Category : City Finance


Bank of England Holds Interest Rates at 5.25%

The Bank of England maintains interest rates at 5.25% amid inflation concerns. Discover how this decision impacts mortgages, savings, and the UK economy in our comprehensive analysis.

MPs: Watchdog Sides With Lenders in Car Finance Scandal

A cross-party committee of MPs has launched a scathing attack on the Financial Conduct Authority, claiming its car finance redress scheme favours lenders over consumers in a multi-billion pound mis-selling scandal.

Tax Office pays private debt collector £42m

The Australian Taxation Office has paid debt recovery firm RecoveriesCorp over £42 million to chase unpaid taxes, raising serious questions about outsourcing public debt collection to private contractors.

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