Provident Financial shares tumble as it reveals fresh watchdog probe and warns its doorstep lending arm could collapse after compensation claims jump FCA launches probe into ‘affordability and sustainability’ of loans handed out Provident is proposing £50m compensation scheme as complaints jump 200% Borrowers would receive ‘significantly’ less compensation under the scheme But if it’s … Read more
Survey warns British manufacturers facing their biggest profits squeeze since the financial crisis By Daily Mail City & Finance Reporter Published: 00:01 GMT, 15 March 2021 | Updated: 00:01 GMT, 15 March 2021 British manufacturers are facing their biggest profits squeeze since the financial crisis, a survey warns. Research by Insider Pro found that firms … Read more
Boss of scam police the Financial Ombudsman Service quits over 158,000 case logjam By Amelia Murray Money Mail Chief Reporter For The Daily Mail Published: 21:50 GMT, 10 March 2021 | Updated: 21:50 GMT, 10 March 2021 Backlog: Chief ombudsman Caroline Wayman announced her resignation yesterday The head of the Financial Ombudsman Service (FOS) has … Read more
Landlords demand Rishi Sunak provide MORE financial help for pubs in next week’s Budget and say current support is not enough Campaign for Pubs has written an open letter to the Chancellor with demands Demands include a 12-month extension to the 5 per cent reduced VAT rate It also urges the Government to waive 50% of … Read more
Landlords demand Rishi Sunak provides MORE financial help for pubs in next week’s Budget and say current support is not enough Campaign for Pubs has written an open letter to the Chancellor with demands Demands include a 12-month extension to the 5 per cent reduced VAT rate It also urges the Government to waive 50% of … Read more
Those who have experienced a financial shock linked to the coronavirus pandemic, such as a job loss or pay decrease, have seen their income drop by an average of £538 per month, new data suggests. This is equivalent to almost a full week of spending for the average household, according to ONS figures, research from … Read more
‘We’ve fallen through the cracks’: Bucks Fizz’s Cheryl Baker, 66, reveals lockdown has ‘hugely’ impacted her finances and she has been recording videos for fans for extra income By Sean O’grady For Mailonline Published: 09:57 GMT, 17 February 2021 | Updated: 10:03 GMT, 17 February 2021 Cheryl Baker has discussed her financial struggles during lockdown, … Read more
Investors could face higher bills after compensation bill for victims of mis-selling and collapsed firms tops £1bn By Rachel Rickard Straus For The Mail On Sunday Published: 11:46 GMT, 14 February 2021 | Updated: 11:46 GMT, 14 February 2021 Savers and investors face higher product and advice charges this year as a result of a … Read more
Financial misery stalks one in four households as the money problems facing millions during Covid-19 pandemic are revealed in new report Report by Financial Conduct Authority revealed extent of UK’s financial position Quarter of population would struggle with change such as £50 drop in income One in three households in the UK expect their income … Read more
Desperately worried about debt, you go online to find help. Only you are not signposted to the charities who offer free advice. Instead, you are bombarded with adverts and websites set up by insidious imposters looking to make money from your misery. They say they can write off almost all your debt in a few … Read more