UK Money

Plea to limit stolen mobile fees

Mobile operators are being urged to limit fees consumers face if their phones are lost or stolen

A consumer group has called on mobile phone providers to do more to protect customers who face huge bills if their handset is lost or stolen.

PPI claim time limit considered

PPI was sold alongside products such as credit cards and mortgages

The City watchdog is considering whether to introduce a time limit on complaints for one of the country's biggest and longest running insurance scandals.

Mortgage lending rises after dip

The number of mortgage approvals made to home buyers has started to rise again

The number of mortgage approvals made to home-buyers increased in December for the first time in six months, Bank of England figures show.

Beer sales rise after duty cuts

The 1.3% increase in beer sales last year followed nine years of decline

Beer sales have increased for the first time in a decade, but more booze is now sold in supermarkets and off-licences than in pubs for the first time on record.

'Wages 4.7% lower than in 2008'

Wages are 4.% lower in real terms than before the financial crash, according to the Institute for Fiscal Studies

Men and younger workers suffered the biggest falls in wages as a result of the financial crash, according to a leading economic think-tank.

Rich and poor student gap narrows

More students from disadvantaged backgrounds are applying to go to university, figures reveal

The gap between the numbers of rich and poor students applying to university has narrowed, with disadvantaged teenagers more likely to want to go than ever before.

Energy profit 'up to £114 per home'

The estimated profit is 9% of the average dual-fuel bill

Energy companies stand to increase their profits to £114 per household over the next year, even after cutting tariffs in response to dramatic falls in wholesale prices.

Mortgage company wins court battle

The mortgage company is linked to the West Bromwich Building Society

A financial specialist has lost the latest round of a legal fight with a mortgage company which lawyers say could affect a million people who own buy-to-let properties.

Insolvencies lowest since 2005

The Insolvency Service will reveal the number of people who turned to the three types of formal personal insolvency in the final quarter of 2014

The number of people who slipped into personal insolvency in 2014 was at its lowest level in nine years, official figures show.

Reforms may cut benefits by quarter

A think-tank said that the biggest changes to the benefit system were "yet to come"

Benefits for working-age people could be cut by almost a quarter if reforms initiated by the coalition Government are carried through over the next five years, an independent economic think-tank has said.

Insolvency total expected to drop

The most recent figures released by the Insolvency Service show that bankruptcies are already running at their lowest levels in 15 years

The number of people who fell so badly behind with their finances last year that they went insolvent is expected to be at a nine-year low in official figures released tomorrow.

Deadline looms for tax returns

The deadline for submitting an online self-assessment tax return is midnight on January 31

More than two million people still need to submit their tax return ahead of Saturday's deadline, HM Revenue and Customs (HMRC) has said.

Stamp duty reforms 'boost market'

The NAEA said its members typically had 360 prospective home buyers registered with them per branch in December

Stamp duty changes helped to boost the number of house hunters in December to the highest levels seen for that time of the year in a decade, estate agents have reported.

Labour urged to freeze rail fares

Labour has been urged to freeze rail fares

Labour is being urged to freeze rail fares if it wins the election after a new study showed the cost of travelling on some routes has more than trebled since the industry was privatised.

74% shared card details - survey

The Payments Council has launched a guide to help people manage their finances safely

Nearly three-quarters of people who have recently needed extra help to make payments have potentially put their financial security at greater risk by sharing their card and Pin number with someone else, according to research.

Compensation deal on card products

The FCA said it has reached an agreement over a compensation package with 11 high street banks and credit card issuers and insurance provider Affinion

As many as two million credit card holders could be in line for compensation after being sold security products with some features that they did not need, the City regulator has announced.