- The Labour Party will announce a plan on Monday to scrap the stamp duty for first-time home buyers and give them the right to buy up to half of new homes built locally, as the party lays out its plan to tackle the country's housing crisis ahead of next month's election.
- The Bank of England will wait until early 2016 before raising interest rates, but with economic growth forecast to stay steady and inflation below target, even then it is a close call, according to a Reuters poll of economists.
LONDON - Rules making it easier for Britons to switch banks resulted in a 7 percent increase in the number of customers moving accounts in the last 12 months, the Payments Council said on Thursday.
LONDON - Bank of England policymakers struck a more bullish tone on the euro zone and the prospects for higher inflation in their latest set of policy minutes on Wednesday, pushing sterling higher, though a rate rise still appears some way off.
LONDON - New British lender Metro Bank said over 500,000 customer accounts had been opened at the bank, with customer deposits more than doubling over the past year and total lending rising by 90 percent.
LONDON - Consumers across the world are far more likely to switch banks than they were a year ago, with technological change having raised expectations of younger customers and provided more alternatives, a survey showed.
LONDON - Scotland would have to make "substantial" spending cuts or increase taxes if the Scottish National Party (SNP) gained full control of the country's finances after next month's general election, the Institute for Fiscal Studies said on Tuesday.
LONDON - Last weekend, London couple Vicki Clayton and James Renhard left behind cramped bedrooms that smelt of smoke, housemates who stole their food and a landlord who kept his deposit, and moved into a rented flat of their own.
LONDON - As Britain heads to national elections in May, high prices have reshaped the housing market, doubling the proportion of people who rent privately and dissuading many young people from saving for a home. Britain's main political parties have different policies to fix the problem:
LONDON - British car insurance premiums fell by 1 percent in the first quarter due to discounts on offer early in the year, roadside recovery service the AA said on Tuesday, following two quarters of price rises.
LONDON - Asking prices for homes on sale in England and Wales hit an all-time in the month to early April, pushed up by a fall in the number of properties on the market, property website Rightmove said on Monday.
LONDON - Prime Minister David Cameron said on Saturday that he would appoint a well-known pensions expert, Ros Altmann, as a financial services minister if he returns to power after next month's election.
LONDON - British peer-to-peer lender Funding Circle has raised $150 million from new investors, saying the funds would support growth plans aimed at establishing it as Britain's biggest net lender to small companies.