The Latest from our blog

Banks are underestimating the rise of consumer credit and risking another financial crisis, according to the Governor of the Bank of England. Mark Carney has warned that ‘undue weight’ is being placed on the recent performance of loans sold by the banks, and whilst total lending is not getting out of hand consumer credit is still growing at a rate of over 10% per year.
10 August 2017

Banks are underestimating the rise of consumer credit and risking another financial crisis, according to the Governor of the Bank of England.

Mark Carney has warned that ‘undue weight’ is being placed on the recent performance of loans sold by the banks, and whilst total lending is not getting out of hand... Read more

Packaged Bank Accounts (PBA) are the ‘marmite of banking’ according to consumer champion Martin Lewis, so is your fee-paying account right for you? It is estimated that over 9 million of these accounts are currently open in the UK, but tens of thousands have complained over the way they were sold.
8 August 2017

Packaged Bank Accounts (PBA) are the ‘marmite of banking’ according to consumer champion Martin Lewis, so is your fee-paying account right for you?

It is estimated that over 9... Read more

Barclays and four of its former senior figures are facing criminal charges for fraud over their behaviour during the financial crisis. It represents the first time that any bank or its officials have faced criminal proceedings almost a decade on from the crash which saw some banks being bailed out by the taxpayer.
3 August 2017

Barclays and four of its former senior figures are facing criminal charges for fraud over their behaviour during the financial crisis.

It represents the first time that any bank or its officials have faced criminal proceedings almost a decade on from the crash which saw some banks being bailed out by the taxpayer.

The charges relate to... Read more

Millions of consumers fighting to reclaim mis-sold Payment Protection Insurance (PPI) are being joined by business owners who were also duped by their banks. Two new cases highlighted in The Times has shown just some of the ways in which companies were convinced to take on PPI when they did not need it or could not use it.
1 August 2017

Millions of consumers fighting to reclaim mis-sold Payment Protection Insurance (PPI) are being joined by business owners who were also duped by their banks.

Two new cases highlighted in The Times has shown just some of the ways in which companies were convinced to take on PPI when they did not need it or could not... Read more

Senior figures at the Financial Ombudsman Service (FOS) have admitted they ‘cannot be sure’ how many more people will complain about mis-sold Payment Protection Insurance (PPI) despite the announcement of a claims deadline. Speaking in their 2016/17 annual review, key personnel at the consumer service stated there is still uncertainty over the scandal even though the Financial Conduct Authority (FCA) has confirmed all claims must be submitted by August 2019.
27 July 2017

Senior figures at the Financial Ombudsman Service (FOS) have admitted they ‘cannot be sure’ how many more people will complain about mis-sold Payment Protection Insurance (PPI) despite the announcement of a claims deadline.

Speaking in their 2016/17 annual review, key personnel at the consumer... Read more

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