Customers

Bank account switches reach 4-year low

Savers snub campaign to change current account provider.

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Call for businesses to bear more responsibility for online scams

Have you been targeted by scammers? Businesses are being urged to take greater responsibility in protecting customers from online fraud and scams.

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Public sector borrowing drops

Public sector borrowing, excluding public sector banks, closed 2015 £4.3 billion lower than in December 2014.

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Repayment confidence high among consumers

84% of people state they are feeling more confident in keeping up with their repayments as we enter what is traditionally an expensive time of year for many.

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Consumer finance rises in 2015

Consumer finance growth rose by 9% in September 2015, compared to the same month last year, new figures released by the Finance & Leasing Association show.

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Cash payments continue to decline

A record 44 billion payments will be made in the UK in 2024, analysis by Payment UK predicts. Increases in bank card, internet and mobile banking payments have been key factors in the rise, equating to 120 million payments a day.

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Suppliers reluctant to act on late payments

Suppliers are waiting more than 3 months on average before threatening legal action over late payment, according to new figures.

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Small firms lack confidence in late payment rules

Small businesses do not trust the Prompt Payment Code to effectively tackle the UK's poor payment culture, according to research by the Federation of Small Businesses.

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Firms affected by late payment

More than three quarters of businesses suffer from late payments, according to research by Bacs.

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Shop prices fall for 20th consecutive month

Shop price deflation slowed to 1.7% in December 2014, down from 1.9% the previous month, according to figures released by the British Retail Consortium.

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