FCA tells peer-to-peer lenders “act now” or face crackdown

Posted on: Tue, 01/10/2019 - 11:13

Some 65 peer-to-peer lending platforms have received a letter from the Financial Conduct Authority (FCA) warning them to “act now” to clean up poor practice or face a “strong and rapid” crackdown,...

We find out how the council is responding to Brexit's impact on the city

Posted on: Tue, 24/09/2019 - 10:04

Two reports tabled to councillors in the last week suggest the breakneck pace of developments in Manchester seen in recent years is easing off. Brexit was cited as a key factor that could pose a '...

Poverty Stricken Britain Research Explores the Heavy Impact of Poverty on People in the North West

Posted on: Fri, 13/09/2019 - 10:37

Recent research has shown that a fifth of people in the North West have experienced issues with their mental and physical health as a result of financial stress. The study, conducted by loan...

Investor Woodford sells £30m stake in NSF to Alchemy

Posted on: Fri, 06/09/2019 - 12:45

Investor Neil Woodford has sold a £30m chunk of his stake in doorstep lender Non-Standard Finance (NSF) to a fund run by private equity firm Alchemy Partners. Woodford has sold around 19 percent of...

Over 55s using pension to help out their children - poverty rate for UK elderly revealed

Posted on: Thu, 29/08/2019 - 14:48

RETIREMENT is a time which many people may have saved for, however, new research suggests thousands of over 55s are using their savings, including part of their pension, to support their children...

UK pensioners face worst poverty rate in western Europe, study shows

Posted on: Wed, 28/08/2019 - 08:51

Pensioners in Britain suffer the worst poverty rate in western Europe, new data reveals on Tuesday. According to FairMoney.com, nearly one in five pensioners have said that financial stress is...

Child poverty in the North West rises to 36%

Posted on: Thu, 15/08/2019 - 15:03

Exclusive research from FairMoney.com unveils a fifth of people in the North West have experienced issues with their mental and physical health as a result of financial stress Almost a third of...

'Unacceptable' situation as poverty in the North East rises by 25%, according to new survey

Posted on: Thu, 15/08/2019 - 14:57

With new Prime Minister Boris Johnson introducing a number of new spending initiatives, loan comparison website FairMoney.com conducted a national survey to explore the impact of poverty. It found...

'Unacceptable' situation as poverty in the North East rises by 25%, according to new survey

Posted on: Thu, 15/08/2019 - 14:56

With new Prime Minister Boris Johnson introducing a number of new spending initiatives, loan comparison website FairMoney.com conducted a national survey to explore the impact of poverty. It found...

Poverty levels 'on the rise'

Posted on: Thu, 15/08/2019 - 09:26