The new Banking Code and Business Banking Code contain an enhanced promise by banks and building societies to treat customers fairly and reasonably. Other improvements to the Banking Code effective today include a fresh commitment to responsible lending, including more help for customers heading towards financial difficulties.
Halifax’s chief economist has labelled the bulk of predictions warning that UK borrowers will be hit by massive payment shock as “misleading”.
Bridging specialist Affirmative has teamed up with packager em- and will work together to grow the em-bridging brand.Gary Lederberg, director at Affirmative, says: “It is working well on both sides and our customers are very happy with the service they get and the packaging offered through em-.”Simon Mouncher, operations director, em-bridging, says: “We have a […]
Swift says it’s in consultation with 60 staff regarding possible job losses. The specialist lender says it hopes the final number of potential staff redundancies will be far fewer than this, and that it is working to restrict the final number to just 25.But staff affected by the consultation will come from the sales, marketing […]
It was back in May 2007 when I realised that what had been a lucrative period for packagers was coming to an end and the sector was beginning to feel the strain of what we now know as the liquidity crisis.
Royal London carried out a UK wide survey with 2,500 consumers age 35-44 over the summer. The survey found that over a third, 34 per cent, said their finances felt Squeezed and so were struggling to meet day-to-day expenses, despite 87 per cent being aware that they need to save more. However, the survey did […]
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