The pandemic has changed many aspects of our lives this year, but one of the starkest changes has been our relationship with money. Lots of people have been thrown out of work or put on furlough, and are having to cut their spending accordingly. But even people who have kept their jobs are spending less….
We have been rejected for a mortgage because of changes to banks’ lending policies when someone has claimed any amount of government furlough money. My partner was paid £590 in furlough over two months before he was able to resume supporting himself. As director of a limited company his salary is only a small part…
Women in their mid-30s will never know equal pay in their working lives if progress towards tackling the gender gap is not accelerated, according to new analysis. To mark Equal Pay Day, the day that women in effect stop being paid because of the gender pay gap in the UK, Labour has said 8.5 million…
Three weeks ago, my bank, Barclays, seized all of my money from both my current and savings accounts. The latter contained the whole of my life savings of £320,000. I am a 69-year widower from Liverpool who has worked abroad for 40 years. I’m currently a project manager in Bangladesh and have been left penniless…
Tens of thousands of people are being made redundant in the UK as the coronavirus pandemic stalls the economy. The economic fallout from the pandemic has plunged the UK into the deepest recession for more than 300 years, as lockdowns, physical-distancing measures and people voluntarily making changes in response to high numbers of Covid infections…
The competition watchdog has imposed a £17.9m fine on the price comparison site Comparethemarket.com after it found that clauses in its contracts with home insurers broke competition law. The Competition and Markets Authority (CMA) found that Comparethemarket prohibited home insurers on its platform from offering lower prices on other comparison websites over two years, ensuring…
