UK Finance News

UK criminals are keeping one step ahead of credit card technology despite the introduction of Chip and Pin which was designed to give the customer more security.
Figures for credit and debit card fraud last year, rose to an incredible £535million, with criminals using new methods of committing credit card crime.
The skimming of cards being used [...]

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The million policyholders that lost half of their investment with Equitable Life in 2001, when the company came to the brink of collapse, have been given some hope that they will be at last be able to seek compensation for their losses as a report from the Parliamentary Ombudsman Ann Abraham, is published.
The ombudsman found [...]

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Lower earning Flex Account customers at Nationwide will be hit by a reduction in interest rates that come into force on August 1st.
Nationwide will be paying a varied interest rate to its Flex Account customers based on how much is paid into the account on a regular monthly basis. The new rates are listed below, [...]

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Many Briton’s are resorting to short term ‘pay day’ loans to tide them over until they get paid says a report in the Times today. The short term loans, often taken out for just a few days, can charge as much as 1000 per cent in interest, according to figures from MoneySupermarket.
The boom in ‘pay [...]

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It never rains but it pours as the old saying goes, and right now its pouring one headache after another on householders as the BBC reports that energy could rise by as much as 40% this winter.
The increase is much more than has already been predicted, and says the report, it could cost an average [...]

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