BBC Business reports that Nationwide has reported a sharp fall in mortgage lending, mainly due to making fewer buy-to-let loans. More…
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The Independent reports that the US tech industry may be under threat due to policies by Donald Trump but many don’t see a future in the UK. More…
The Guardian reports that latest inflation figures due out this week forecast to show prices rising at 2.7% with pay remainin flat even as unemployment continues to fall. More…
The Telegraph reports that consumer spending fell for a third month running in July, highlighting how rising prices and a lack of pay rises are causing the public to tighten their purse strings. More….
The Guardian reports that the FCA is targeting unauthorised overdrafts and high-cost lending to people less likely to be able to pay off debt. The financial watchdog has announced fresh measures to protect consumers from spiralling debt as official data showed that borrowing through credit cards, overdrafts and car loans has […]
The Independent reports that former directors of defunct charity Kids Company face being disqualified from running or controlling any businesses for up to six years. The Government’s Insolvency Service said on Monday that it had written to the directors informing them that Business Secretary Greg Clark intends to bring proceedings to have them disqualified […]
The Telegraph reports that business investment is picking up at last after “a lost decade” across the globe, raising hopes that the rise in economic growth could be sustained. Capital expenditure by businesses worldwide is set to rise by 6pc this year, analysts at Standard and Poor’s believe, after falling by […]
Defaults on a file often mean lenders will say no – to anything from a mortgage to a mobile phone contract. So what can you do? The Guardian discusses how you can improve your credit score and tells the stories of some individuals who have suffered as a result of […]
The Insolvency Service have released a report on 2016 statistics. It states: The total insolvency rate increased for the first time since 2009, and increased in all regions of England and Wales between 2015 and 2016. The North East continued to have the highest insolvency rates, while London had the […]
The Independent reports that malpractice uncovered by the Financial Conduct Authority almost makes it seem as if the financial crisis never happened. More…..