Crisis looms as unsecured consumer debt soars Consumer borrowing could surpass £340bn by the end of the decade to the equivalent of £12,500 per household by 2020, according to PwC’s Precious Plastic report, which warns younger borrowers are the most

Slow Payers – The hidden costs. Credit where credit is due Giving credit to customers is an established feature of business to business (B2B) transactions and without it the economy would not be able to function efficiently. However, whenever goods

Lenders to crisis-hit Interserve‎ hire advisers after profit alert Lenders to Interserve called in advisers as fears grow over the firm’s finances. A group of high street banks, including HSBC Holdings and Royal Bank of Scotland Group, hired Ernst &

Concern over growing debt among young people FCA chief executive Andrew Bailey has warned of a “pronounced” build up of debt among young people. In an interview with the BBC, he said the young were having to borrow for basic

Vauxhall to cut jobs in the North West 16th October 2017. Vauxhall has announced it will cut 400 jobs at its Ellesmere Port plant amid falling sales. A spokesman said the automotive firm is “facing challenging European market conditions”. In