6 h. ago UK's cheapest town for first time buyers is named with £84k homes

Getting on the property ladder can feel like an impossible feat for many, especially with sky-high mortgage rates. However, this charming little town could soon be called home for just £84,352

Economics

51 h. ago Man buys fully functioning house on Amazon for £30,000 – but there's a catch

With the property ladder beyond the reach of most people, one YouTuber claims to have purchased a life-sized flatpack dwelling from Amazon. So is it actually worth it?

Economics

53 h. ago 'I bought a house on Amazon for £30k but there was one massive issue'

A YouTuber has gone viral after buying a house from online retailer Amazon, leaving many wondering if this could be their chance to finally get on the property ladder

Economics

3 d. ago Financial regulator pledges ‘swift action’ to help people get on property ladder

The Financial Conduct Authority will take a look at simplifying the rules around getting a mortgage in a bid to help people struggling to get on the property ladder

Politics

5 d. ago Edinburgh law firm announces forum to drive innovation in financial services regulation

Edinburgh-based law firm Vialex has committed to support the launch of a RegTech Leadership Forum designed to boost collaboration and the adoption of regulatory technology in financial services and FinTech.

Economics

5 d. ago Taylor Wimpey to host First Time Buyer event in Bathgate this Sunday

With an Independent Mortgage Specialist available to provide free mortgage advice, it’s an ideal time for first-time buyers to explore how easy getting on the property ladder is.

Politics

5 d. ago Jeffrey Epstein used lobbyist to push for Jes Staley to be Barclays CEO, court told

‘Project Jes’ targeted high-level figures including George Osborne and Mervyn King, emails suggestJeffrey Epstein deployed a consultant to push for Jes Staley to become Barclays’ chief executive in 2012, a court was told on Tuesday, with the ultimately failed campaign – called “Project Jes” – having targeted high-profile figures including the chancellor George Osborne and the Bank of England governor Mervyn King.The campaign’s efforts were detailed as part of a landmark legal case launched by Staley against the UK regulator the Financial Conduct Authority (FCA). Staley is trying to overturn its 2023 decision to ban him from taking senior roles in the UK’s financial sector for having allegedly misled the regulator over the depth of his relationship with the convicted sex offender Epstein. Continue reading...

Events

2 w. ago Is Ed Miliband's net zero dream dying? Just one in six energy bosses think the world can achieve it by 2050

The stark fall in confidence revealed in a global survey for the energy sector sparked calls for ministers to slash regulation, provide more financial incentives and reform Britain's planning system.

Events

2 w. ago Warning issued to anyone who pays for things using their mobile phone

In a report published by the Financial Conduct Authority (FCA) and the Payment Systems Regulator (PSR), the number of card payments made using "digital wallets" such as Apple Pay and Google Pay has more than tripled in the past few years

Events

2 w. ago Does Pep Guardiola have drive to rebuild broken Manchester City?

The current iteration is done and manager must decide if he has the energy for exhausting process of reconstructionThere was some talk after Manchester City’s win against Newcastle United last Saturday that City’s players had been inspired, freed from their shackles and generally reinvigorated by the club’s recent legal victory in a tribunal hearing over certain time-specific aspects of financial regulation.Could this be true? Are we underestimating the effect of these things? Did the pitch mics at the Bernabéu pick up Nico González in the pre-match huddle saying: “Lads, we’ve all absorbed the news about the related third-party transaction rules being declared improper. I am as a consequence bang up for this.” Did the cameras detect Savinho whispering: “Guys, we are now free to seek our own definition of market value. This commercial potential is hugely energising. Hit me early over the top.” Continue reading...

Politics

2 w. ago There are many ways Trump could trigger a global collapse. Here’s how to survive if that happens | George Monbiot

It could be wildfires, a pandemic or a financial crisis. The super-rich will flee to their bunkers – the rest of us will have to fend for ourselvesThough we might find it hard to imagine, we cannot now rule it out: the possibility of systemic collapse in the United States. The degradation of federal government by Donald Trump and Elon Musk could trigger a series of converging and compounding crises, leading to social, financial and industrial failure.There are several possible mechanisms. Let’s start with an obvious one: their assault on financial regulation. Trump’s appointee to the US Consumer Financial Protection Bureau (CFPB), Russell Vought, has suspended all the agency’s activity, slashed its budget and could be pursuing Musk’s ambition to “delete” the bureau. The CFPB was established by Congress after the 2008 financial crisis, to protect people from the predatory activity that helped trigger the crash. The signal to the financial sector could not be clearer: “Fill your boots...

Politics