The new system of financial regulation must help consumers by promoting competition and better communication so it does not repeat the "shortcomings" of the Financial Services Authority (FSA), a committee of MPs said today.
Low income consumers are typically paying £174 a year on extra credit costs from high street lenders by building up charges as they juggle their finances, a report warns today.
There has been a "seismic collapse" of private sector pensions and fresh incentives are needed to boost retirement savings as auto-enrolment nears, a report warned today.
Nine out of 13 regions in the UK recorded a house price rise over 2011, in a year of contrasting fortunes ranging from a 5.4% increase in London to an 8.9% drop in Northern Ireland, mortgage lender Nationwide revealed today.
The "bleak" financial situation faced by the younger generation was laid bare today, as official figures showed that more people aged 25 to 34 are turning to a type of insolvency known as a debt relief order (DRO) than any other age group.
Many Sainsbury's customers are sweating over the contents of their Christmas dinner today after the supermarket admitted a website glitch led to a number of deliveries being cancelled.
Cheque guarantee cards will not be re-introduced, the body which oversees payments said yesterday, after finding the scheme's closure has had a "minimal impact" on consumers and businesses.
Government plans to cut financial incentives for solar electricity have created "huge economic uncertainty" and are "manifestly unlawful", the High Court was told today.
