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The Treasury

London Capital & Finance investors in line for up to £68,000 payout under new Government scheme - but they won't get back everything lost

Around 8,800 London Capital & Finance (LCF) investors are set to receive compensation of up to £68,000 under a new Government scheme, the Treasury has announced today.

19 April 2021

London Capital & Finance investors given compensation hope under new Government scheme

London Capital & Finance (LCF) investors have been given compensation hope after the announcement that HM Treasury will set up a scheme for those who lost money when the bond firm went bust. It comes as a damning report reveals the firm hadn't been effectively supervised by the financial watchdog

17 December 2020

Spending Review 2020: National living wage to increase by 2.2% this April

The national living wage will rise from £8.72 to £8.91 an hour and will be extended to workers aged 23 and over from April 2021, the Chancellor has announced

25 November 2020

Shoppers to be able to get cashback without buying anything under new proposals

Consumers would be able to get cashback from shops without making a purchase under new Government proposals, which are designed to protect access to cash

15 October 2020

Treasury Minister replies: 'Martin, I'll listen to your mortgage policy plans, but I've lines you can't cross'

The Economic Secretary to the Treasury has responded to news that MSE founder Martin Lewis is funding research to try to release 250,000 mortgage prisoners

2 March 2020

Millions in debt crisis to be helped by two-month 'breathing space'

New rules which will give people struggling with problem debt a grace period of 60 days to get their finances back under control are set to help millions, according to new estimates published by the Government

6 February 2020

Minister considering extending regulation to help mortgage prisoners

Treasury Minister John Glen has said that he is willing to consider extending the limits of the financial regulator's powers to help more 'mortgage prisoners' who are stuck on expensive deals with unregulated lenders and lenders that no longer offer new mortgages

28 January 2020

No new 1p or 2p coins produced last year

For the first time in decades, the Royal Mint didn't produce any new 1p or 2p coins in 2018

8 August 2019

Government to sell former Northern Rock mortgages

The Government has announced it is selling off 66,000 mortgages and unsecured loans originally held by NRAM, formerly part of failed lender Northern Rock

2 April 2019

Free sanitary products to be available in schools

Sanitary products will be made available for free in secondary schools and colleges in England, the Chancellor Philip Hammond has announced

13 March 2019