Brothel-keeping and child porn among police officers’ crimes
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Friday 29 July 2011
The number of mortgage approvals in the UK hit a 13-month high last month, Bank of England figures showed today, but economists warned the market remains subdued.
Sunday 12 June 2011
Put the words "debt" and "free" into a search engine and you will come up with no fewer than 60,000 results most of which are are fee chargers. But from next year the debt management industry is going to find it a lot harder to suggest that its services are free in any respect.
Saturday 11 June 2011
Friday 03 June 2011
Question: Does a secured loan we took out on our house mean we can't put it up for sale? We really need to move for extra space but are worried we'll have to stay put until the loan is paid off, which is in about three years' time according to our repayment schedule. Our mortgage is about £145,000 on a two-bed home and the secured loan (with a different lender) is around £12,000
Joy Eviston, Newport
Thursday 02 June 2011
Further falls in house prices are predicted following more weak mortgage lending numbers from the Bank of England. The Bank yesterday reported that mortgage approvals for house purchases fell back to a four-month low of 45,166 in April after having edged slightly higher to 47,145 in March.
Tuesday 19 April 2011
Citigroup, the banking giant that twice had to be bailed out by the US taxpayer, recorded a $3bn profit in the first three months of 2011, but only because it was able to release $3.3bn previously set aside to cover bad loans. The improving prospects for payback on consumer loans accounted for $2bn of that figure.
Sunday 10 April 2011
Lenders are increasingly using a little-known clause in consumer credit legislation to squeeze money out of debtors.
Sunday 10 April 2011
The former chief executive of failed construction group Rok has taken on a new business, four months after the "nation's local builder" collapsed.
Saturday 09 April 2011
Saturday 09 April 2011
I was surprised to learn that there is a lack of choice and competition in the retail banking sector, according to the latest findings of the Treasury Committee.
Sunday 27 March 2011
There are times when the personal really is political, when the politics of nations seem to be replicated by what's happening in our own lives. Last week, Lord Wolfson, chairman of Next, warned his fellow British retailers that over the next few years they'll feel as if they're walking up the down escalator.
Friday 25 March 2011
The chief executive of Next has warned that household budgets face a £21bn hit from soaring inflation this year, which is likely to lead to a further deterioration in consumer spending and leave retailers feeling like "walking up the down escalator".
Tuesday 15 March 2011
Job losses and falling incomes look set to leave rising numbers of households unable to repay their debts, the Consumer Credit Counselling Service warns in a report today.
Saturday 05 March 2011
Dodgy debt-management firms and loan finders who prey on Britain's poorest families are the focus of the latest consumer super-complaint, lodged this week with the Office of Fair Trading by Citizens Advice. The charity says tens of thousands of borrowers who struggle to get credit at traditional lenders are being conned out of money by unscrupulous loan-finder and debt-management firms. Worse, the number will increase as the recession hits harder.
Tuesday 01 March 2011
The amount of consumer debt banks wrote off soared by nearly 25% during the final quarter of 2010, figures showed today.
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