Norwich and Peterborough Building Society (N&P) has this week been taken over by Yorkshire Building Society (YBS), which means big changes for many of its 420,000 customers.
Young Britons are being saddled with debt but are unlikely to build up assets in the same way as previous generations, a report commissioned by debt advice charity the Consumer Credit Counselling Service (CCCS) found today.
Thousands of homeowners with interest-only mortgages may be stuck on their existing deal when their introductory offer ends, paying far more each month in future.