Latest Finance and Business News

Thursday 2nd May 2024

Government saves £300m in two years by preventing fraud and error.
The government’s national Fraud Initiative (NFI) has saved over £300 million in taxpayers money, in a two year period. Chloe Smith, Minister for the Constitution, has announced over £300 million in savings, made from clamping down on fraud and error. “We are […]

40,000 Customers Owed Wonga Compensation

Saturday 20th April 2024

Administrators bought into sort out Wonga, the Payday lender following its collapse in August 2018, say the actual number of consumers able to claim compensation is four times higher than initially thought.
The Financial Ombudsman Service told the Treasury Committee in January this year, that there were around 10,500 consumers who had unresolved […]