'Bankruptcy light' hits young people

29 December 2011

More people aged 25 to 34 are turning to a type of insolvency known as a debt relief order than any other age group

Rising number in rent arrears

29 December 2011

The number of people in rented accommodation who are in severe arrears has reached its highest level in three years

PPI compensation tops £1 billion for the year

21 December 2011

The Financial Services Authority has today revealed £268m was paid out in October, the highest month on record

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Banks to scrap bureau de change debit card fee

20 December 2011

A number of banks will stop charging debit card customers to take foreign currency in the UK

Risky lending targeted in tougher mortgage rules

19 December 2011

A shake-up of the mortgage market was unveiled today, aiming to prevent a return of irresponsible lending

Financial education debate: Government to consider compulsory money lessons

15 December 2011

MPs today called for financial education to be compulsory at a debate in the Commons. The Government said would listen

Noddle to offer free credit reports

15 December 2011

Consumers can now get permanently free access to their credit report, which can indicate likely acceptance for credit

Lloyds to sell branches to Co-op: what it means for you

15 December 2011

Lloyds Banking Group has revealed plans to sell 632 branches to the Co-operative Bank by November 2013

Ed Balls: Financial education should be compulsory in schools

15 December 2011

As MPs today debate compulsory financial education, the Shadow Chancellor says young people should be taught about money

MBNA to issue both Amex and Visa to airline credit card holders

15 December 2011

MBNA will issue many customers with two forms of plastic to maximise their chances of collecting points

Payday loans investigation to happen next year

14 December 2011

The Office of Fair Trading (OFT) is to carry out an investigation into the high cost credit industry in 2012

Price wars help push inflation down

13 December 2011

The Retail Prices Index rate of inflation fell to 5.2% last month, the Office for National Statistics says today

MPs' report calls for financial education in schools

12 December 2011

Money teaching is needed, says the All-Party Parliamentary Group on Financial Education for Young People

Base rate held and no further cash injection

8 December 2011

Interest rates have been kept at a record low of 0.5% while the quantitative easing programme remained at £275bn

MP renews call for cap on payday loan costs

7 December 2011

3.5 million Britons expect to need a payday loan to make ends meet in the next six months, new figures have revealed

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