One in five people struggling with debts has seen their credit card limit automatically increased – a higher proportion than for cardholders in general, a charity has claimed. Citizens Advice said 18% of those struggling financially had seen the limit increased without request, compared with 12% overall. It wants aRead More →

The growth of borrowing on credit cards, bank loans and car purchase deals has eased off, according to figures from the Bank of England. The Bank has said several times this year that it is worried about the rapid growth of so-called consumer credit. Its latest figures show that this sort ofRead More →

Brexit brings risks of food shortages if the UK does not resolve issues around customs processes, the British Retail Consortium (BRC) has warned. While the UK has outlined its vision for customs arrangements after Brexit, the retail trade body said it was still waiting for crucial details. It said EuropeanRead More →

The deadline is imminent for parents in England to apply for 30 hours of free childcare for their three and four-year-olds for September. It doubles the current 15 hours’ allowance, with parents eligible if they both work and each earn less than £100,000 a year. Applications close on 31 August,Read More →

Sales of vacuum cleaners producing more noise and heat than suction are restricted under EU rules from today. Vacuum cleaners using more than 900 watts and emitting more than 80 decibels will be banned when stocks run out. Some anti-EU campaigners say homes won’t be properly cleaned if people haveRead More →