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Debt Charity Calls For OFT Action On Payday Lenders
Citizens Advice have called for the OFT to take more action on payday lenders after the charity’s report found unscrupulous lending practices. In it’s report, Citizen Advice found evidence of...
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Financial Ombudsman Complaints Rises To 2 Million
Consumers are getting more knowledgeable about their rights which has led to a rise in the number of complaints made to the Financial Ombudsman. Over the past year there was 2 million complaints made...
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Payday Lenders Criticised By MPs
Payday lenders have been criticised by MPs for being able to get £450 million out of customers using extremely high interest fees. The Commons Public Accounts Committee blamed financial watchdogs and...
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Government Schemes Failing As Banks Cut Lending
Government schemes to help boost the economy are failing, according to a new report which has found banks have continued to cut lending. The first quarter of the year saw net lending fall £300m,...
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Consumer Spend Expected To Rise
Consumer spend in the UK has been predicted to increase over the coming years, as the economy improves and unemployment falls. According to the Ernst & Young Item Club report, consumer spend will...
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Why Responsible Lending Is So Important
One of the key things you need to be aware of when you’re borrowing money is responsible lending. In the UK, there are laws and regulations about who can lend money legally and what the specific...
View ArticleCan Living Wills Outline Patients’ Right To Die?
The law of England and Wales recognises a person’s right to live. But what about his right to die? Can a living will play a part in helping an individual end his life? What is a living will? A living...
View ArticleBudget 2014: Major Points
The budget announced yesterday by Chancellor George Osborne has been called one of the most far reaching in history because of the range of changes made. While many expected a bold budget, few expected...
View ArticleLack of Homes For Sale
There is a lack of homes for sale in the UK and prices will continue to rise until there is more, according to a leading housing body. The Royal Institution for Chartered Surveyors (Rics) believe the...
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