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Friday 11 December 2009
A Scotland Yard worker has been sacked for abusing a new corporate credit card introduced to stamp out fraud.
Friday 20 November 2009
Suspended senior Scotland Yard officer Ali Dizaei was cleared today of misusing his corporate credit card.
Saturday 14 November 2009
Wednesday 11 November 2009
Faulty washing machines and toys feature prominently in customer complaints, but a sick horse is a new one on us. Nonetheless, the UK European Consumer Centre, which is two-years-old on Saturday, highlighted the case of a UK woman who was miffed at finding out that the £3,000 horse she bought from a Swedish trader suffering from a medical condition that prevented it from being ridden. The ECC's UK arm took up the case and a mediation body eventually ruled in her favour. The horse was sent back to the trader and the woman was reimbursed £3,000 plus damages. Neight a bad result.
Friday 28 August 2009
Outlook Here's a worrying straw in the wind from the credit card industry. American Express is to introduce a £20 charge for cardholders who haven't used their plastic during the previous 12 months (known as dormant accounts in the business). It's not unprecedented – Lloyds and Santander have similar fees – but it's another sign that all is not well in the credit card sector.
Saturday 22 August 2009
American Express (AMEX) has reduced the amount its Platinum Cashback card pays – it has been the market-leader for some time, so how does it fare now?
Friday 14 August 2009
A day-long street party has celebrated the 40th anniversary of the Beatles album cover everyone, but everyone, knows.
Saturday 01 August 2009
It's a common misconception that the benefit of a credit card to those who clear their balance each month, is that their money stays in their current account earning interest for a bit longer. There are, however, deals out there which enable you to earn money each time you use them – so effectively profit from your spending. This week we take a look at cashback credit cards.
Monday 20 July 2009
A debt-ridden anti-terrorist squad officer squandered thousands of pounds of taxpayers' cash in sex shops and on holidays and clothing, a court heard today.
Sunday 19 July 2009
Saturday 18 July 2009
Saturday 11 July 2009
The battle to encourage people to switch credit cards takes a new turn next week when Egg relaunches its premium plastic card with better rewards and benefits. The main attraction of the new Egg Money World MasterCard is 1 per cent cashback on all transactions. The main disadvantage is a hefty £1 a month charge for the privilege.
Sunday 28 June 2009
Marks & Spencer is hoping to tempt consumers with a new cashback reward on its personal loans. Customers who take out a loan before 11 August will be offered a refund of 10 per cent of the interest paid. M&S offers a typical rate of 8.7 per cent on a £10,000 loan over 36 month which, with the cashback, drops to the equivalent of 7.9 per cent.
Wednesday 10 June 2009
The US government will be repaid a third of the money it pumped into the country's teetering banks last year, after the Treasury department said 10 banks were strong enough to stand once again on their own two feet.
Tuesday 02 June 2009
JPMorgan Chase headed a new round of fundraising activity by US financial firms last night, saying it would sell $5bn (£3bn) in new shares to help repay the $25bn it borrowed from the federal government during last year's credit market panic.
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