OFT 'failed' on card crackdown
A powerful committee of MPs yesterday accused the office of fair trading of "sounding like apologists" for the credit card industry and of failing in its duty to protect ...
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Thinking inside plastic's box
From next year, credit card companies are promising to provide customers with clearer information and less confusing small-print.
After complaints that the details of c...
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Britannic sees bonus prospect
Britannic, the troubled insurance group, yesterday raised the prospect of some of its beleaguered policyholders receiving bonuses again after it took the unusual step of ...
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Millions eligible for complex credits
The government today launched a major advertising campaign to encourage retired people to claim the controversial new pension credit coming in on October 6.
The governme...
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Debt worries for a quarter of borrowers
Nearly a quarter of people with a credit card or loan have no idea how much money they owe, research revealed today.
According to Citizens Advice one in five people in ...
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Shock as Mr Integrity faces share ramp probe
It is no surprise that a City firm has found itself accused of the kind of abuses commonly practised by Wall Street brokers during the dotcom madness. But it comes as a s...
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Flying pigs - but do these banks really bring home the bacon?
Promises of high interest rates on savings accounts by upstart new entrants hoping to take on the banking giants are nothing new.
The most notorious recent examples inc...
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US stock exchange chairman gets his share - $140m nest egg
The chairman of the New York stock exchange has just received a cash payment of $140m (£89m) despite criticism of his management of the world's biggest stock exchang...
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A tough message to corporate America
WorldCom, the largest corporate failure in America's history, should cap its directors' pay at $15m, give shareholders more power and bolster its board after the $11bn ac...
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Berkeley suffers investors' brickbats over pay policy
Berkeley Group, the upmarket housebuilder, yesterday suffered one of Britain's biggest shareholder revolts over a £1.2m payment for its managing director, Tony Pidgl...
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