Apr 1, 2025 | Current Affairs
According to the latest official figures, more than one in five working-age adults in the UK is currently not working or actively seeking employment. Data from the Office for National Statistics (ONS) shows that the economic inactivity rate stood at 21.5% in the three...
Apr 1, 2025 | Current Affairs
Under new proposals from the Bank of England, UK savers could soon receive more protection for their money if their bank or building society collapses. The Bank’s regulatory arm, the Prudential Regulation Authority (PRA), has proposed raising the Financial Services...
Mar 25, 2025 | Current Affairs
The Financial Conduct Authority (FCA) is scrapping more than 100 pages of regulations covering consumer finance, investments, and mortgage lending. The move follows pressure from businesses and the Government to simplify the regulatory framework and lower compliance...
Mar 21, 2025 | Current Affairs
The Bank of England has held interest rates at 4.5%, warning that uncertainty around the global economy and trade has intensified. The decision was expected, with the Monetary Policy Committee voting 8-1 in favour. Governor Andrew Bailey said rates remain on a...
Mar 20, 2025 | Current Affairs
According to official figures, more than a fifth of UK working-age adults remain unemployed and are not actively seeking employment. The economic inactivity rate stood at 21.5% in the three months to January, down from the previous quarter and year. While relatively...
