Debt adviser Sara Williams, who runs the Debt Camel blog, said: “In August 2020 the Financial Conduct Authority said prolonged relending can be harmful to borrowers. And the Financial Ombudsman has been upholding 75% of affordability complaints against Provident – I estimate the average refund is about £5,000 and many are over £10,000.
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Oil giant Shell warns cutting production ‘dangerous’
admin, , Business, 0
Claire Fyson, co-head of climate policy at Climate Analytics, a global science and policy institute, told the BBC: “The...
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Ban ‘confusing’ phone, TV and broadband price rises, says Ofcom
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Tristia Harrison, group chief executive of TalkTalk, said if Ofcom banned providers from linking in-contract price rises to inflation,...
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Cost of living: Energy bills forecast to hit £3,363 a year
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The energy price cap, which applies in England, Wales and Scotland, sets a limit on the amount that can...
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Tesco and Iceland bosses warn over Christmas supplies
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Asked if Brexit is responsible for the supply chain problems, Mr Walker responded: “I think so, but it’s a...
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Rishi Sunak’s wife to pay UK tax on overseas income
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“I think the question many people will be asking is whether it was ethical and whether it was right...
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Audit reforms aim to prevent accounting scandals
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Meanwhile, rules for small businesses will be relaxed as the government said they could be “forcing too many of...
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Amazon Prime Video content to start including ads next year
admin, , Business, 0
“It is slightly unusual for Amazon, which relentlessly positions itself as a customer-first company, to degrade a service it...
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Cineworld to shut down UK screens after Bond film delay
admin, , Business, 0
Image copyright Getty Images Cineworld is set to temporarily close its UK cinemas in the coming weeks. As first...
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