'Bankruptcy light' hits young people
29 December 2011More 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 2011The 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 2011The 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 2011A 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 2011A 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 2011MPs 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 2011Consumers 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 2011Lloyds 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 2011As 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 2011MBNA 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 2011The 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 2011The 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 2011Money 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 2011Interest 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 20113.5 million Britons expect to need a payday loan to make ends meet in the next six months, new figures have revealed





