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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 »

Northern Rock posts £256m loss

Northern Rock posts £256m loss - 10/03/2010
Northern Rock today announced losses of £257.5m for the full year 2009, compared to losses of £1.36bn it made in 2008. Full story »

MPs criticise HMRC

MPs criticise HMRC - 09/03/2010
Her Majesty’s Revenue and Customs (HMRC) must considerably improve its performance, according to a report published today by MPs. Full story »

SMEs lose money from insolvent partners

SMEs lose money from insolvent partners - 09/03/2010
Almost half of UK Small and Medium sized enterprises have lost an estimated £5.3bn in debts owed by trading partners who have gone bust, according to new research. Full story »

Small businesses in dark over refused loans

Small businesses in dark over refused loans - 09/03/2010
One in five small and medium-sized enterprises (SMEs) who are refused funding by their bank do not know why their loan applications are being rejected, according to research published today. Full story »

Building societies confirm merger talks

Building societies confirm merger talks - 09/03/2010
The two building societies at the centre of a possible merger have confirmed that talks between the two are underway. Full story »

Coface begins turnaround as profits dive

Coface begins turnaround as profits dive - 08/03/2010
Credit insurer Coface said it expects to see a recovery in the global economy this year and revealed it is working towards a new insurance model after posting pre-tax losses of €163m for 2009 Full story »

Specialist slams Scottish insolvency practice

Specialist slams Scottish insolvency practice - 05/03/2010
Scotland’s personal insolvency practice is "unfit for purpose", according to an insolvency specialist who spoke at Credit Today’s Credit Scotland conference. Full story »

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