UK short term lenders have claimed that they are being tarnished unfairly by politicians who don’t understand the value of the services that they provide. The perceptions divide of payday loans by politicians and people who actually borrow money using the short term lending services is vastly different according to the Consumer Finance Association (CFA)…

The amount of cash machines dispensing £5 notes in the UK has grown my more than 10 times since 2010 following a campaign to increase the availability of the faithful fiver. Only 670 cash machines were dispensing £5 notes in 2009, that figure is now over 5000. The Bank of England set a target for…

The UK has slumped into a double dip recession for the first time since 1975 after the GDP fell by 0.2 per cent for the first quarter of 2012. Economists predicted that the GDP would grow by 0.1 per cent which didn’t match the figures released by the ONS. The UK’s GDP has to shrink…

The Chancellor George Osborne will know whether the UK has headed into a double dip recession when he enters the cabinet meeting this morning. The rest of the world will have to wait until 9:30 am on Wednesday to find out. First quarter figures will be announced on Wednesday by the Office for National Statistics…

British holidaymakers who are planning on taking a holiday in Europe have been advised to buy their euros now. The pound against the euro has hit a 20 month high price which could benefit Brits heading to Europe on their holidays. The exchange rate for sterling to euro transfers has risen 2.7% since the start…

Despite needing throat surgery the singer Adele has topped the Sunday Times Rich List for young British musicians having seen her wealth increase by £14 million to a whopping £20 million in just 12 months. The 23 year old artist who was born in London has had amazing success with her second album “21” which…

UK money savers are being offered the ability to possibly earn more money on their savings funds than keeping them stored in a bank by making some of that money available to companies to lend it to people borrow as payday loans. Peer to peer lending companies are becoming quite popular as demand for same day…