Monthly Archives: February 2012
Provident Financial boosted profits by reducing bad debts
Concerns that payday lenders are exploiting consumers in financial difficulty have prompted the Office of Fair Trading to launch an extensive review of the sector.
Access to credit is still a major issue for smaller firms and the private sector is not likely to hire many more people, according to the Bank of England.
Shares in credit card protection business CPP were suspended yesterday (February 20) over allegations surrounding the sale of some of its products.
According to the Federation of Small Businesses (FSB) resilence is keeping many small and medium sized enterprises operating but economic conditions are stopping expansion plans.
Budget hotel chain Travelodge will restructure its debt and not go into bankruptcy, according to its Dubai-based owners.