Inflation in the UK fell to 2.4 per cent in April after lower than expected fuel prices, figures from the Office for National Statistics have shown.
Just under a third of adults in the UK do not know how they will meet their financial needs later on in life or in retirement, research from National Savings and Investments has revealed.
Some borrowers with interest-only mortgages that are due to mature in the next seven years may not be able to fully repay their loan, a report by the Financial Conduct Authority (FCA) has warned.
The Government's 'radical reshaping' of the UK benefits system got underway today as Universal Credit began for jobseekers in the North-West of England.
Changes to insurance laws which came into effect this month are likely to benefit consumers and the way they make claims.