You are here: Home - Saving & Banking - News -

60 second news round-up: the top money stories of the week

Written by: Adam Lewis
Missed this week's big money stories? Here's our one-minute summary of the key facts and figures from the last seven days.


The week began with the news that Neil Woodford, one of the country’s best known fund managers, has scrapped staff bonuses at his firm Woodford Investment Management. Meanwhile we published a guide outlining four strategies for investors who want to shut out the noise and be “hands off” but successful. For those a little less hands off, and who might be considering going back into emerging markets, we looked at the best opportunities ‘emerging’ in the region.

Household bills

There is now under a week to go until new TV licence rules come into force, if you are unaware of all the changes we explain all. Meanwhile as our reporter Paloma Kubiak prepares to tie the knot this weekend, she revealed the tricks she used to keep the costs as low as possible. Those who aren’t keeping costs low meanwhile are the 40% of Brits who, according to a survey, go over their text, call and data allowance every month.


A week doesn’t go by without any Brexit mentions and this week saw the news that property transactions were down following the EU Referendum result. The good news is that this was expected, and the fall was minimal. Indeed following the recent cut in UK interest rate it was announced that there has been a 55% spike in mortgage enquires. However hundreds of thousands of Northern Rock customers will not benefit from the Bank of England’s base rate cut, after part of the defunct lender’s loan book was sold on to a US private equity firm.

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Flight cancelled or delayed? Your rights explained

With no sign of the problems in UK aviation easing over the peak summer period, many will worry whether holida...

Rail strikes: Your travel and refund rights

Thousands of railway workers will strike across three days this week, grinding much of the transport system to...

How your monthly bills could rise as the base rate reaches 1.25%

The Bank of England has raised the base rate to 1.25% as predicted – the fifth consecutive rise in just six ...

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

DIY investors: 10 common mistakes to avoid

For those without the help and experience of an adviser, here are 10 common DIY investor mistakes to avoid.

Mortgage down-valuations: Tips to avoid pulling out of a house sale

Down-valuations are on the rise. So, what does it mean for home buyers, and what can you do?

Five tips for surviving a bear market mauling

The S&P 500 has slipped into bear market territory and for UK investors, the FTSE 250 is also on the edge. Her...

Money Tips of the Week