MoneySavingExpert News
February 2021
Two Ryanair television adverts have been banned after the advertising watchdog ruled they made misleading and irresponsible claims about the coronavirus pandemic. The ads stated that coronavirus vaccines were 'coming soon' and encouraged wannabe holidaymakers to 'jab and go' on Easter and summer trips.
3 February 2021
The Financial Conduct Authority's former interim chief executive Christopher Woolard CBE (pictured above) sets out his findings on buy now, pay later products, how credit is changing and what needs to happen next. It comes as Mr Woolard’s report on consumer credit, which was commissioned by the regulator and published today, recommends the buy now, pay later sector is regulated. Below is what Mr Woolard has to say in his own words. Views do not necessarily reflect those of MoneySavingExpert.com.
2 February 2021
Buy now, pay later firms, including the likes of Klarna and Clearpay, are to be regulated – and all shoppers will face affordability checks before taking out this type of credit. The shake-up also means borrowers with complaints will be able to take cases to the Financial Ombudsman Service.
2 February 2021
Around 1.8 million taxpayers who need to complete an online self-assessment return missed the 31 January deadline, new HMRC figures show. If that's you, the good news is you'll be spared the usual £100 late-filing fine if you do it by 28 February - but if you've failed to pay any outstanding tax on time, you will still be charged interest from 1 February, so settle your account as soon as possible.
1 February 2021
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