Monthly Archives: July 2010
Ground-Breaking divorce ruling on hidden money
Protection previously afforded to thousands of people in divorce proceedings has been removed following a landmark Court of Appeal judgement.
Until now a husband or wife who came across information showing their partner was hiding money could...
Metro bank opens in the UK
Britains first bank for more than 100 years has opened it’s doors.
Metro Bank says it will emphasise good customer service, including long opening hours seven days a week.
The bank will open 10 more stores in the next two years, and...
Lloyds Banking Group stops selling PPI
Lloyds Banking Group has stopped selling payment protection insurance (PPI) to customers who borrow money.
It is the first bank to respond in this way to long-running criticism of the policies and the way they have sometimes been mis-sold.
PPI...
Nearly £2 million in counterfeit coins returned to the Royal Mint
Nearly two million counterfeit £1 coins were returned to the Royal Mint in the last financial year, figures show.
This was more than 23 times higher than the number seized six years earlier, MPs were told.
An estimated one in 36 £1 coins in...
Radical Welfare changes announced.
All out-of-work benefits and tax credits could be scrapped and replaced with a single payment in a “radical” shake-up of the welfare system.
The idea is one of several options being considered by Work and Pensions Secretary Iain...
When times are hard, be careful where you look…
Sometime borrowing a little extra money is unavoidable but it should never leave you out of pocket. There are some forms of credit that just aren’t worth it.
With Credit still being tight for most people in the UK, there are certain lenders...
Former shareholders of Bradford & Bingley should not get any compensation
An independent valuer has said that Bradford & Bingley shareholders should not get any compensation after the troubled business was split and sold.
The bank was split into good and bad partners in the aftermath of the banking crisis with...
Pensioners unlocking Equity to pay off debts
Some pensioners are unlocking equity from homes as a last resort to pay off debts a report has found. Some pensioners are using the money to try and make retirement more comfortable and some are using the money to lend family money.
Age UK...
Online Holiday Scams Warning
A growing number of scams are targeting holidaymakers who book their trips on the internet, prompting a safety campaign.
Some websites masquerade as genuine travel operators in an attempt to gather people’s credit card details.
Others...
Is Your Credit stopping you upgrade your Car?
Sub-Prime Car finance
If you need a car then ACF Car finance could help. You’ll receive a choice of quality cards all prepared to the highest company standards. The car finance will be arranged to suit your individual circumstances and...
TATE & LYLE Sell Sugar business
Tate & Lyle has announced a deal to sell its sugar business to American Sugar Refining for £211m in cash.
The group said the proceeds of the deal, which was widely expected, would be used to reduce its net debt levels.
It said the company...
