£3,200 fines for shunning face masks: Payment of £100 will keep on doubling for repeat offenders

Repeatedly refusing to wear a face mask could lead to a fine of up to £3,200, Boris Johnson announced last night. At present those who do not cover their faces in shops or on public transport can be ordered to pay a penalty of £100 – or £50 if they pay within a fortnight. But … Read more

Lloyds suffers £600m loss and doles out 1.1m payment holidays

Lloyds Banking Group slumped to a pre-tax loss of £602million in the first half of the year, warning investors that the impact of the pandemic was more ‘profound’ and ‘much larger’ than it expected. The lender has set aside £3.8billion for a spate of bad debts expected once furloughing ends, more mass job cuts emerge … Read more

Barclays and Santander say 677k borrowers took payment holidays

Hundreds of thousands of customers of Barclays and Santander have taken payment holidays on credit cards, personal loans and mortgages, the banks revealed in results today. At the same time, official figures from the Bank of England show households have cleared billions of pounds of debt over the last few months. Britain’s third-largest mortgage lender … Read more

Woodford investors to get third payment next month

Investors in Neil Woodford’s former flagship Equity Income fund will receive their third payout next month By Daily Mail City & Finance Reporter Published: 22:27 BST, 29 July 2020 | Updated: 22:57 BST, 29 July 2020 Investors in Neil Woodford’s former flagship Equity Income fund will receive their third payout next month.  Link Fund Solutions, … Read more

Barclays and Santander reveal 677,000 borrowers have taken payment holidays

Hundreds of thousands of customers of Barclays and Santander have taken payment holidays on credit cards, personal loans and mortgages, the banks revealed in results today. At the same time, official figures from the Bank of England show households have cleared billions of pounds of debt over the last few months. Britain’s third-largest mortgage lender … Read more

Dental plan customers face lottery on payment breaks and refunds

Two million dental plan customers face lottery on securing payment breaks and refunds By Fiona Parker For The Daily Mail Published: 22:00 BST, 7 July 2020 | Updated: 22:00 BST, 7 July 2020 More than two million dental patients face a lottery on securing payment breaks. Denplan allows customers to choose a dentist and spread … Read more

Apple lets developers appeal App Store guidelines after public payment dispute with email app Hey

Apple will now let developers appeal App Store guidelines after public payment dispute with email app Hey Developers can now appeal alleged violations of App Store guidelines Apple says it will no longer withhold software updates as punishments The decision comes after a public dispute with email app, Hey   By James Pero For Dailymail.com Published: … Read more

Credit card and loan payment holidays extended for three more months

Credit card and loan borrowers can freeze repayments for three more months, but regulator says they should pay a reduced amount if possible The FCA brought in new unsecured debt proposals It announced a three-month extension to payment holidays Watchdog also says overdraft borrowers could have a £500 fee-free buffer for three more months – … Read more

Credit card and loan payment holidays extended for three more months

Credit card and loan borrowers can freeze repayments for three more months, but regulator says they should pay a reduced amount if possible The FCA brought in new unsecured debt proposals It announced a three-month extension to payment holidays Watchdog also says overdraft borrowers could have a £500 fee-free buffer for three more months – … Read more

Hot tub scams: Watch out for dodgy listings and payment requests

Hot tub crime machine: Purchase scams involving plug-in pools up 400% as crooks take advantage of sunshine loving Britons Hot tub sales have surged since the lockdown as Britons splash out on luxuries NatWest said purchase scams went up five-fold between April and May Hot tubs involved in third-most purchase scams after Nintendo Switch and … Read more