Category Archives: Consumer News

File photo dated 19/05/11 of a train ticket, timetable and money, as new compensation arrangements for rail passengers come into effect today.

Rail Fares to Increase Next Year

The Department of Transport has said that next January will see a rise of 1% in regulated rail fares. This increase is pegged to July’s inflation level of 1%, measured…

forex

FOREX Manipulation Leads to Record Fines

Record fines have been handed down to five of the world’s biggest names in banking, primarily for manipulation of the foreign exchange (FOREX) market. The fines total US$ £3.6 billion,…

Britain FTSE
Important

Savings of up to £1 Million to be Protected

The Bank of England will protect savings of up to a million pounds under the Financial Services Compensation Scheme. The increased rate of savings protection is expected to take effect…

PPI Claim

PPI Claims Still Going Strong Through First Quarter of 2014

Recent figures show that PPI complaints remained reasonably steady through the first quarter of 2014. Though they have lost some steam since the very height of the scandal, they are…

inheritance-tax

David Cameron Hints at Inheritance Tax Pledge

David Cameron has claimed that he still aims to raise the threshold for inheritance tax so that only “the rich” will be liable for it. He has hinted that a…

Co-operative

Co-Op Has Worst Year Ever

The Co-operative Group has experienced its worst year since the company began. It is expected to record losses of over £2 billion. Exact figures are set to be announced on…

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Important Considerations in PPI Mis-selling

You can make a PPI claim if you had been mis-sold Payment Protection Insurance on store card, overdraft, car loan or a catalogue. But there are certain policies that have…

Online Shopping

Record Online Spending Expected This Christmas

Online retailers in the UK are braced for a record Christmas period. The highest levels of online spending ever are expected according to forecasts by CapGemini and IMRG. Last year’s…

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A New Industry – Peer to Peer Lending

Peer to peer lending is the practice of borrowing and lending money between individuals across an online exchange.  It is also known as social lending and is becoming a rapidly…

PPI Claims 2

What should you do if you have been mis-sold a PPI policy?

PPI or the Payment Protection Insurance has been a controversial subject for quite some time now. There is barely a household in the UK that hasn’t been exposed to advertising…