Richer households have built up savings faster than normal during the coronavirus crisis while poorer families have run them down or accumulated debts, according to the Institute for Fiscal Studies (IFS).
More current account customers have been ditching and switching their bank as cash incentives have sweetened the deals available.
Markets plunged into the red across the globe over concerns that rising coronavirus case numbers in the UK, mainland Europe and the US will damage the global economic recovery.
The property industry is calling for the current stamp duty holiday to be extended beyond next March, amid fears housing transactions could fall off a cliff edge.
Pensions dashboards – where people will be able to see all their retirement savings pots in one place – will not be ready until 2023.
Property giant Land Securities (Landsec) has poached Vanessa Simms from residential landlord Grainger as its next finance chief.
One in five people cherish their local pub more than ever before, a survey has found.
People have been left unable to buy basics such as groceries and medicine as a concerning problem with cash acceptance in the UK grows, according to Which?
Women earning an average UK salary could end up more than £70,000 worse off than men at retirement, figures suggest.
The home buying system is under pressure as around 140,000 more people are waiting to complete the process than this time last year, according to a report.
London’s markets tumbled as concerns over the worsening health crisis increased through the session, knocking the FTSE off course.
Experian has been ordered to make fundamental changes to how it handles people’s personal data in its direct marketing services.
Premier Inn owner Whitbread said the UK hotel market has been hit by local restrictions and instructions for workers to stay at home as it swung to a half-year loss.
One of the world’s biggest lenders has warned that record-low interest rates around the world could challenge the banking sector long term, as it set out to re-think its strategy.
BP has swung back to a profit in its most recent quarter, bouncing back from a multibillion- dollar loss and outperforming expectations as the price of oil started to recover.
Detached homes have piled more than £24,000 on to their value typically since around the start of the lockdown, analysis has found.
The FTSE 100 sank on Monday as already shaky European indices were pulled further into the mire by a poor start to US trading.
NatWest has introduced a gambling block feature on debit cards, giving customers who may suffer harm a 48-hour cooling-off period before they can make payments.
Insurance giant Aviva has been censured for a statement it made in 2018 that confused investors and sent shares plunging.
Savers can potentially earn more money by opting for ethical brands, analysis has found.
Recently floated online retailer The Hut Group (THG) has hiked its sales targets after demand surged by more than a third over the past three months.
Younger workers expect to retire around four years earlier typically than over-55s, a survey has found.
The long-time boss of one of the UK’s biggest high street pawnbrokers is set to step down at the end of the year after nearly a quarter of a century with the company.
Tool rental firm HSS Hire is aiming to raise millions of pounds before the end of the year to keep its lenders happy.
The Post Office has announced a £16 million investment that will result in it owning and operating around 1,400 free-to-use cash ATMs which will be fitted with the latest technology.
The prospect of lockdown measures being ratcheted up has not been mirrored by new spikes in supermarket spending, analysis suggests.
The FTSE made up some of its mid-week blues on Friday, to end the week on a high, as Britain’s biggest banks pulled the index up.
Britain’s two biggest oil companies are set to update shareholders next week amid a low oil price and a race to reduce emissions.
The hotel chain behind Holiday Inn has recovered a little in the last few months from the rock bottom its sites reached earlier this year.
Self-assessment taxpayers have 100 days left to complete their online returns before the January 31 2021 deadline.