen once more and wages are at their highest level for four years, according to… Read More


Travelling to Greece this summer?

by Evolution Money | Posted June 6, 2015 | Money

Over one million British holidaymakers are expected to arrive in Greece over the next few months and many will, understandably,… Read More


UK inflation rate no longer negative

by Evolution Money | Posted June 6, 2015 | Money

The rate of inflation has turned positive after only one month of negative inflation. The Consumer Price Index (CPI) measured… Read More


Spending cuts must continue for next fifty years, warns independent watchdog

by Evolution Money | Posted June 6, 2015 | Money

The Office for Budget Responsibility, (OBR), an independent watchdog, has said that austerity measures must extend well beyond the end… Read More


House values in Central London fall by 22 per cent

by Evolution Money | Posted June 6, 2015 | Money

House prices in the most expensive areas of the capital have fallen by as much 22 per cent since last… Read More


Lloyds Bank fined £117 million over PPIs

by Evolution Money | Posted June 6, 2015 | Money

Lloyds Banking Group has been fined a record £117 million by the Financial Conduct Authority (FCA), for its mishandling 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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