Monthly Archives: February 2011

Another month, another shocking inflation figure.

Posted on 26 February 2011 by Graham

In January, annual inflation (as measured by the consumer price index) clocked in at 4%. The Bank of England’s target is 2%. If you use the retail price index (RPI), it came in at 5.1%. Both figures were in line … Continue reading →

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Lending changed by new directive

Posted on 25 February 2011 by Graham

Borrowers are set to benefit from new lending standards which came into force with the introduction of the EU consumer credit directive.

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OFT revokes lenders’ licences

Posted on 16 February 2011 by Graham

Unsecured loan providers NIZ Financial and First Money Direct have had their consumer credit licences revoked by the Office of Fair Trading, prompting the regulator to warn credit brokers to improve the way they deal with customers’ upfront fees.

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