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UK government borrowing set to rise for third consecutive year

The pressure is on George Osborne ahead of next week's spending review

Underlying government borrowing still went up in May once the one-off receipts of £3.2bn from Swiss tax authorities is stripped out of the figures.

FSB: Osborne must capitalise on increased business confidence

The FSB is urging the chancellor to support small businesses

A new report by the Federation of Small Businesses says that while confidence amongst businesses is improving, the Chancellor must use the Spending Review to capitalise on this.

Ernst & Young ITEM Club predicts consumer spending revival

The ITEM Club predicts consumer spending will drive the economy forward

A new report from the Ernst & Young ITEM Club predicts that increased confidence, lower taxes and a growing property market will help drive forward consumer spending.

University of Northampton bans payday loan advertising

The NUS wants universities to ban payday loan firms from advertising on campus

The National Union of Students is urging all universities to follow the lead of Northampton and ban all payday loan firms from advertising on campus.

Rise in theft of bank cards as fraudsters return to basics

Fraudsters are targeting people at ATM's

A new report shows a trebling of incidences in which bank cards are stolen after identifying pin numbers as the introduction of chip-and-pin technology causes fraudsters to return to old methods.

Age UK warns of growing number of older people in problem debt

Lack of debt can mean a happier relationship, says Age UK

Age UK has published a new study warning of the increasing number of older people approaching retirement with problem debts that can lead to relationship breakdown.

Mortgage lending boom comes at expense of business lending

There has been a big fall in lending to businesses in April

The Bank of England report mortgage approvals went up to a 4-month high but business lending fell by £3 billion in April and consumer credit saw the smallest increase since January.

OFT "ineffective and timid" in controlling payday lenders

Margaret Hodge, Chair of the Public Accounts Committee

The Office of Fair Trading has been "ineffective and timid" in controlling the activities of payday lenders, according to MPs on the Public Accounts Committee.

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