The dreaded fee to buy foreign currency in the UK on a debit card is slowly dying, after banks were forced to axe the charge following pressure from the Office of Fair Trading.
The motor insurance market is today facing an investigation by the Competition Commission after a report found the market was "dysfunctional" and may be pushing up premiums by £225 million a year.
Vulnerable borrowers could be better protected against payday loan companies, after lenders agreed to improve their codes of practice under Government pressure.
Payday lender Wonga has been ordered to stop aggressive debt collection tactics or face a £50,000 fine. In some cases it has accused debt-ridden customers of being fraudsters for paying late.
A record fine imposed on British Airways for colluding with rival Virgin Atlantic to raise fuel surcharges was today cut by more than half to £58.5 million.
150,000 homes which are not connected to the gas supply grid have been promised improved rights to enable them to switch liquefied petroleum gas (LPG) supplier.
9 April 2012
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