UK Money

Queen's new look on coins unveiled

Royal Mint Engraver Jody Clark observes his new coinage portrait of the Queen at the National Portrait Gallery, London.

A new portrait of the Queen that will appear on coins has been unveiled - but it may be some time before the updated money starts showing up in people's wallets.

PM pledges 200,000 starter homes

Prime Minister David Cameron tries his hand at brick laying during a visit to the Barratt Homes Evolve development in Grays, Essex

David Cameron has pledged to double to 200,000 the number of cut-price starter homes to be built under a Conservative scheme, as he set out his ambition to make home ownership "the privilege of the many, not the preserve of a few".

High executive pay 'hitting trust'

Some 52% of those surveyed identified anger over senior levels of executive pay

Half of company directors believe that excessively high pay for executives is the biggest threat to public trust in business, according to a new study.

MPs and peers 'should move to Hull'

Hull has the lowest average rents on England

Parliament should be converted into affordable housing and MPs and peers relocated to Hull to cut costs and ease the capital's housing shortage, campaigners have suggested.

Pensions shake-up a risk - minister

Steve Webb says the Government's pension reforms are intended to "set people free"

The minister behind the Government's pensions shake-up has said the policy is a "risk" because it relies on people managing their own finances.

MPs warn on energy switching deals

MPs have criticised the actions of some price comparison websites regarding information on energy and gas suppliers

Price comparison sites should pay compensation to energy customers who have been misled into switching to deals that were not the cheapest on the market, MPs have said.

Starter homes 'with a 20% discount'

The average cost of a first home is now £218,000

Young first-time buyers are being urged to sign up to a Government scheme aimed at providing starter homes at a 20% discount which David Cameron said could be a "game changer".

Britannia on the money once more

Britannia will feature on the tails side of the £2 coin

The image of Britannia is to appear on a coin for the first time since 2008, with David Cameron hailing the return of an "enduring symbol of our national identity".

Personal risk warnings on pensions

The Financial Conduct Authority acknowledged that accessing pension savings in the new environment will present risks to consumers

People looking to access their pension savings will be given personalised "risk warnings" to help prevent them from making bad choices which could potentially be irreversible under plans announced by the City regulator.

Makeover for Queen's coin portrait

The Queen has changed since she first appeared on royal coins in the 1950s

A new portrait of the Queen to appear on coins will be unveiled next week, before the new effigy starts to show up on the money in people's wallets and pockets up and down the country later this year.

'100,000 may die' due to heat costs

A charity has called for action to help people struggling to heat their homes

More than 100,000 people could die needlessly over the next 15 years because they are unable to heat their homes properly, campaigners have claimed.

Elderly 'need thousands more homes'

Thousands more homes for older people will be needed to prevent bed-blocking bottlenecks worsening, says the National Housing Federation

Thousands more homes which can meet the needs of older people will be needed in the coming years to prevent bed-blocking bottlenecks in the NHS growing worse, the National Housing Federation has warned.

Miliband pledges tuition fees cut

Ed Miliband gives a speech at Leeds College of Music where he pledged that university tuition fees would be cut to £6,000 a year if Labour wins the general election

Ed Miliband today pledged to cut tuition fees to £6,000 a year if Labour wins the general election, as other parties lined up to rubbish the proposals.

Workplace pension membership rises

More young people are in workplace pension schemes

Workplace pension membership has grown to its highest levels since records started in 1997, with a sharp upswing in young people saving for their future helping to drive the increase.

18,700 foreigners avoid river toll

Toll booths have been abandoned at the Dartford crossing

UK highway bosses have had to call in a European debt recovery agency to chase nearly 19,000 overseas drivers who have failed to pay in the first month of a new river crossing charging scheme.

Sales data signals 'buyers' market'

Estate agets said buyers were becoming more successful at negotiating sellers' asking prices down

Nearly three out of every four homes sold in January went for less than the asking price as the property market has started to swing back in favour of buyers, estate agents have reported.

Minister in pension change warning

Pension changes are due to come in on April 6

The minister responsible for the Government's retirement savings revolution has told people to "stay in bed" rather than rush out to take advantage of the sweeping reforms on the day they come into force.