Borrowing & debt
Amigo Loans to be liquidated after failing to raise survival cash
Those owed compensation will get 17p in the pound as sub-prime lender’s shareholders wiped out
Julia Kollewe
23, Mar, 2023 @10:33 AM
FCA urges UK banks to consider cutting mortgage payments for those struggling
City regulator estimates 356,000 borrowers may be at risk of missing monthly payments by summer 2024
Kalyeena Makortoff Banking correspondent
10, Mar, 2023 @12:01 AM
Keep interest rates at 4% to help UK households, urges Bank of England policymaker
With inflation cooling rate-setter Swati Dhingra says higher borrowing costs pose ‘material risk’ to already-weak economy
Richard Partington
08, Mar, 2023 @2:01 PM
UK shoppers slash spending as price rises and energy bills bite
February figures from BRC highlight impact of cost of living crisis on British economy before budget
Richard Partington Economics correspondent
07, Mar, 2023 @12:01 AM
‘It makes me want to cry’: inside crumbling courts as judges wrestle with rise in rent eviction cases
The Guardian visits courtrooms in England and Wales to see the impact of cost of living crisis
Simon Goodley
03, Mar, 2023 @8:45 AM
UK government made £2.4bn from ‘mortgage prisoner’ loan sales, says Martin Lewis
Tens of thousands of borrowers had their loans sold on to providers at which they were unable to switch
Rupert Jones
01, Mar, 2023 @6:00 PM
UK’s taste for takeaways slides as eating out returns and food prices rise
Pressure on restaurant margins as customer behaviour shifts and inflation eats into costs
Sarah Butler
20, Feb, 2023 @12:58 PM
Sub-prime lender Amigo avoids £73m fine after claiming hardship
FCA finds company put customers at high risk of harm by failing to assess whether they could repay loans
Kalyeena Makortoff Banking correspondent
14, Feb, 2023 @10:16 AM
Ministers launch long-awaited consultation on buy now, pay later firms
Government says new rules could help protect 10 million consumers from ‘unconstrained borrowing’
Kalyeena Makortoff Banking correspondent
13, Feb, 2023 @10:30 PM
Stab vests, huge dogs and escape routes: the secret diary of a prepay meter fitter
A British Gas engineer reveals some customers’ aggressive response to forcible installations, which are now in effect banned
Alex Lawson Energy correspondent
10, Feb, 2023 @10:00 AM
Cost of living crisis: how to make smart money decisions in tough times
Interest rates rose this week, adding to pressure from bills. We look at how to make the best choices in an uncertain world
Sandra Haurant
04, Feb, 2023 @7:00 AM
‘I’m really worried’: homeowners and would-be buyers on UK interest rates
As the base rate reaches 4%, we hear from people concerned about rising mortgage costs
Jedidajah Otte
03, Feb, 2023 @7:00 AM
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