June 2016

BHS will be holding 'closing sales' over the coming weeks following confirmation today that the high-street institution is to be wound down.

A company has been fined almost £2.4 million after "serious failings" with its PPI complaints handling process meant customers initially missed out on more than £70 million in compensation.

Mobile phone users should now be able to dodge irritating cold calls for free by texting the second opt-out number the Telephone Preference Service has launched in a week, after it emerged some were being charged to text the first number. While some users may receive a warning message stating the new number isn't free, the TPS assures us that no charge will be made.

Users of the Topcashback website have less than two months to swap their earnings for Tesco Clubcard points before the payout option is withdrawn, amid wide-ranging changes to the supermarket's loyalty scheme.

Efforts towards improving the money management skills of people across the UK have received a multi-million pound cash injection – with money going to organisations that help improve people's 'financial capability'.