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Credit unions to come in from the cold
15 January 2013 There is probably one within walking distance of your home. Your friends and relatives could have money deposited with one. But it’s one of the financial services…
Younger people most likely to seek debt help
15 January 2013 The extent of the financial difficulties facing young people have been revealed, as government figures showed that more than a quarter of people turning to a new…
A million using payday loans to keep homes
15 January 2013 Around seven million people are turning to credit to try to keep a roof over their heads, research by housing charity Shelter reveals. Almost one in seven…
Online payday loan firms may be guilty of mis-selling, says lawyer
15 January 2013 Online payday loans could end up being the next mis-selling scandal, a former lawyer at the Financial Ombudsman Service has warned. James Ward, associate at Thomson Snell…
Simon Read: Rogue payday lenders must be closed down to protect the hard-up
15 January 2013 Hardships are continuing for families this year. Housing charity Shelter reckons some seven million vulnerable folk have turned to expensive credit just to pay their rent or…
A Campaign Finance Ruling Turned to Labor’s Advantage
15 january 2013 WASHINGTON — Labor unions are seizing on last year’s landmark Supreme Court campaign finance ruling to change how they engage in politics, developing ambitious plans to influence…
Russian President Ousts Finance Minister, a Putin Ally, for Insubordination
MOSCOW — President Dmitri A. Medvedev fired Russia’s longtime finance minister for insubordination on Monday after the two had an icy confrontation on television that revealed the fault lines in…
The Wild West of Finance
15 january 2013 Human beings, at heart, are wild animals in love with the thrill of the hunt. I can prove it merely by pointing to the existence of the…
Halifax increases standard variable rate to 3.99 per cent
15 January 2013 Halifax, Britain’s biggest mortgage lender, is to dramtically increase the cost of its standard variable rate (SVR) mortgages from 1 May. From this date, the rate will…
From Bullfighting to Finance
15 january 2013 I WAS born in San José, Costa Rica, the third of four siblings. My father left when I was 2 and my mother was pregnant. We moved…
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