UK banks keep £100 limit for contactless card payments despite FCA scrapping it

Banking lobby group says lenders are holding off changes as there is no widespread consumer demand for now

The Guardian
High levels of debt on essential UK bills are the ‘new normal’, warn campaigners

Average arrears for housing, utilities and council tax for low-income households all rose last year

The Guardian
MPs launch student loans inquiry amid ‘perfect storm’ for young people in UK

Influential Treasury committee chair Meg Hillier says review follows growing concern over graduate debt

The Guardian
Student loan crisis in England and Wales is a scam on graduates, say angry MPs

Debate to take place in Westminster as some backbench Labour members join calls for a shake-up of the system

The Guardian
Britons feeling ‘dismal’ about finances amid mounting debts, survey finds

Consumer confidence at its lowest level in two years, as young people in particular face money pressures

The Guardian
Student loans: ‘My debt rose £20,000 to £77,000 even though I’m paying’

Millions of graduates are trapped by ballooning debts, as their repayments are dwarfed by the interest added

The Guardian
Expand credit unions to boost cheap credit to low-income people, Labour MPs urge Reeves

Influential MPs including committee chairs say millions could benefit with minor changes to financial inclusion bill

The Guardian
Lending to small businesses and low-income areas must expand, say Labour backbenchers

Senior politicians have tabled bill that would force UK banks to make affordable finance more accessible

The Guardian
UK credit card borrowing rises at fastest annual rate in almost two years

Bank of England says individuals borrowed extra £2.1bn in consumer credit in November

The Guardian

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