The mass processing of personal data has resulted in a widening gulf between the cheapest and most expensive car and home insurance. Obtaining insurance at a reasonable price should be a universal right, but certain groups of people are being increasingly priced out of buying cover altogether. Insurers are scrutinising credit scores, occupations and even … Read more

Soaring prices will cause some members at the Bank of England to press for increased interest rates to control inflation, while others will state that now is not the time to do so. When the Bank’s Monetary Policy Committee (MPC) meets this week, there will be contrasting warning signs to consider as economic growth loses … Read more

If the demand for electric cars proves to be stronger than forecast, the UK may suffer a double whammy of reduced tax revenue and greater congestion. The Government will ban the sale of petrol and diesel vehicles by the end of the decade and cars will be cleaner and greener, enabling the UK to achieve … Read more

A mismatch between the skillsets of those needed and those losing jobs in the UK will continue unless the Government steps in after the furlough scheme ends, says the Resolution Foundation. According to a study by the leading thinktank, the UK’s shortage of lorry drivers and care staff is unlikely to be resolved by furloughed … Read more

Customers who were denied mortgages, left to fend off debt collectors and forced to turn to food banks after NatWest closed their accounts have won a series of compensation payouts. Consumers have won claims of up to £500 from the taxpayer-owned bank, which has been heavily criticised for its strict anti-money laundering ‘de-risking’ safeguards. They … Read more

As if we don’t have enough problems at the moment, roaming charges for using a mobile in the EU are threatening to make a comeback. Anyone planning a winter holiday in Europe this year should prepare to pay more to use their mobile phone while away, as roaming charges are due to make a very … Read more

As a glitch on a credit file could mean having to sign up to higher interest rates, all relevant agencies should be checked before applying for a mortgage. With Halifax launching a fixed-rate deal priced at 0.83pc last week, mortgage rates are at record lows, but these ultra-low rates are typically only available to those … Read more