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UK house prices increase at fastest rate since 2004

House prices in April rose at the fastest rate since 2004 as the UK faces a potential sales “super-boom”, with buyers rushing to take advantage of the extension of the government’s stamp duty holiday. The average UK house price rose 2.1% in April compared with March, the biggest monthly rise recorded in 17 years, according …

People could be asked to watch educational video before investing

People looking to put money into higher-risk investments could be required to watch educational videos or pass an online test first, the City regulator has suggested. The Financial Conduct Authority said the current “risk warnings” on investments were often ignored by consumers, and it also floated the idea that people might have to disclose their …

Tell us: have you fallen victim to a delivery scam?

The move to online shopping together with confusion over customs charges after Brexit are providing new opportunities for scammers. Police, trading standards and delivery firms have all warned Britons of a surge in texts and emails claiming to be from Royal Mail and other couriers asking recipients to click on a link and input personal …

UK workers begin to come off furlough as consumer spending rises

Workers are beginning to come off furlough as a surge in spending by UK consumers allows businesses to start reopening after their long winter shutdown, according to the latest official snapshot of the economy. In its weekly digest of the latest indicators of activity, the Office for National Statistics (ONS) reported that the proportion of …

Royal Mint unveils giant £10,000 gold coin

The Royal Mint has produced a 10kg (22lb) gold coin, the biggest in its 1,100-year history. It took 400 hours to produce the coin – described by the Mint as a “masterwork” – including four days of polishing. The coin has already been sold. The Mint did not give details about the sale or buyer, …