Payday Loan Companies Surrender Consumer Credit Licences
Two payday loan companies have been forced to surrender their consumer credit licences after a crackdown on payday lenders by…
Finance
British Banks Won’t Increase Business Lending to Meet Demand
British banks have said that they do not expect to increase the amount of lending available to businesses in the…
One in Four Britons Sacrifice Spending to Stay in Homes
The rising rate of rent in the UK is forcing many Britons to start making major sacrifices in order to…
TUC Says UK Worst for Wage Growth
It’s been no surprise that workers in the UK have had their wages cut in real terms since the financial…
Two Banks Massively Increase the Interest Rates on their Mortgages
The Bank of Ireland and Bristol & West have both jumped the rate of interest on their tracker mortgages by…
MPC Clashes Over Further QE
The minutes from the Monetary Policy Committee’s (MPC) latest meeting show that there is a more sizable portion of the…
Pay Day Lenders Prove Better Value than Overdrafts
An investigation by journalists has revealed that some banks are charging insane rates for overdrafts on their accounts, resulting in…
Amount of Debt Taken into Retirement Drops
The amount of debt that people will carry into their retirement this year has fallen compared to last year’s figure,…
PPI claims in 2013 could top £6 billion
Both banks and those involved in the claims industry have said that 2013 is likely to see more than £6…
Many Britons Look to Recover from Christmas Splurges
With the festive season over, many Britons will be looking at their bank balances and wondering if they may have…