The head of the Financial Conduct Authority has warned that a growing number of millennials are borrowing money to cover the basic cost of living. Andrew Bailey told the BBC that 18- to 34-year-olds were facing a growing debt burden...
Cryptocurrency Bitcoin has reached an all-time high of $5,186. The digital currency started off the year worth $966 and has increased in value by a massive 750 percent over the past year. Hedge fund manager, Michael Novogratz, believes the currency has the potential to hit...
John McDonnell will announce plans on Monday for a cap on interest payments, protecting those trapped in a spiral of credit card debt. Speaking in Brighton, McDonnell will say that those in debt should not have to pay back more...
JP Morgan (NYSE:JPM) boss Jamie Dimon has criticized Bitcoin (CURRENCY:BTC) as a "fraud", and only fit for use by drug dealers, murderers and "people living in places such as North Korea". At a banking conference in New York, Dimon stated that he...
Earlier this summer the Government introduced changes to pensions, bringing forward the state pension age to 68; it is said that this will result in 7 million people in their late 30s and early 40s losing around £10,000. This indicates a...