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Consumer credit borrowing jumps to highest level since 2017 – BoE

The total amount of credit borrowed rose to £2bn in November from £1.4bn the month befor...

  • Jan 04, 2024
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Borrowing costs soar to record high levels

Credit card and loan interest rates rocketed during the fourth quarter of 2023.

  • Dec 19, 2023
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Insurance complaints rise to five-year high – FOS

Customer complaints about buildings and other types of insurance received by the ombudsman...

  • Sep 14, 2023
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Over two million people now relying on unsecured lending for essentials

As high inflation continues to place huge financial pressure on families, more are now tak...

  • Aug 02, 2023
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Credit card spending rises year-on-year

Credit card spending rose in the year to April but the number of outstanding balances that...

  • Jul 19, 2023
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More than one in 10 over-55s have mortgage debt prior to retirement

Around 11 per cent of over 55s have mortgage debt before going into their final decade of ...

  • Jun 06, 2023
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Brits borrowing more and missing bill payments

More than one in five, 22 per cent, people are borrowing more than they did this time last...

  • Jan 13, 2023
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PRA tells specialist lenders to ‘prepare for prolonged’ period of stress

The Bank of England has warned UK-based deposit-taking specialist lenders including buy-to...

  • Jan 11, 2023
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SMEs have ‘untapped potential’ for specialist lending sector

SMEs are confident they will experience a boost in trade in the next few months and are co...

  • Aug 31, 2021
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Young borrowers at risk of damaging their credit scores

A study has revealed gaps in the knowledge of young people when it comes to credit scores.

  • Jun 07, 2021
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