Government cracks down on crypto currency promotions

The British government is the latest country to strengthen rules around the advertising of crypto-assets as it aims to legislate against misleading promotions. In the same week that Spain issued stronger guidelines around cryptocurrency advertising and Singapore...

Retirement fundamentals

Every month, more than ten million people squirrel away some cash towards retirement. But are we saving enough to live comfortably in later life – and retire when we want? Surprisingly few people are able to answer that question. Although one in four aims to retire at...

Inflation at its highest for 30 years

Britain’s cost of living crisis worsened in December after inflation jumped to 5.4% – its highest level in almost 30 years – driven by the higher cost of clothes, food and footwear. Heaping further pressure on Bank of England policymakers to raise interest rates when...

Pizza buy now pay later raises debt concerns

Consumer finance company Zilch is getting flak for trying to encourage UK consumers to use buy now, pay later (BNPL) plans to buy cheap supermarket pizzas and other treats that fall outside the typical definition of BNPL purchases, the Financial Times reported. Zilch...

Wealth inequality rises

The ONS’s latest figures on what has been happening to wealth in Great Britain, released in January 2022, are already out of date, covering only the period up to March 2020, and therefore missing the effects of the pandemic. But they are also limited in another way:...

Inflation hits 7%

President Joe Biden has attempted to play down a new annual inflation reading of 7%, the highest level in 40 years, by branding it a ‘global’ issue that his administration is making ‘progress’ with. Persistent supply chain issues have left...