European banks hike international payment fees for British expats

Thousands of UK expats living in Europe face having to revamp their finances in the aftermath of Brexit as British banks close their current accounts and European ones hike the cost of sending money overseas. Customers of some of Britain’s biggest banks including Barclays, Lloyds and Nationwide Building Society living in Belgium, Italy, the Netherlands … Read more European banks hike international payment fees for British expats

European banks hike international payment fees for British expats

Thousands of UK expats living in Europe face having to revamp their finances in the aftermath of Brexit as British banks close their current accounts and European ones hike the cost of sending money overseas. Customers of some of Britain’s biggest banks including Barclays, Lloyds and Nationwide Building Society living in Belgium, Italy, the Netherlands … Read more European banks hike international payment fees for British expats

My late dad qualified for winter fuel payment – will it still be paid?

My late father qualified for winter fuel payment, so will it still be paid? Steve Webb explains the rules for help with heating bills By Steve Webb for This Is Money Published: 07:42 GMT, 11 January 2021 | Updated: 07:42 GMT, 11 January 2021 My dad passed away in November. He was entitled to the … Read more My late dad qualified for winter fuel payment – will it still be paid?

JEFF PRESTRIDGE: I fear end of cash as payment mechanism

JEFF PRESTRIDGE: Without prompt action, I fear the end of cash as a payment mechanism – and the death of communities nationwide By Jeff Prestridge for The Mail on Sunday Published: 21:52 GMT, 5 December 2020 | Updated: 21:52 GMT, 5 December 2020 How frustrating. A key announcement on recommendations to keep cash alive on … Read more JEFF PRESTRIDGE: I fear end of cash as payment mechanism

Payment firm Klarna hires Silicon Valley guru Moritz as its chairman

Controversial payment firm Klarna hires Silicon Valley guru Sir Michael Moritz as its chairman By Lucy White For The Daily Mail Published: 23:15 GMT, 1 December 2020 | Updated: 23:15 GMT, 1 December 2020 Swedish payments firm Klarna has appointed Sir Michael Moritz as its chairman Controversial payments firm Klarna has appointed a veteran investor … Read more Payment firm Klarna hires Silicon Valley guru Moritz as its chairman

Ticketmaster fined or losing customer payment card details

Ticketmaster fined £1.25m for losing payment card details of more than 1m British customers By Daily Mail City & Finance Reporter Published: 21:51 GMT, 13 November 2020 | Updated: 21:51 GMT, 13 November 2020 Ticketmaster has been fined £1.25m for losing the payment card details of more than 1m British customers.  The US-owned firm, which … Read more Ticketmaster fined or losing customer payment card details

Deferred payment arrangement for care fees was unsigned so must I pay?

I’m handling my late uncle’s estate and I’ve recently been made aware of a ‘deferred payment arrangement’ with his local council amounting to approximately £16,000. I asked for a copy of the DPA but it’s unsigned and I’ve also discovered that no legal charge was made by the council. The council has not formally asked … Read more Deferred payment arrangement for care fees was unsigned so must I pay?

Deferred payment arrangement for care fees was unsigned so must I pay?

I’m handling my late uncle’s estate and I’ve recently been made aware of a ‘deferred payment arrangement’ with his local council amounting to approximately £16,000. I asked for a copy of the DPA but it’s unsigned and I’ve also discovered that no legal charge was made by the council. The council has not formally asked … Read more Deferred payment arrangement for care fees was unsigned so must I pay?

Missed loan payment: Two million miss mortgage and loan repayments but could still get a mortgage

Families who have struggled with money at some point in the past three years have seen their finances disproportionately hard hit as a result of coronavirus.  Those who have a history of struggling to keep up with debt repayments are about 50 per cent more likely to have got further into debt as a result … Read more Missed loan payment: Two million miss mortgage and loan repayments but could still get a mortgage

Borrowers face ‘lender lottery’ as 323,000 payment freezes end soon

Hundreds of thousands of people still on breaks from their mortgages and unsecured debts face a potential ‘lender lottery’ from next month as blanket protections are removed. Banking body UK Finance said financially vulnerable people benefiting from 323,700 payment holidays across mortgages, credit cards and personal loans will be offered help ‘tailored to their individual … Read more Borrowers face ‘lender lottery’ as 323,000 payment freezes end soon