One million forced to sell their home to pay for care

iStock_000001293543_ExtraSmallNew research has shown the single biggest fear for many elderly people, having to sell their home to pay for the cost of care, has become an unpalatable reality for over one million families in the UK. The figures, from NFU Mutual, show 1.1 million families have been forced to sell their home to help meet the costs of long term care over the past five years; far higher than Government estimates of 40,000 per year....

Increased banking competition as Metro Bank expand branch network

After the announcement by Marks & Spencer that they will be opening banks in 50 of their high street stores Metro Bank have said they will be opening a further seven branches in the south east. The move by Metro Bank, along with those from Marks & Spencer and Tesco represents a step towards greater competition in the banking sector, which experts will hope benefits the consumer. Metro Bank says they have raised £126 million to fund their growth plans, which will initially include new branches in Reading, Brighton, Hemel Hempstead, Romford, Staines and Epsom. The bank plans to have over 200 ...

Marks & Spencer to launch high street bank

Marks & Spencer (M&S) has announced it will be launching a high street banking operation in the summer. The popular retailer has said that it will launch 50 branches, backed by HSBC, with the first one in its flagship Marble Arch store. The new venture, which will have meeting rooms and more informal seating than traditional counters, will employ 500 people by the end of 2013. Our advisers can help you make the right decision...