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Borrower protection key issue as C C finally stamps out PPI bad practice
Thursday, 29 January 2009

A new era dawns for borrower protection as the Competition Commission  (CC) brings down the curtain on its PPI investigation. But the huge UK debt burden MUST be protected as the economic downturn deepens – awareness of affordable alternatives is crucial to avoid the trap of complacency, warns Paymentcare.co.uk.

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Competition Commission decision sounds the death knell for PPI, says Which?
Thursday, 29 January 2009

As the Competition Commission announces its recommendations into the PPI market, Louise Hanson, Head of Campaigns at Which? says: “This decision helps sound the death knell for PPI. For too long too many consumers have suffered from shoddy, expensive and inadequate protection.

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The FLA responds to the competition commissionís final ruling on PPI
Thursday, 29 January 2009

Responding to the Competition Commission, FLA Director General Stephen Sklaroff said: "The Commission has thrown the baby out with the bath water. By preventing customers from protecting their repayments at the time they take out a loan, the Commission has made it much less likely that they will do so at all.

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Research reveals a third of Britons donít own a savings account
Thursday, 29 January 2009

A third of UK citizens do not have a savings account, according to research released today by marketing specialists EuroDirect. 29 % per cent of those asked claim they spend everything they earn each month, with an extra 4% saying they would rather keep their cash under the mattress than entrust it to a bank or savings provider.

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First bank to offer free security software to mobile banking customers
Thursday, 29 January 2009

Barclays has become the first UK bank to offer its mobile banking customers security software to download free of charge, covering anti-virus, anti spam and anti theft protection.

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Fluent Money beating the crunch
Thursday, 29 January 2009

Internet secured loan broker, Fluent Money, has made eight new appointments and exceeded growth expectations with 100 per cent growth month-on month since its launch in October 2008.

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Thames Water announces company restructuring due to economic downturn
Wednesday, 28 January 2009

Thames  Water  Utilities  Limited,  the  UK's  largest  water  and sewerage company,  today  announced  it was bringing forward a reduction in employee numbers  of up to 300 as part of a restructuring programme, and in response to the current economic downturn.

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EuroDebt Financial Services partners with Blue Skies Financial Solutions
Wednesday, 28 January 2009

Leading debt management company, EuroDebt Financial Services, has teamed up with Blue Skies Financial Solutions to offer a range of debt solutions to the Blue Skies network of brokers.

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New year starts 'with a whimper' for UK high street
Wednesday, 28 January 2009

Despite the New Year sales 2009 got off to a poor start for most UK retailers, who reported that sales continued to fall sharply, and expect that February will be as tough, the CBI said.

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Treasury Committee calls for more to be done to ease flow of credit
Wednesday, 28 January 2009

In a Report today the Treasury Committee calls for the Government to do more to ease the flow of credit. The Committee's report on the 2008 Pre-Budget Report highlights the lack of bank lending as "the single most critical problem for the economy in the near term."

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Equifax signs personal information promise
Wednesday, 28 January 2009

Leading credit and business information provider, Equifax, will become one of the first companies to sign the Information Commissioner’s new Personal Information Promise.

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