Lloyds Banking Group has set aside another £1.8 billion to deal with claims for mis-sold payment protection insurance (PPI), meaning the bill for its part in the scandal could top £10 billion.
Unemployment has fallen to 7.1% – within touching distance of the figure which will be used to decide whether interest rates will increase, official data has revealed.
Credit brokers are preying on cash-strapped borrowers by posing as payday lenders and charging unexpected fees for organising loans, according to evidence compiled by Citizens Advice.
People will be able to pay in a cheque by sending a smartphone image of it to their bank under Government proposals to bolster the long-term future of the payment method.
Hundreds of thousands of pensioners face being ripped off when investing in annuities unless rules are tightened urgently, an official advisory panel is warning.