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Martin Beck, senior economic advisor to the EY ITEM Club, comments, “Total household borrowing rose by £2.9 billion in April, down from the £3.3 billion recorded in March and broadly in line with the average of £2.8 billion seen over the…

A new London office for Lebanese tech entrepreneurs, enabling them to use the UK as a springboard for global growth, has opened in the heart of Tech City in Shoreditch. The London office is the first overseas base of the new UK Lebanon…

UK consumers spent over £19,000 every second using their cards last year as the number of purchases surged by more than a tenth, according to a report, UK Card Payments 2015, published by The UK Cards Association. Total UK-issued debit,…

Greece has now missed its €1.5 billion (£1.1 billion) payment to the International Monetary Fund (IMF) following a decision from eurozone ministers to refuse to extend the country's bailout. The IMF officially confirmed this at 10pm GMT…

Data released by the Office for National Statistics (ONS) showed that the UK trade deficit narrowed in April to £1.2 billion from £3.1 billion in March. Contributing to the headline figure is a £8.6 billion deficit in the trade of goods,…

UK micro-businesses are owed over £16.9 billion by their customers, new research from Intuit QuickBooks, the global leader of online accounting software has found. Micro-businesses – with up to ten staff - account for 96% of all firms in…

The long process of compiling nominees, receiving votes and making short lists is over, and Finance Monthly magazine's 2015 Global Awards supplementary magazine is now live. Compiling the best in finance from all over the globe and in a…

The International Monetary Fund (IMF)’s chief Christine Lagarde has said that if Greece fails to make a payment instalment of €1.5 billion ($1.7 billion) on June 30 that there will be no further leeway or grace period. Today (Thursday 18…