UK Credit Cards in 2025: Balances Reached New Highs While Payments Fell March 16, 2026 Persistent affordability pressures push up average balances despite lower spending as consumers actively curtail discretionary expenditure
Brits remain in the dark over pension tax relief rate as deadline looms March 16, 2026 The countdown is on for the end of the tax year, but Brits are still in the dark over their pension tax relief, causing them to miss opportunities to boost their wealth. Almost nine in ten people do not know the rate of tax relief they receive on pension contributions, according to the latest research [...]
Alcohol-free beer and hummus: Trendy food transforms inflation basket March 16, 2026 Healthy food and personal security products have dominated the list of additions to the Office for National Statistics’ basket of goods, which is used to calculate CPI inflation each month. Alcohol-free beer, hummus and baby food are among the new entries in the inflation basket of goods, it has been revealed. The revisions to the [...]
Berkshire Hathaway Specialty Insurance Launches Surety Capabilities in Ireland, Names Sean Mulvey to Lead the Effort March 16, 2026 Berkshire Hathaway Specialty Insurance (BHSI) today announced that it is entering the surety market in Ireland and has appointed Sean Mulvey to lead the new product line as Head of Surety. “As we continue to expand our capabilities in Ireland, we are excited to provide surety bonding solutions to leading construction firms for major national [...]
Dragons Den star steps in to save Robert Dyas March 16, 2026 A former Dragons Den star has stepped in to “steady the ship” at a beloved high street hardware store as losses climb. Theo Paphitis, who owns a string of retailers, has installed himself as interim chief executive at Robert Dyas, as the home improvement and electrical appliance seller battles “testing times”. Paphitis bought the retailer [...]
London-based insuretech Loxa bags £2.7m to expand across Europe March 16, 2026 London-based insuretech Loxa has completed a £2.7m seed funding round to expand its embedded insurance platform across the European retail market. The firm secured the investment in three separate tranches from a group of angel investors and family offices. The Lazaroo-Hood Group led the backing with further support from the Angel Investment Network, FundMyPitch, and [...]
85% of Banks’ Corporate Clients Plan to Engage With a Non-Bank Financial Institution Within the Next Year as Competition With Private Capital Intensifies March 16, 2026 Banks look to bolster AI expertise with external hires (40%) as upskilling proves challenging Only 29% of IT budgets are currently directed to transformative technologies Corporate Investment Banks executives bet on tokenized products (51%) to improve performance
Labour told to scrap ‘arbitrary’ inheritance tax system March 15, 2026 The UK government is being urged to scrap the inheritance tax system following warnings that that it enforces the UK as a “high-tax outlier” and risks stifling investment and driving entrepreneurs abroad. A new report from the Institute of Economic Affairs (IEA) highlights that nearly half of the 38 OECD countries – where members are [...]
Older Brits avoid investing over fears of losing money March 13, 2026 Older Brits are swerving the stock market over fears of losing capital despite growing warnings that people are approaching retirement without sufficient funds. Baby Boomers and Gen X admitted that they avoided investing and kept money in savings accounts, claiming the potential risk of losing capital over rides boosting wealth, according to the latest survey [...]
Experian and OpenAI Launch the UK’s First Credit Score App Inside ChatGPT March 13, 2026 Combining the UK’s most trusted credit score with aggregated, anonymised data to give consumers contextual insights for better financial decisions This marks Experian’s latest step in promoting transparency and learning around credit scores, reinforcing its mission to “better your score, better your story” The new Experian Credit Score app is searchable in ChatGPT via @Experian UK