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.

The savings accounts paying the most interest

It’s time to get your finances in shape, and moving your cash savings to a higher paying deal is a good plac...

Everything you need to know about being furloughed

Few people had heard of ‘furlough’ before March 2020, but the coronavirus pandemic thrust the idea of bein...

The experts’ guide to sorting out your personal finances in 2021

From opting to ‘low spend’ months to imposing your own ‘cooling-off period’, industry experts reveal t...

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.

Having a baby and your finances: seven top tips

We’re guessing the Duchess of Cambridge won’t be fretting about maternity pay or whether she’ll still be...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co...

Money Tips of the Week