Bankrupt consumers looking to open a new basic bank account will now only be able to open a Barclays account, after the Co-operative Bank decided to stop offering accounts to undischarged bankrupts.
Low-income families could be pushed further into financial difficulties and debt by a shift to monthly benefit payments under Iain Duncan Smith's welfare reforms, a think tank warned today.
A whopping £512 million was paid out to victims of payment protection insurance (PPI) mis-selling in July, the latest figures from the Financial Services Authority (FSA) reveal.
The Olympic Games delivered a boost to Britain's jobs market after official figures today showed another drop in unemployment as the part-time workforce soared.
Twice as many households in England could slice up to £600 off their energy bills each year, after changes to the Government's Warm Front scheme came into force today.
Lloyds TSB and MBNA are the worst of the major banks for wrongly dismissing complaints, new data published by the Financial Ombudsman Service reveals today.
11 September 2012
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