Energy consumers across the UK were overcharged by their energy suppliers in recent quarters by a collective total of over £100 million. That’s according to the price comparison and switching service uSwitch, whose figures suggest that roughly 1.3 million British consumers were overcharged by their gas and electricity suppliers in the 12 months prior to […]
Renters aged between 25 and 34 throughout the UK are among the country’s most financially at-risk people and are collectively a heavily indebted generation. That’s according to a report compiled by the insurance firm LV=, which suggests that 44 per cent of renters in the ‘late-Millennial’ category aren’t confident of their ability to cope with […]
Businesses will soon be banned from levying extra charges to customers who opt to pay for goods and services via either their debit or credit cards.
The Lloyds Banking Group has announced details of an overhaul to its policies around current account overdrafts and the associated charges and fees. Lloyds owns several of the UK’s leading high street banking operations, including the Bank of Scotland, and has millions of customers throughout the country. The group has said that it will abolish […]
The average scale of debts accounted for by household bills and essential costs has trebled over the course of the past 10 years in the UK.
New rules have come into force that require payday lenders to advertise their offers to customers via at least one price comparison website.