News
Reforms aim to help make consumer credit rules "fit for digital age
2+ hour, 19+ min ago (467+ words) 19 May 2026 2: 45 AM People who take out loans, credit cards or overdrafts are expected to benefit from clearer information under Government plans to make rules "fit for the digital age. Rather than working around rules designed for a world before smartphones…...
Federal Home Loan Mortgage: Reducing Risk and Costs While Advancing Efficiency
5+ hour, 25+ min ago (530+ words) Published on 05/18/2026 at 06: 48 pm EDT Freddie Mac delivers stability, liquidity and affordability to the nation's housing finance system, regardless of economic conditions. We do this by improving execution across the loan lifecycle-helping lenders manage risk, reduce friction and serve more…...
Average mortgage up nearly "350 a month since Iran conflict began
4+ hour, 29+ min ago (208+ words) The average UK mortgage is now costing borrowers up to "348 more per month compared with levels seen before the recent rate spike linked to tensions in the Middle East, new market analysis indicates. Lenders have repriced mortgage products sharply in…...
Mortgages up to "350 a month more than before Iran War
5+ hour, 12+ min ago (262+ words) Shocking figures from independent financial service Moneyfacts show that home owners with mortgages are paying up to "348 more per month than before the Iran War." Adam French, Head of Consumer Finance at Moneyfacts, says: "Higher mortgage rates are exposing big…...
Consumption program drives MOP560 million in first month
5+ hour, 30+ min ago (190+ words) According to the Economic and Technological Development Bureau (DSEDT), nearly 7 million electronic vouchers were distributed in the first four weeks of the "2026 Community Consumption Awards" program. In its first month, the program's electronic vouchers supported MOP3. 5 million transactions, marking a 4% increase…...
Major Halifax update as 'it could disappear from high streets"
10+ hour, 46+ min ago (496+ words) There are reports that the long-established brand could be consigned to history Mortgage brokers have lamented reports that the Lloyds Banking Group, which owns major banking and financial institutions such as Lloyds, Bank of Scotland, Halifax and Scottish Widows, is…...
Cost of Living in Lagos (2026 Practical Budget Guide)
10+ hour, 50+ min ago (799+ words) Lagos is the undisputed heartbeat of West Africa, a hyper-dynamic megacity built on hustle, enterprise, and infinite energy. It is where Nigeria's tech ecosystems, entertainment industries, and multinational corporations congregate. But this economic supremacy comes with a heavy caveat: Lagos…...
How Kiwis are Coping: Pensioners forgoing coffee, meat to keep budgets low
7+ hour, 44+ min ago (860+ words) As the cost of living climbs and Trump's war on Iran drives fuel costs sky-high, how are Kiwis coping? What are they doing without? How are they saving money? An RNZ series examines the ways it's impacting different groups. The…...
New Survey Links Debt to Stress and Spending Cuts | Money
5+ hour, 15+ min ago (746+ words) America has a growing debt problem: Outstanding balances are up, missed payments are climbing and high interest rates are making it all more unaffordable. The result? Some consumers are changing their lifestyle to deal with debt, adjusting how they spend…...
15 million across UK under-saving for retirement, warns Pensions Commission
13+ min ago (1558+ words) About 15 million people are thought to be under-saving for their retirement, according to the Pensions Commission, which said a fresh "national settlement" for pensions was needed. The commission published an interim report on the state of retirement saving in the…...