Personal Finance

Regulators are watching a price war in mortgages "like a hawk" and may need to impose stricter minimum capital requirements on lenders, Bank of England Deputy Governor Sam Woods said on Friday.
Britons could see a 6 billion pound cut in energy bills over five years from 2021, saving the average household 40 pounds per year, under plans to curb what gas and electricity network firms can pay shareholders.
British employers offered staff pay rises averaging 2.5% as part of wage settlements in the three months to April, industry data showed on Thursday, matching the trend seen earlier in 2019.
British inflation rose last month by less than the Bank of England and investors had expected, but still hit its highest level this year, pushed up by a rise in energy bills.
The British public's expectations for inflation over the coming year edged lower in May but remained unchanged for the next 5-10 years, a monthly survey showed on Wednesday.

Personal Finance

An experienced accountant fell for a scammer mirroring Metro Bank’s security and customer service
It was floated on London's junior market in 2016 at 70p a share. The stock shot up to more than £3 by April 2017, but has since drifted down to £1.61. This is unjustified and the shares should rebound.
Ever since Royal Mail was floated, the group has pinned its hopes on parcels and productivity. So far, those hopes have proved misplaced.
Figures show the challenger bank drew £3.8 billion from the BoE's Term Funding scheme, which was intended to boost affordable loans to families and businesses.

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