The City watchdog has said potential mis-selling in the car finance industry is unlikely to mirror the lengthy PPI scandal, which led to banks paying…
View More Car finance mis-selling is not the next PPI scandal, says UK watchdogTag: Financial Conduct Authority
UK lender offers long-term mortgages that cut rates over time
A new lender is offering Dutch-style longer-term fixed mortgages where the interest rate comes down as the home loan is paid off. April Mortgages is…
View More UK lender offers long-term mortgages that cut rates over timeUK’s credit unions face uncertain future amid cost of living crisis
When 27-year-old Basil Lewis left the picturesque parish of Clarendon, Jamaica, famed for its spa, to start a new life in London in 1954, he…
View More UK’s credit unions face uncertain future amid cost of living crisisUK car finance: ‘millions of drivers could get payout’ as watchdog investigates
Millions of drivers could be in line for a payout, it has been claimed, after the UK financial watchdog opened an investigation into whether consumers…
View More UK car finance: ‘millions of drivers could get payout’ as watchdog investigatesUK banks will have to ensure access to cash within three miles, ministers say
High street banks will have to ensure customers can find access to cash within three miles of their local communities, and those falling below the…
View More UK banks will have to ensure access to cash within three miles, ministers sayUK banks shortchanging savers with ‘measly’ rates, says Which?
UK banks are paying savers “measly” rates on their cash even as the Bank of England has taken its base interest rate to the highest…
View More UK banks shortchanging savers with ‘measly’ rates, says Which?FCA urges UK banks to consider cutting mortgage payments for those struggling
The UK regulator has told banks to consider slashing mortgage payments for borrowers struggling with rising bills, as it revealed that 356,000 homeowners could be…
View More FCA urges UK banks to consider cutting mortgage payments for those strugglingScams: FCA blocks more than 10,000 ads from Instagram, Facebook and YouTube
More than 10,000 misleading financial promotions and scams aimed at consumers via social media sites such as Instagram, Facebook, YouTube and TikTok have been identified…
View More Scams: FCA blocks more than 10,000 ads from Instagram, Facebook and YouTubeDying hospice patient had NatWest account frozen after £250 fraud claim
A hospice patient was left with no access to his money after his bank froze his account because of a £250 debt he was too…
View More Dying hospice patient had NatWest account frozen after £250 fraud claimWhere will struggling households turn to after UK clampdown on payday lenders?
The South African-born entrepreneurs Errol Damelin and Jonty Hurwitz could not have predicted the impact they would have when they set out to disrupt the…
View More Where will struggling households turn to after UK clampdown on payday lenders?