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Reader's Digest receives nine offers

Reader's Digest receives nine offers - 12/03/2010
Administrators at Reader’s Digest have revealed that they have received nine indicative offers to acquire the business.
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MoJ set to comment on DMPs

MoJ set to comment on DMPs - 12/03/2010
The Ministry of Justice (MoJ) will ask on Monday for more time to consider the findings of its consultation into debt management plans (DMPs), Credit Today can reveal. Full story »

Regulators join forces to launch committee

Regulators join forces to launch committee - 12/03/2010
Industry regulators have joined forces to launch a committee in charge with spotting problems in the financial services sector before they affect large numbers of consumers. Full story »

Drop in income set to hit mortgage holders

Drop in income set to hit mortgage holders - 12/03/2010
Over a quarter of mortgage holders would not be able to meet their monthly payments if they experienced a drop of up to £300 in monthly income, according to research published today. Full story »

Online banking fraud hits £60m

Online banking fraud hits £60m - 11/03/2010
Online banking fraud rose to £59.7m in 2009 in a 14 per cent rise on the 2008 figure, according to figures published by the UK Cards Association. Full story »

Lifeline unveiled for SMEs

Lifeline unveiled for SMEs - 11/03/2010
The Forum of Private Business (FPB) has unveiled a raft of new measures to provide support for small and medium sized enterprises (SMEs). Full story »

Portsmouth announces redundancies

Portsmouth announces redundancies - 11/03/2010
The administrators of Porstmouth Football Club today announced the redundancy of 85 employees. Full story »

CML sets out budget demands

CML sets out budget demands - 10/03/2010
A £300bn gap in the mortgage industry must be bridged by the government in its upcoming budget, argues the Council of Mortgage Lenders (CML) in a report published today. Full story »

FSA announce second consultation on PPI

FSA announce second consultation on PPI - 10/03/2010
The Financial Services Authority (FSA) has announced a second consultation period on revised measures to tackle market reform in the Payment Protection Insurance (PPI) market. Full story »

Chester City FC wound-up

Chester City FC wound-up - 10/03/2010
Chester City football club has today been wound up by the High Court over debts owed to Her Majesty’s Revenue and Customs. Full story »

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