Money


FSA to beef up consumer protection

The City watchdog will toughen up vetting for financial products before sale

12:02pm Friday 12th March 2010

The City watchdog is due to announce plans to toughen up its consumer protection regime by vetting financial products before they go on sale.

Mortgage lending slumps by half

Mortgage lending has slumped by almost half during January, figures have shown

10:01am Friday 12th March 2010

Mortgage lending to people buying a home dived by 49% during January following the end of the Government's stamp duty holiday, figures have shown.

Darling rules out 'giveaway' Budget

Chancellor Alistair Darling said there would be no pre-election giveaway in the Budget

11:50pm Thursday 11th March 2010

Chancellor Alistair Darling has warned there will be no pre-election giveaway in the Budget.

Pension schemes cost 'to triple'

The annual cost of unfunded public sector pension schemes looks set to triple, report says

12:18am Friday 12th March 2010

The annual cost of the UK's unfunded public sector pension schemes looks set to more than triple to nearly £80 billion during the coming 50 years, a report showed.

16% of homeowners 'risk default'

One in four people would struggle to keep up with mortgage repayments if their income fell by £300 a month

12:18am Friday 12th March 2010

One in four people say they would struggle to keep up with their mortgage repayments if their income fell by just £300 a month, a survey showed.

Consumer protection committee plans

The FSA plans to launch a new committee to spot problems in the financial services sector

5:35pm Thursday 11th March 2010

The City watchdog announced plans to launch a new committee to spot problems in the financial services sector before they affect large numbers of consumers.


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