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BBC NewsWhat keeps the chancellor awake at night?BBC NewsLike credit card providers or payday loans companies, they are called shadow banks. They look like a bank, lend like a bank but are not regulated like a bank, and Andy and millions like him use them all the time. The concern is, though, that by pumping ...and more »
ReutersMortgage sales help UK bad bank repay 75% of debt to govtFinancial TimesUK Asset Resolution, which was set up in 2010 to take on the loans of failed lenders Bradford & Bingley and Northern Rock, reduced its balance sheet by £13.2bn in the six months to the end of September, according to its latest results. The sale of ...Britain's 'bad bank' to complete Bradford & Bingley loan sales next yearReutersall 4 news articles »
PYMNTS.comIn The UK, Cash And Contactless Are Vying To Stay On TopPYMNTS.comIn fact, some of the competition cash faces in the U.K. today has come with the growth of contactless payments. Initially, when contactless payments were introduced, consumers used them in place of traditional debit or credit cards rather than cash ...and more »
U.S. News & World ReportUK Consumer Sentiment Sinks to 16-Month Low, House Prices WeakU.S. News & World ReportA woman holds a Union Flag shopping bag in London, Britain April 23, 2016. REUTERS/Kevin Coombs/File Photo Reuters. By David Milliken and William Schomberg. LONDON (Reuters) - British consumers, the main drivers of the economy, are their least ...and more »
This is MoneyDeath of the airline credit card? As MBNA scraps EIGHT rewards cards, here's the best you can still getThis is MoneyMBNA has withdrawn eight of its airline rewards credit cards, including its Virgin Atlantic, Emirates and American Airlines cards, leaving slim pickings for anyone looking to use their credit card spending to earn free flights and ticket upgrades. The ...
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The TalkTalk hackers and the most chillingly plausible phone scam of all: How ... - Daily Mail

Daily MailThe TalkTalk hackers and the most chillingly plausible phone scam of all: How ...Daily MailHer story will be sadly familiar to thousands of customers coping with the aftermath of a major cyber assault on Britain's fourth biggest broadband company, in which a vast trove of personal data was stolen. After her name, landline and ... Her credit ...
(06-11-2015)

TalkTalk boss is blasted by rival as company reveals that nearly 157000 ... - This is Money

This is MoneyTalkTalk boss is blasted by rival as company reveals that nearly 157000 ...This is MoneyTalkTalk's latest announcement said 156,959 customers' bank account numbers and sort codes were accessed, as well as 28,000 obscured credit and debit card numbers. The card information was scrambled and could not be used to financially injure those ...Website attack affecting our customers | TalkTalk HelpTalkTalk HelpCyber Attack update – Friday November 06th 2015 - TalkTalk Telecom Group PLCTalkTalkall 203 news articles »
(06-11-2015)

Tax credits, pensions and the generation game - BBC News

BBC NewsTax credits, pensions and the generation gameBBC NewsWhen it comes to pocket money and treats for her three children, cash-strapped single mum Leza Brumbill has to turn to her parents for financial help. The 44-year-old, who lives near Southampton, also says holidays would be out of reach were it not for ...
(06-11-2015)

How to get a mortgage if you're over 65 - The Independent

The IndependentHow to get a mortgage if you're over 65The Independent"They all told me that because I'm 78 they can't lend me money. One society said it was government legislation at least two years ago. I think I've read that this is a misinterpretation?" There was legislation and it has affected all borrowers. The ...and more »
(06-11-2015)

Credit card profits: Lenders don't help borrowers who make minimum payments ... - The Independent

The IndependentCredit card profits: Lenders don't help borrowers who make minimum payments ...The IndependentCredit card companies make money each time you use the card and make money on the interest they charge you if you don't pay the outstanding balance off the card each month. The idea of helping people get back on a firmer financial footing is anathema ...
(06-11-2015)

George Osborne in conflict with Iain Duncan Smith over universal credit - The Guardian

The GuardianGeorge Osborne in conflict with Iain Duncan Smith over universal creditThe GuardianDuncan Smith is particularly irked by Osborne's proposal because the Treasury has upped the universal credit taper rate once before as a money-saving exercise. Originally it was intended to ... Osborne and Duncan Smith have had a strained relationship ...and more »
(06-11-2015)

Questions of Cash: BT bills show charges for international calls have suddenly ... - The Independent

The IndependentQuestions of Cash: BT bills show charges for international calls have suddenly ...The IndependentIndeed, it is impossible to understand why a SIM card used in a burglar alarm would be deliberately subscribed to a premium-rate service. These charges depleted your prepaid credit on the SIM card in the alarm, requiring you to top it up. After we ...
(06-11-2015)

Your personal details could be for sale online for as little as 33p, ITV News ... - ITV News

ITV NewsYour personal details could be for sale online for as little as 33p, ITV News ...ITV NewsHundreds of thousands of British people have had personal details stolen and put up for sale online - so many, in fact, they can be bought for as little as 33p, an ITV News investigation has revealed. A former hacker took ITV News consumer editor Chris ...
(06-11-2015)

Square Inc IPO to value payments startup at up to $4.2 billion - Reuters UK

Reuters UKSquare Inc IPO to value payments startup at up to $4.2 billionReuters UKStartups such as Square and Stripe have given industry leaders such as PayPal Holdings Inc a run for their money and seized market share in the hotly contested payments processing market. Tech giant Apple Inc unveiled its own ... Square, which started ...and more »
(06-11-2015)

'DVLA won't refund my £180 car tax' - Telegraph.co.uk

Telegraph.co.uk'DVLA won't refund my £180 car tax'Telegraph.co.ukYou filled in all the forms required to reclaim your money for the first car. DVLA wrote, “We will automatically issue you with a refund of vehicle tax for any remaining months you have paid and cancel any direct debit. Any refund will be sent to the ...
(06-11-2015)

TalkTalk investors cheer latest hack details - The Week UK

The Week UKTalkTalk investors cheer latest hack detailsThe Week UKHackers acquired the credit and debit card numbers of 28,000 customers, the Daily Telegraph adds, but these were said to have been "obscured" and "orphaned" from the accounts to which they relate and so "cannot be used for financial transactions". The ...TalkTalk boss is blasted by rival as company reveals that nearly 157000 ...This is MoneyTalkTalk says nearly 157000 customers had details compromisedAOL Money UKWebsite attack affecting our customers | TalkTalk HelpTalkTalk HelpTalkTalkall 202 news articles »
(06-11-2015)

Scottish Mortgage doubles bet on 'unicorn' start-ups - Citywire.co.uk

Scottish Mortgage doubles bet on 'unicorn' start-upsCitywire.co.ukAnalysts played down the danger, though, saying that as a 'closed-end' investment trust Scottish Mortgage did not have the liquidity pressures of 'open-ended' funds which sometimes have to sell stocks if a large number of investors want to sell out ...and more »
(06-11-2015)

Inside the Very Charmed World of British Noble Annabel Astor - Vanity Fair

Vanity FairInside the Very Charmed World of British Noble Annabel AstorVanity Fair'This sofa we're sitting on—the springs are all gone—is my grandmother Lady Clifford's sofa,” says Annabel Astor, the high-born, well-connected co-founder and executive vice-chairman of OKA Direct, the British home-furnishings retailer. ..... I never ...
(06-11-2015)

London's property market is Britain's Hunger Games - The Guardian (blog)

The Guardian (blog)London's property market is Britain's Hunger GamesThe Guardian (blog)The Hunger Games imitates life in Britain's property market. The evil President Snow has devised a ritual where young couples queue up overnight to fight for prison cell-sized spaces on the fringes of the city, enslaving themselves in debt while the ...UK house prices up 10%, 'shed' sells for $1.4MHITCWhich London boroughs will see the biggest house price rises by 2020?Telegraph.co.ukHouse prices to jump 17% by 2020What Mortgageexpressandstar.comall 23 news articles »
(06-11-2015)

Equity release: how expats can make money from their home - Telegraph.co.uk

Telegraph.co.ukEquity release: how expats can make money from their homeTelegraph.co.ukThe products in Australia work in much the same way as those in the UK, but you must be over 60 to access them. In addition, the terminology is slightly different – you have a reverse mortgage rather than a lifetime mortgage, and a shared sale ...and more »
(06-11-2015)
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