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Household debt rises to post-credit crunch high

Household debt has risen to its highest level since just after the financial crash of 2008, official figures show.. Bank of England data shows personal debt grew 10.8% in the year to 30 November to £192.2bn in the UK – the highest level since December 2008. Debt charity Step Change is calling on the government […]

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PPI claim deadline proposed for June 2019

The Financial Conduct Authority (FCA) wants to set a June 2019 deadline for people to make claims over mis-sold payment protection insurance (PPI). The financial regulator wants the rule for setting the deadline to come into force by the middle of 2017 alongside a public awareness campaign. The FCA will listen to feedback on this […]

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