Vince Cable Tells Investors – Curb Daredevil Casino Traders
Vince Cable, Business Secretary yesterday issued a call to arms for British bank shareholders to help curb the ‘daredevil’ behaviour…
Prime Minister Announces Banking Inquiry
Prime Minister David Cameron announced today that there would be a parliamentary review into the banking industry. The move follows…
Business Credit Conditions Still Getting Worse
Business credit conditions in the UK are still getting worse the Bank of England has warned. Banks are being much…
On-going Credit Squeeze Becoming Critical as Banks Still Not Lending
The Federation of Small Businesses (FSB) has warned that ‘The on-going credit squeeze is becoming critical’ after it has been…
Ebay Traders Given 1 Week to Come Clean Before HMRC Crackdown
British Ebay traders have been given one week by HM Revenue & Customs (HMRC) to come clean about their earnings.…
Money Saving Website Sold For £87million
The immensely popular financial advice website moneysavingexpert.com has been sold in a deal worth £87million to moneysupermarket.com. The website is…
Payday Loan Company Has Licence Revoked
Yes Loans, the payday loan provider has had its licence revoked. The trading watchdog (the Office of Fair Trading) said…
Lenders write off £3.64bn in credit card debt during 2011
£3.64bn in bad debts was written off by credit card companies in 2011 according to figures from the Bank of…