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Philip Hammond Launches Assault on Payday Lenders and Loan Sharks

Philip Hammond has his sight on payday lenders and loan sharks. The UK government has plans to launch a no-interest… Read more…
Understanding Wage Stagnation in the UK

The latest ONS report shows that the average pay in the UK in July 2018 picked more than expected (by… Read more…
Should You Buy Online Training Courses?

Most people love buying online courses which sell "systems" for doing certain things ranging from building a passive income to… Read more…
The FCA Issues £16.4 Million Fine for Cyber Fraud

On 1st October 2018, the FCA fined Tesco Bank £16.4 million for its role in failing to prevent a November… Read more…
Church of England Turn Down Offer to Buy Wonga’s Loan Book

The Church of England (C of E) has turned down a request to take on loans of troubled payday loan… Read more…
Britain Welcomes New Savings Bank, Marcus – a Goldman Sachs Subsidiary

Britain is set to get a new savings bank by the end of this month. However, the company behind it… Read more…
Invisible Expenses Poking Holes in Your Budget

If you compare your income and expenses every month and can’t seem to understand where your money goes, you have… Read more…
The Evolution of Financial Problems in The UK in The Past 50 Years

A lot has changed in Britain in the past five decades. Our focus here will be on the major financial… Read more…
The Future of Debt

Predictions on the future are usually rosy and about getting more. For instance, the future of technology is about solving… Read more…
Wonga Collapse Imminent!

Wonga has entered administration! On 31st August 2018, the FCA made an official statement (posted on their official site) stating… Read more…