Loans and Credit News

Woman warns of scam mail letters after losing £200k in 56 years

Scam letter warning

A woman from Surrey has appeared on a Surrey Council website to warn other residents over sending money to scam firms after spending over £200,000 in 56 years.

Bank lending to business shows "significant" improvement

The Bank of England reports a rise in both business and household lending

The lates quarterly Bank of England credit conditions report shows an increase in lending to households for mortgages and importantly for the rebalancing of the economy a rise in small business lending.

Think tank warns debt crisis will hurt millions

1.1 million people could be in "debt peril" if interest rates rise above 3%.

The Resolution Foundation predict that millions of UK households could face “perilous” levels of debt when interest rates begin to rise.

ONS upgrades UK economic growth for 2013

The UK economy grew by more than previously thought in 2013

Official figures show the UK economy grew by more than expected in the first half of 2013, with annualised growth of 1.9 per cent, up from 1.5 per cent.

HMRC underestimates Swiss tax collection target by £2.5bn

HMRC vowed to collect £3.12bn in unpaid tax in 2012, but has only received £440m.

HM Revenue and Customs (HMRC) has been accused of “losing its nerve” when chasing big, multinational companies for tax owed, according to Margaret Hodge, head of the Public Accounts Committee.

Ban payday loan adverts, urge MPs

Ofcom estimates that the average child watched 70 payday loans in 2012.

MPs call for a ban on payday loan advertising on children’s television or during their programmes, this comes after Ofcom research revealed how much they are exposed to the industry.

UK households more upbeat about finances

UK households are more optimistic about their finances as we head into 2014

The latest Markit household finance index suggests the improving economy is helping UK households feel more upbeat about their finances as we head into 2014.

UK economic output to reach new record high in 2014

The BCC expects the UK economy to grow by 2.7% in 2014

The British Chambers of Commerce predicts the UK economy will finally surpass its pre-recession peak in the second half of 2014 and that interest rates will go up in late 2015.

Debt inducing payday loans 'normalised' by TV adverts

The average child watched 70 payday loan adverts last year.

The payday loan industry has received fresh criticism after reports emerge about the amount of children watching their adverts.

OBR & IFS discredit Chancellor's claims on disposable income

The OBR says it is "inconceivable" that disposable income is going up

The Office for Budget Responsibility has joined the Institute for Fiscal Studies in disproving data presented by the George Osborne in his Autumn Statement on disposable incomes.

First | Previous | Showing 1 to 10 of 1126 | Next | Last


News By Topic

InsuranceMortgages SavingsInvestments PensionsCut Your Bills

Newsletter sign up


In addition to the weekly newsletter, which areas of finance would you like to hear from us about:

Tick this box if you would like us to send you promotions from carefully selected third parties.

By signing-up you agree to the terms of use and privacy policy.

sign-up button

Get the latest information on: