Online news
FSA warning on unfair terms 31 January 2012
Contract terms are still regularly unfair to consumers, despite the vast amount of information published on the subject, the financial watchdog has said._Read full story
No merger for Incasso and DWF 2 February 2012
Talks have broken down over a merger between law firms DWF and Cobbetts due to uncertainty over market conditions._Read full story
Sale and rent back market "shut" 3 February 2012
The sale and rent back (SRB) market has been temporarily shut down and slammed for widespread poor practice by its own regulator. _Read full story
MAS annual budget set to almost double 2 February 2012
Funding for the Money Advice Service (MAS) will almost double to £86.8m for 2012/13 if proposals released today by the Financial Services Authority (FSA) are enacted._Read full story
MoJ concludes DCA pilot 2 February 2012
The Ministry of Justice (MoJ) has concluded a pilot scheme in which three debt collection agencies were employed to pursue £602m of unpaid court fines. _Read full story
BCW Group acquires UMS 3 February 2012
BCW Group has acquired utilities debt collection firm Utility Management Services (UMS) for an undisclosed sum. _Read full story
Lamb assumes Davey's role 3 February 2012
Norman Lamb MP has taken on responsibility for insolvency and consumer affairs after Ed Davey moved to the post of Energy secretary._Read full story
Borough issues enforcement tender 31 January 2012
A tender for bailiff services worth up to £1.5m in fees has been issued by the UK borough of Burton upon Trent. _Read full story
borro teams up with commercial brokerage 2 February 2012
Alternative lender borro has struck a deal to partner with brokerage firm Corporate Advances._Read full story
NHS Trust issues parking enforcement tender 2 February 2012
A three year tender for parking enforcement services has been issued by the Queen Elizabeth Hospital King's Lynn NHS Foundation Trust. _Read full story
Guidelines issued for short-term lenders 1 February 2012
Short-term lenders must restrict the number of times they allow a loan to be rolled over to three, according to guidelines issued today._Read full story
Charity warns on water debts 31 January 2012
Water debt problems have rocketed by 432% since 2006 as more consumers struggle with household expenses, a charity has revealed._Read full story
Bridgman Group invests in CW Harrison 31 January 2012
The Bridgman group, parent company of enforcement firm Marston Group, has made an investment in the High Court enforcement arm of CW Harrison & Son._Read full story
FSCS claims management warning 30 January 2012
Claims management firms are now handling more than three quarters of compensation claims for victims of mis-sold Payment Protection Insurance (PPI), figures have revealed._Read full story
MoJ policy head joins Rossendales 30 January 2012
Christine Sharples has joined enforcement firm Rossendales as compliance manager._Read full story
Payday lenders face new guidelines 30 January 2012
Payday lenders are facing a barrage of new guidelines to adhere to as both the Finance and Leasing Association and the Consumer Finance Association gear up to launch codes of practice for the industry. _Read full story
Fraud levels hit record high 27 January 2012
Overall fraud levels reached their highest level on record in 2011 after rocketing 9% from the figure recorded in 2010, CIFAS has revealed. _Read full story
FCA to regulate consumer credit 27 January 2012
Consumer credit regulation will be transferred from the Office of Fair Trading (OFT) to the Financial Conduct Authority (FCA) after the Financial Services Bill is enacted, the government has announced._Read full story
Davey backs down on pre-packs 26 January 2012
No changes will be made to the pre-packaged administration regime despite concerns over the transparency of the system, the government has announced._Read full story
Average UK family debt rockets 25 January 2012
The average UK family debt has rocketed by 48% in one year without mortgages being taken into account, according to Aviva._Read full story
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