Consumer campaigners are urging the government and the City regulator to intervene in a rescue scheme proposed by the sub-prime lender Amigo, saying it could enrich the firm’s directors while some of Britain’s poorest borrowers miss out on up to £1bn in compensation. They have called on the Financial Conduct Authority (FCA) to block plans…
With its stay-at-home orders and restrictions on movements, with rush hours slowed, pollution lowered and shopping habits turned on their head, the pandemic quickly earned itself a nickname: the great pause. This pause, it was argued in the early days, would give us space to think, to reassess our lives and priorities as a society…
I have had an online savings account with Halifax since 2014 which I use very little. Last month, I needed to send £35,000 to family in the US, which had to be done in two transactions so as not to exceed the bank’s daily limit. I asked Halifax by phone to transfer the first £20,000,…
Investors in a collapsed car-hire scheme are facing losses, the City regulator has said, as it alleged that the firm had been trading while insolvent and claimed to own vehicles that did not appear to exist. Buy2Let Cars collapsed into administration this week, shortly after the Financial Conduct Authority (FCA) had ordered it to stop…
Ocado has given its eponymous food range a facelift, with 100 new products and less packaging, as part of a major rebrand that is ditching its trademark green for purple to stand out in an intensifying online grocery war. The retailer said a fifth of the 530 products in Ocado’s own-label range had changed ahead…
I’m one of what looks like very many Habitat customers stuck in a Bermuda Triangle of a late or partial delivery, nonexistent customer service and lack of access to customer accounts for orders made prior to 26 January. All the accounts have been deleted, despite outstanding live orders, following the merger of Habitat on to…
