On 1 April 2014 the Financial Conduct Agency (FCA) officially takes over from the Financial Standards Agency (FSA) as the regulator of the financial services industry in the UK (no April’s Fools, honest). The FCA has published its ‘Risk Outlook’ … Continue reading
Category Archives: Interest rates
Fresh concern over payday loans
Two new studies into the use of payday loans have highlighted concerns over the use of the short-term credit facilities. Research has shown that over one quarter of young adults will apply for a payday loan in the next six … Continue reading
Interesting times ahead?
Rising inflation raises concerns over interest rates The UK Consumer Price Index annual rate of inflation rose to 4.5% in April 2011, its highest level since October 2008, according to figures released today. This has led to speculation that the … Continue reading