Finance

The average UK household spend reached the highest level since before the financial crisis as finances get squeezed "left, right and centre". UK households spent £554.20 per week in the year to the end of last March, according to new ONS data, marking a rise of £21.20 in real terms when compared with the previous year. Transport was the top spending category, with an average of £79.70 shelled out a week on transport between April 2016 and March 2017 – an...

2017 marked the year that the bitcoin finally entered the mainstream. If you’re the kind of early adopter who stays on top of the latest trading technology or the gradual shift away from standard currencies then you’ve been aware of the bitcoin and other digital currencies since they began to emerge shortly before 2010. This year, however, was the point at which bitcoins began to be discussed and considered by the kind of people who wouldn’t normally consider anything more...

Trading is often considered as the most sophisticated business in the whole world. You might all the money in the world but if you trade in the wrong way then you will lose all your trading capital. It’s like running the most complex business in this modern era. But this doesn’t mean that you will have trade the market with a very complex trading system to make money. If you know the right path then even with a simple trading...

You are already aware that CFDs are flexible and easy to trade. Due to the flexibility most of the people are interested in trading it but the problem most of the people who are interested in trading are new to the market. As they are new to the market they do not understand the way how the market works. If you consider the traders in the United Kingdom they are experts in trading because they have been learning the market....

Billions of pounds worth of compensation money is at stake because most Brits don’t know when the PPI claims deadline is, a financial specialist has claimed. More than 80 per cent of people in the UK are unaware they have just over a year left to claim for mis-sold payment protection insurance (PPI) before a looming cut-off date. Just 12 million people have claimed for the toxic financial product out of around 64 million policies sold, the authorities say. And...

Capital and revenue are the lifeblood of any modern small business, to ensure day to day continuity and in supporting growth and expansion plans. It’s for this reason that financial statement audits are crucial. Operating a small business in London is a continually challenging task with great responsibility, so there is a pressing need for effective management of resources and oversight. Financial audits not only act as a vital asset for highlighting problems and evaluating performance, but also for ensuring...

An addiction counselllor who invested half his life savings in Bitcoin after taking the advice of one his patients made so much cash - he can now retire. Savvy John Coats has been able to pay for his retirement plus holidays to Africa after putting £16,000 into the digital currency in 2013. The 66-year-old knew almost nothing about the cryptocurrency - which was at that time used mainly by criminals on the 'dark web'. But after a tip off from...

Politicians should take responsibility for the Paradise Papers rather than trying to score cynical political points, the boss of one of the world’s largest independent financial services organisations has said. Westminster has been engulfed in political mudslinging since the release of the damning financial data on Sunday, which implicated the queen amongst other high profile figures in significant offshore investments. But for high-profile politicians to complain and take the moral high ground when it is they who have the powers to...

Fears of Britain's exit from the EU is introducing a worrying investment setback as companies and investors keep stalling on investment plans so as not to be caught up in the uncertainty that continues to loom over the economy since the referendum, studies have revealed. Firms, manufacturers, and both domestic and international investors are either pulling back or pressing the pause button on already laid out investment plans. Some businesses are holding back on planning at all until the uncertainties...