The OFT is giving the leading 50 payday lenders, accounting for 90 per cent of the payday market, 12 weeks to change their business practices or risk losing their licences, after it uncovered evidence of widespread irresponsible lending and failure...
Britain is on track for a triple dip recession, one of the nation’s leading forecasters has signalled, as new figures on the UK’s manufacturing industry dealt a blow to recovery hopes and sent sterling crashing to a fresh two-and-a-half year...
Some parents in the UK will be able to claim back up to £1,200 a year for each child - or 20% of childcare costs - from 2015, under government plans.
Rich Taite's insight:
If this is helping the country to work, then shouldn't this be the norm instead of paying the idle to keep having kids so they don't have to work. In this way can we reduce our national debt by reducing transfer payments?
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