Switching banks to be hassle free under new rules
Switching your current account will be much easier for UK customers in September after new rules come in to effect.
British employees stressed worrying about losing their jobs
British workers are now more worried now about their jobs their jobs than they have been since 1986 according to a report by UKCES (UK Commission for Employment and Skills).
Payday Loan Companies Failing To Check People Can Afford Loans
Payday lenders are failing to check that people can afford to repay the short term loans that they are giving…
Kerry Katona Payday Loan Television Ad Banned
A television advert promoting payday loans has been banned by the Advertising Standards Agency for being irresponsible. The advert features…
Payday lenders could have their licenses revoked
The Office of Fair Trading (OFT) has today warned that a handful of payday lenders could have their credit licenses revoked because of unacceptable and aggressive debt collection tactics.
The UK’s Poor Get Poorer as They Face Biggest Squeeze
The UK’s poorest families are the ones getting the biggest financial squeeze out of any household levels of wealth.
Payday Loan Company Offers Business Loans
Payday lending company Wonga.com has caused a commotion by launching a service that offers short term loans to British businesses.
11,000 Households claim more than £47,000 Equivalent Wage in benefits
Over 11,000 UK households are claiming more than £34,000 a year, which is the equivalent of higher rate taxpayer’s earnings of £47,000.
Unemployment Could Keep Climbing Until 2016
Unemployment will keep climbing for at least another five years in most of the UK according to forecasts by the CEBR think-tanks.
More Cash Machines have now 5 pound notes.
The amount of cash machines in the UK has grown my more than 10 times since 2010 following a campaign…