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  • Santander sees 'less impact' on UK business from Brexit

    Santander UK (LSE: 44RS.L - news) has said there is a "degree of caution" in its outlook for the UK economy as rising inflation begins to hit consumer spending power. The lender voiced fears of an easing in credit growth to households and businesses alike while revealing a 1% dip in first quarter profits. The bank said …

  • 11m households in credit with energy companies

    Millions of British households could claim an average of £117 for energy they have paid for but did not use over the winter, figures suggest.

  • Triodos Bank offers new 'ethical' current account

    A new ethical current account is to be offered by a provider promising a fresh approach to banking in the UK.

  • Virgin Money Giving adds 10% to London Marathon donations after website crash

    Virgin Money Giving will boost donations to the London Marathon by 10% after its website crashed. Thousands of people reportedly had problems accessing the official fundraising website on the day of the marathon and also in the days since then.

  • Virgin Money keeps close eye on debt levels as credit card balances jump 8%

    Virgin Money has said it would keep a close eye on rising consumer debt levels as credit card balances jumped 8% in the first quarter.

  • 'I was conned by a computer virus. How do I get my £150 back?' The Telegraph - Sat, Apr 15, 2017 07:11 BST
    'I was conned by a computer virus. How do I get my £150 back?'

    I opened my computer late at night and found a notice saying it was frozen and has been invaded by a Trojan virus, which had infected 1,000 or so of my files. 

  • UK lenders put brakes on credit after borrowing binge Sky News - Thu, Apr 13, 2017 18:37 BST
    UK lenders put brakes on credit after borrowing binge

    Banks are planning to put the brakes on credit card lending after a borrowing binge last year, Bank of England figures show. Lenders told a quarterly survey by the Bank that they had tightened credit scoring criteria for cards and other unsecured loans in the first three months of this year. Part of the boom had been …

  • Lenders put brakes on credit after borrowing binge Sky News - Thu, Apr 13, 2017 17:59 BST
    UK lenders put brakes on credit after borrowing binge

    Banks are planning to put the brakes on credit card lending after a borrowing binge last year, Bank of England figures show. Lenders told a quarterly survey by the Bank that they had tightened credit scoring criteria for cards and other unsecured loans in the first three months of this year. Part of the boom had been …

  • Banks cracking down on lending after borrowing binge, survey finds

    The Bank of England has warned over rising consumer debt fuelled by credit cards. Worried lenders are starting to put the brakes on Britain’s consumer borrowing binge and plan to get tougher on credit card users, according to a Bank of England survey.

  • Lenders planning to tighten credit card borrowing criteria PA Money News - Thu, Apr 13, 2017 10:48 BST
    Lenders planning to tighten credit card borrowing criteria

    Households could find it harder to take on more credit card debt in the coming months as banks and building societies plan to impose stricter borrowing criteria.

  • Which charity website should you use? The Guardian - Sun, Apr 9, 2017 06:59 BST
    Which charity website should you use?

    The spotlight is on charity websites after it emerged that the site raising funds for the family of Keith Palmer, the police office killed in the Westminster attack, had pocketed a large slice of the donations. Rhys Goode, a spokesman for JustGiving, says the website’s charges have been designed to cover the cost of running …

  • Plastic fantastic? Why our debt frenzy may be catching up with us

    If another recession hits, banks will quickly come to regret Britons’ recent splurge on the plastic. The stress test undertaken by the Bank of England last year was the toughest UK lenders had ever faced, simulating a global crash as bad as the crisis that sent the financial system into meltdown in 2008. In the event …

  • Risky lending will endanger banks if credit bubble bursts, Bank of England warns

    Britain's recent consumer credit boom poses a risk to the country's banks if "intense competition" between credit card and loan providers sees underwriting standards slip, the Bank of England has warned. The Financial Policy Committee (FPC), which monitors risks to financial stability, noted that households were more likely …

  • What do the proposed tougher credit card rules mean for me? The Telegraph - Tue, Apr 4, 2017 07:48 BST
    What do the proposed tougher credit card rules mean for me?

    Credit card firms will have to give more help to customers stuck in severe debt, under new proposals from the City watchdog. The rules from the Financial Conduct Authority (FCA) will mean providers have to help customers out of debt, rather than continuing to profit from them. The proposals could lead to major changes …

  • Proposals aim to ease credit card charges for customers in debt PA Money News - Mon, Apr 3, 2017 18:05 BST
    Proposals aim to ease credit card charges for customers in debt

    Millions of people languishing in credit card debt could see their charges eased or withdrawn under proposals outlined by the financial watchdog. 

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