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Continued growth in consumer finance
Monday, 11 September 2017
New figures released today by the Finance & Leasing Association (FLA) show growth of 13% in consumer finance new business in July, compared with the same month last year.  
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Couples' confusion about joint bank accounts revealed
Monday, 11 September 2017
Three quarters (74.1 per cent) of UK adults don't know that either person is liable to pay the entire debt on a joint account and nine out of ten (87.5 per cent) want banks to provide clear information when they open a joint account, according to independent research carried out for SavvyWoman.co.uk and M&S Bank. 
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Major Review of Debt Advice Funding Underway in the UK
Thursday, 07 September 2017
A major Independent Review of the Funding of Debt Advice, led by Peter Wyman, reached a key milestone today with the launch of a “Call for Evidence”.  
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New training aims to improve support for customers with addictions
Thursday, 07 September 2017
The Money Advice Trust has launched a new face-to-face training course designed to help creditor staff to better support customers affected by gambling, alcohol and substance addictions.  The course has been developed in partnership with the Royal Bank of Scotland and NatWest, and can be tailored to creditor organisations across a range of sectors. 
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Calligo acquires IT services division of Guernsey-based Fusion Systems
Tuesday, 05 September 2017
Calligo, a global cloud solution provider, today announces that it has purchased the IT services division of Fusion Systems, a highly-respected Guernsey-based business serving a wide range of clients.
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The Right PMI Network Announces PMI Quoting Engine to produce compliant fact-find and letter
Monday, 04 September 2017
The Right PMI has announced a number of new developments to its innovative PMI sourcing system, PMI Quote. 
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Back to school costs push families into the red
Monday, 04 September 2017
Parents who increasingly have to fork out for iPads, extracurricular activities and uniforms when their children go back to school, are being advised to budget carefully to avoid being pulled into a cycle of debt.  
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Contactless celebrates its 10th year
Monday, 04 September 2017
To coincide with the 10th anniversary of the UK’s launch of contactless technology, UK Finance has today (Monday, 4 September 2017) published the latest usage figures.  
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Millennials want their bosses to talk to them and inspire them to achieve more, finds new survey
Friday, 01 September 2017
A survey by London recruitment consultancy Freshminds has revealed that millennial workers in the UK are motivated more and respond better to managers and leaders who engage, challenge and inspire them at work according to a recent survey.
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StepChange Debt Charity response to Bank of England Money and Credit statistics
Thursday, 31 August 2017
Responding to the Bank of England Money and Credit July 2017 statistical release, Peter Tutton, Head of Policy at StepChange Debt Charity, said:  “With stagnant wages and rising inflation squeezing household incomes further, a slight decrease in the rate of growth for consumer credit is no sign of relief. These latest figures show overall consumer credit is rising by nearly 10% annually and with people now getting into debt at a younger age and an estimated 8.8 million turning to credit to meet essential living costs, we must remain vigilant that a credit bubble is not history repeating.  
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Money Advice Service media comment: Credit Cards and long-term debt
Wednesday, 30 August 2017
Commenting on credit cards and long-term debt, Head of Debt, Craig Simmons at the Money Advice Service said:   “Household debt in moderation is not a bad thing. However, when money worries start to become a problem, for example if you find yourself using credit to pay essential bills or falling behind on them, it’s important to remember that you don’t need to deal with it alone. In the first instance, it can be a good idea to speak to your lender, who can often work out a repayment plan that is affordable to you. There are also lots of services available across the UK, who will provide personal, impartial and free advice to deal with money problems.”
 
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