Money

Financial Ombudsman 'must sharpen up' amid rising cases

BBC Money News Feed - Fri, 01/29/2021 - 12:08
A backlog of cases brings criticism from MPs, but the service's boss says it has coped well.
Categories: Money

Klarna: 'I got a £30 bill - but I've never used it'

BBC Money News Feed - Fri, 01/29/2021 - 00:15
There are concerns that fraudsters are signing up for buy now, pay later services in others' names.
Categories: Money

GameStop: Meet the amateur traders fighting Wall Street

BBC Money News Feed - Fri, 01/29/2021 - 00:14
They're young, they're financially savvy and they're angry at being shut out of GameStop share trading.
Categories: Money

Cladding crisis: 'I was a first-time buyer at 27, and bankrupt at 28'

BBC Money News Feed - Thu, 01/28/2021 - 17:02
How the cladding crisis forced a first-time home buyer into bankruptcy within a year.
Categories: Money

Budget 2021: What is it and when will it happen?

BBC Money News Feed - Thu, 01/28/2021 - 13:33
The Budget - when is it, what does it do and what should we expect to hear from the chancellor?
Categories: Money

GameStop: Amateur investors continue to outwit Wall Street

BBC Money News Feed - Thu, 01/28/2021 - 13:05
Private investors using online chatrooms have led to a trading frenzy in some unexpected shares.
Categories: Money

Car insurance cover extended during lockdown

BBC Money News Feed - Thu, 01/28/2021 - 12:24
The extension covers drivers who are having to use their car to get to work owing to Covid restrictions.
Categories: Money

'Failing' firm soars in value as amateurs buy stock

BBC Money News Feed - Wed, 01/27/2021 - 12:30
Shares in a games company have soared 276% - the result of a fight between private and professional investors.
Categories: Money

Contactless limit could rise to £100

BBC Money News Feed - Wed, 01/27/2021 - 11:56
The financial regulator will consult "shortly" on a rise from the current limit of £45.
Categories: Money

Covid crisis: 'I've been excluded from any help'

BBC Money News Feed - Wed, 01/27/2021 - 00:50
Millions of people have been shut out of government schemes designed to help, a new study suggests.
Categories: Money

Victims lose average of £45,000 in investment scams

BBC Money News Feed - Wed, 01/27/2021 - 00:27
Lockdown led to a surge in reports of fraudsters imitating genuine investment firms, regulator says.
Categories: Money

Student rent: 'We're paying for a service we're not getting'

BBC Money News Feed - Tue, 01/26/2021 - 15:35
The BBC has discovered sharp contrasts in the way universities are handling rent for unused accommodation.
Categories: Money

Co-op and Morrisons see queues over payments outage

BBC Money News Feed - Tue, 01/26/2021 - 01:54
The supermarket chains confirmed that an ongoing issue is affecting payments processing in some stores.
Categories: Money

Brexit parcel price shock: 'I had to pay £30 for a gift'

BBC Money News Feed - Tue, 01/26/2021 - 00:22
It's not just shoppers facing surprise costs when EU parcels arrive, but what is behind the charges?
Categories: Money

Barclaycard customers face higher minimum payments

BBC Money News Feed - Mon, 01/25/2021 - 00:05
The changes affecting some customers take effect as finances are squeezed by Covid and Christmas.
Categories: Money

Cladding crisis: 'Delays could bankrupt us'

BBC Money News Feed - Fri, 01/22/2021 - 17:26
Campaigners say a government fund to pay for the removal of dangerous cladding is woefully inadequate.
Categories: Money

Shoppers stuck at home shun new clothes in 2020

BBC Money News Feed - Fri, 01/22/2021 - 10:36
Clothing was the hardest-hit sector last year, seeing a 25% drop in sales overall.
Categories: Money

Premium Bonds operator NS&I 'must work hard to win back customers'

BBC Money News Feed - Fri, 01/22/2021 - 01:07
Its boss apologises after customers were left to wait an average of 20 minutes for calls to be answered.
Categories: Money

Covid: Nine million people forced to borrow more to cope

BBC Money News Feed - Thu, 01/21/2021 - 13:37
There is a "widening financial gap" between households because of the pandemic, says the ONS.
Categories: Money

Plans to cap fees charged by claims companies

BBC Money News Feed - Thu, 01/21/2021 - 13:25
It follows criticism that firms take a large proportion of compensation for mis-sold financial products.
Categories: Money

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