The Information Commissioner’s Office has fined a Manchester-based debt management lead generation company £80,000 after it sent more than 95,000 text messages. These messages were all unsolicited, in that the recipients had not given explicit prior consent to receiving them. Furthermore, all 95,000 messages were sent in the space of just two months, from June to July 2020.
Chancellor defends not providing more Covid support to small business owners
UK consumers once again made significant debt repayments during January 2021, according to the latest Money and Credit Report from the Bank of England.
Scott Robert Newsletter
Adviser trade body hosts webinar on issues relating to working from home and a potential return to the office
Guarantor loans are now most complained about product, according to FOS data
Although the Financial Conduct Authority will not assume responsibility for regulation of pre-paid funeral plans until July 29 2022, it has already commenced its consultation on how it will regulate the sector.
FCA declines credit broking authorisation application over competence and other concerns
Budget announcements: freeze to income tax thresholds, rise in corporation tax, extension of Covid support schemes.
The Financial Services Compensation Scheme has offered to meet with Treasury Select Committee chairman Mel Stride MP as its funding costs continue to soar.