Lloyds Bank Targeted in Recent Cyber Attack

Lloyds bank targeted in cyber attack
Published: 31/01/2017 and written by Robert Rosen

Lloyds bank has been targeted in a recent cyber attack. No accounts were hacked or compromised in the attack, but many of the bank’s 6million customers experienced difficulty accessing and managing their accounts. The banking […]

HSBC to Close 62 Branches This Year Due to Online Banking

HSBC to close 62 branches due to online banking
Published: 30/01/2017 and written by Emily Rose

HSBC are set to close a further 62 branches this year, on top of the 55 already planned for closure. Around 180 jobs are set to be at risk, and 204 IT jobs could potentially […]

British Gas Told to Pay £9.5million in Compensation

British Gas told to pay £9.5million in compensation
Published: 27/01/2017 and written by Patrick Smith

The UK’s largest energy provider, British Gas, has been ordered to pay £9.5million in compensation for late and incorrect bills. IT issues saw tens of thousands of business customers affected, with some not receiving a […]

Pensioners Getting Richer As Younger People Get Poorer

Pensioners getting richer as younger people getting poorer
Published: 26/01/2017 and written by Robert Rosen

The Institute of Fiscal Studies (IFS) has found people born after 1980 are the poorest in Britain, while pensioners become richer. The research showed older generations are the least likely to experience income poverty. Mr Lender, […]

Supreme Court Rules Parliament to be Given Vote on Brexit

Supreme Court rules parliament to be given vote on Brexit
Published: 25/01/2017 and written by Patrick Smith

The Supreme Court has ruled that Article 50 cannot be triggered without a parliamentary vote. Prime Minister Theresa May cannot begin talks with members of the EU until MPs have given their backing. UK based […]

Free Cash Machines May Start Charging After Bank Dispute

Free cash machines might start charging over dispute with the banks
Published: 24/01/2017 and written by Natasha Krovak

Thousands of cash machines could start charging after a breakdown in agreements over fees and machine maintenance. Almost 40 members of the LINK network will be meeting this week to come to a new agreement. […]

Thousands Missing Out On Grandparent Credits

Thousands Missing Out On Grandparent Credits
Published: 23/01/2017 and written by Robert Rosen

Thousands of grandparents could be missing out on Grandparent Credits, research has found. The scheme was launched in 2011 to help grandparents who take time off to look after children. Mr Lender, a UK based short term […]

Apple App Store Prices Rise by 25% Due to Brexit

Apple App store prices rise to 25% after Brexit
Published: 19/01/2017 and written by Robert Rosen

Apple App store prices are set to increase by 25%. This comes as a result of currency fluctuations caused by Brexit. Since June, the value of the pound against the dollar has fallen by 18.5%. […]

UK Inflation Hits 1.6%

UK inflation hits 1.6%
Published: 18/01/2017 and written by Emily Rose

UK inflation is the highest it’s been for two years.  Inflation hit 1.6% in December, up from 1.2% the previous month. According to the Office for National Statistics, the increase was caused by a rise […]

Gender Pay Gap Reduced to 5%

Gender pay gap now at 5%
Published: 17/01/2017 and written by Toni Hart

The pay gap between men and women in their 20s is now down to 5%, reports have found. However the report also found that women will still earn significantly less than their male colleagues throughout […]