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Financial TimesVirgin Money plans current account as mortgage pressure loomsFinancial TimesVirgin Money warned its profit margin would slip next year due to competitive pressure in the mortgage market, as it prepares to enter the UK current account and small business banking sector to boost growth. The warning came despite the Bank of ...Virgin Money slumps as it warns on UK mortgage market pressures and shrinking marginsProactive Investors UKVirgin Money shares fall 5 percent on revised mortgage guidanceReutersVirgin Money trims guidance for 2018 mortgage lendingDIGITALLOOKThe Timesall 19 news articles »
This is MoneyEndowment scandal: 70,000 face selling their homes | This is MoneyThis is MoneyBritain's biggest insurance companies are using an EU ruling to brush a major investment scandal under the carpet. Payouts on endowment policies have ...and more »
This is MoneyThe endowment scandal gets even worse: 70000 face selling homes as plans expected to pay £110000 are now worth ...This is MoneyBritain's biggest insurance companies are using an EU ruling to brush a major investment scandal under the carpet. A Money Mail investigation found payouts on mortgage endowment policies have crashed by up to 78 per cent over 25 years. Customers ...and more »
FortuneAmerican Express Is Getting Into Blockchain-Based Payments With RippleFortuneAmerican Express said its FX International Payments (FXIP) business had partnered with Ripple to provide real-time, trackable non-card payments from the United States to Britain. Customers are already using the service, the companies said, and it would ...American Express, Santander team up with Ripple for cross-border payments via blockchainCNBCAmerican Express Introduces Blockchain-Enabled Cross-Border Business-to-Business PaymentsMarkets InsiderAmerican Express Opens Ripple-Based International Blockchain Payments ChannelCryptoCoinsNewsall 40 news articles »
Reuters UKAmex launches blockchain-based business payments using RippleReuters UKLONDON (Reuters) - American Express has introduced instant blockchain-based payments using Ripple, a fintech start-up, for U.S. corporate customers sending funds to UK-based businesses that bank with Santander UK, the companies said on Thursday.American Express, Santander team up with Ripple for cross-border payments via blockchainCNBCall 9 news articles »
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Almost half of Britain's private wealth owned by top 10% of households - The Guardian

The GuardianAlmost half of Britain's private wealth owned by top 10% of householdsThe Guardian“The government must reshape the economy to address the UK's over-reliance on property and financial investments,” Frances O'Grady said. “Future growth must be built on the firm foundation of higher wages in both the public and private sectors, and ...and more »
(26-04-2016)

5 ways to buy your first home a LOT faster - everything you need to know to step onto the property ladder - Mirror.co.uk

Mirror.co.uk5 ways to buy your first home a LOT faster - everything you need to know to step onto the property ladderMirror.co.uk“From a mortgage point of view, things look better for first-time buyers than they have done in recent years,” reckons mortgage adviser David Hollingworth of L&C Mortgages. “Competition in the marketplace has brought rates right down and that has now ...and more »
(26-04-2016)

Sir Philip Green – the man who turned the hard work of the British high street into glittering parties - The Independent

BBC NewsSir Philip Green – the man who turned the hard work of the British high street into glittering partiesThe Independent“Philip Green will be fondly recalled for many fine qualities – his personal charm, his generosity toward his wife Tina, his knack for throwing elegantly understated parties for himself and his family, to name a few. But the achievement for which he ...Pension scheme at heart of BHS woesBBC NewsBritish retailer BHS goes into administration, 11000 jobs could be losteuronewsall 633 news articles »
(26-04-2016)

BHS vouchers can only be used for 50pc of purchases following firm's collapse - Telegraph.co.uk

Telegraph.co.ukBHS vouchers can only be used for 50pc of purchases following firm's collapseTelegraph.co.ukBHS went into administration on Monday putting 11,000 jobs at risk and raising uncertainty over whether its 164 stores in the UK would remain open. Current rules mean ... For example, to redeem a £10 gift card a shopper would have to spend £20 in total ...What the BHS collapse means for consumersThis is MoneyBHS goes into administration: How it affects youMoneywise Magazineall 633 news articles »
(26-04-2016)

What does BHS administration mean for you? - AOL Money UK

AOL Money UKWhat does BHS administration mean for you?AOL Money UKIf it turns out that your order hasn't already gone into the delivery process, you may have a chance of getting your money back. If you've bought something over £100 on a credit card, you can claim back from the credit card company under the Consumer ...and more »
(26-04-2016)

Sir Philip Green: From 'King of the High Street' to 'Unacceptable Face of Capitalism' - BBC News

BBC NewsSir Philip Green: From 'King of the High Street' to 'Unacceptable Face of Capitalism'BBC NewsNow he is being branded the "Unacceptable Face of Capitalism" by a Conservative MP, as BHS, the retail chain he sold just a year ago for £1, goes into administration leaving a £571m hole in its pension fund. Richard Fuller MP, a member of parliament's ...and more »
(26-04-2016)

Retirement: what are the alternatives to annuities? - Hargreaves Lansdown

Hargreaves LansdownRetirement: what are the alternatives to annuities?Hargreaves LansdownPension Wise provides free impartial guidance on your retirement options face-to-face, online or over the phone - more on Pension Wise ». This article and our guides are not personal advice. We offer a range of information to help you plan your own ...and more »
(26-04-2016)

Lovestruck carer stole £7k from vulnerable man fund US trip to meet someone she met online - Mirror.co.uk

Mirror.co.ukLovestruck carer stole £7k from vulnerable man fund US trip to meet someone she met onlineMirror.co.ukBut instead of helping manage his money, the 44-year-old encouraged him to take out a loan and then pocketed the money for herself. Grey, of Kingswinford, stole more than £7,000 between April 2014 and March 2015, running up a large bill on a credit ...and more »
(26-04-2016)

Mortgage borrowing hits 8 year high thanks to surge in buy-to-let and second home buyers - This is Money

This is MoneyMortgage borrowing hits 8 year high thanks to surge in buy-to-let and second home buyersThis is MoneyA total of £17.1billion was borrowed for property purchases in March, a 64 per cent increase on a year earlier and the highest figure since April 2008, according to new figures from the British Bankers' Association. The average amount borrowed for a ...Mortgage borrowing surges as investors look to beat stamp duty hikeAOL Money UKBanks approve fewer mortgages as new tax weighsMoney MarketBBA: mortgage lending hits eight-year highFinancial Reporterall 22 news articles »
(26-04-2016)

Who is to blame for the junior doctors' strike – Jeremy Hunt, or the BMA? Have your say - Telegraph.co.uk

Telegraph.co.ukWho is to blame for the junior doctors' strike – Jeremy Hunt, or the BMA? Have your sayTelegraph.co.ukLike a rolling stone, it has gathered with it all manner of other considerations – about the pressure on A&E, the hospital funding crisis, the hours doctors work, and the way they feel they're being treated. 6:00PM .... My paper was obtained by Tony ...and more »
(26-04-2016)

James Kirkup: 'Junior doctors don't even know why they're striking.' Do you agree? Have your say - Telegraph.co.uk

Telegraph.co.ukJames Kirkup: 'Junior doctors don't even know why they're striking.' Do you agree? Have your sayTelegraph.co.ukIt is not and has never been about money. For a sign of how little doctors can be motivated to get excited about pay look at what happened when changes were made to pensions. This was a much larger pay cut in real terms than anything that is currently ...and more »
(26-04-2016)

Who is to blame for the junior doctors' strike – Jeremy Hunt, or the BMA? What readers said - Telegraph.co.uk

Telegraph.co.ukWho is to blame for the junior doctors' strike – Jeremy Hunt, or the BMA? What readers saidTelegraph.co.ukLike a rolling stone, it has gathered with it all manner of other considerations – about the pressure on A&E, the hospital funding crisis, the hours doctors work, and the way they feel they're being treated. 6:00PM .... My paper was obtained by Tony ...and more »
(26-04-2016)

Mortgage borrowing surges as investors look to beat stamp duty hike - AOL Money UK

AOL Money UKMortgage borrowing surges as investors look to beat stamp duty hikeAOL Money UKGross mortgage borrowing of £17.1 billion was recorded in March, marking a 64% increase compared with a year earlier as well as being the highest figure since April 2008, according to figures from the British Bankers' Association (BBA). The number of ...Banks approve fewer mortgages as new tax weighsMoney MarketBBA: mortgage lending hits eight-year highFinancial Reporterall 22 news articles »
(26-04-2016)

Should Lloyds Banking Group plc fear upstarts Metro Bank plc & Virgin Money Holdings (UK) plc? - Motley Fool UK

Should Lloyds Banking Group plc fear upstarts Metro Bank plc & Virgin Money Holdings (UK) plc?Motley Fool UKChallenger bank Virgin Money (LSE: VM) seems to have no problem growing fast and analysts expect this to continue for some time. Controlling 3.4% of domestic mortgages and 2.5% of the credit card market gives Virgin lots of room for high organic growth.and more »
(26-04-2016)

March 2016 UK BBA mortgage approvals report 45098 vs 46500 ex[ - ForexLive

ForexLiveMarch 2016 UK BBA mortgage approvals report 45098 vs 46500 ex[ForexLiveGross mortgage lending was up a chunk as people rushed to get deals done ahead of the increased stamp duty charges. Approvals dropped to their lowest since Dec. Spring is usually a strong time for housing so we'll have to see whether this is just a one ...and more »
(26-04-2016)
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