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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Business leaders call for a post-Covid economic roadmap
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In a letter to Mr Kwarteng, CBI director-general Tony Danker, writes: “With health teams rightly in crisis management mode,...
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House price rise since first lockdown revealed
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Sarah Coles, senior personal finance analyst at Hargreaves Lansdown, said: “While homeowners might feel better off on paper, for...
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Boeing boss to leave as firm faces safety crisis
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Michael Stumo, whose daughter Samya Rose was killed in the 2019 Boeing 737 Max crash in Ethiopia, called the...
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Next cuts sick pay for unvaccinated staff forced to self-isolate
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Beth Hale, partner at employment law firm C M Murray, said claims of direct discrimination due to this kind...
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Budget 2024: When it is and what will it mean for my money?
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But it was a shallow recession, meaning economic output did not suffer a sharp, deep fall, which would have...
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HMRC will close tax helpline for half the year
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Angela MacDonald, HMRC’s deputy chief executive, said: “Changing our services to encourage customers to self-serve online wherever possible will...
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Elon Musk lines up $7bn backing for Twitter deal
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Qatar Holding, a sovereign wealth fund, is contributing $375m, while Saudi Arabian investor Prince Alwaleed bin Talal, who had...
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Three ways to win the rental property race
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If you have exhausted your time trying to find a rental in your perfect area try thinking outside the...
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