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Ofcom consults on universal service obligation, which requires deliveries to all UK addresses six days a weekRoyal Mail is hoping to end Saturday letter deliveries after the postal regulator called for evidence on how its services might change as the p…
Chinese-owned MG’s MG4 is Britain’s bestselling EV after Tesla’s Model Y in first seven months of yearChina’s share of the European electric car market has more than doubled in less than two years as the world’s second largest economy tries to take the…
Nathan Gilbert, of Enfield, changed the account details of customers and fraudulently issued passbooksA former teller at a London branch of Nationwide has been jailed for more than two years for his part in a £130,000 bank fraud.Nathan Gilbert, 26, of …
Coercive or controlling behaviour has been an offence since 2015, but its financial aspects are poorly understood and can leave lives in ruins, a new report says“I’ve got nothing. I’ve worked for 26 years and the only asset I have is my pension. I have…
Advocates say proposals that cut debt to zero for some borrowers and reduce monthly interest payments are good newsJoe Biden’s new student-loan plan is an important and large step forward on student debt forgiveness in the US even after a previous debt…
Survey released as HSBC becomes latest lender to increase maximum home loan term to 40 yearsA third of those with a mortgage do not think they will pay it off by the time they are 65, according to data this week. It coincided with HSBC becoming the lat…
Company breached rules that state existing policyholders should not be charged more than new onesDirect Line will pay about £30m to customers who were charged more than they should have been to renew car and home insurance policies.The UK’s second bigg…
August 5.3% drop comes as sales completions down by about 40% in first half of year compared with 2021Business live – latest updatesUK house prices fell 5.3% in August compared with the same month last year, the fastest annual drop in 14 years, accordi…
Government-backed bank throws down gauntlet to high street lenders with new growth bondsThe UK government’s savings bank, NS&I, has “thrown down the gauntlet” to high street rivals by launching a one-year fixed-rate savings account paying a table-t…
Visa and Mastercard are planning to increase fees that many merchants pay when they accept customers’ credit cards. From a report: The fee increases are scheduled to start in October and April, according to people familiar with the matter and documents…