From the category archives:
Alistair Darling has proposed tougher new reforms to the financial system specifically targeting UK banks. Stricter regulations will be introduced with a view to giving the customer much greater consumer protection.
In a statement to the House of Commons, Alistair Darling said the financial system needed to ensure robust regulation, and banks and financial institutions should [...]
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Agreements on money borrowed up to the amount of £25,000 before April 2007 could be found to contain errors. Whether it’s a personal loan, credit card, store card, hire purchase agreement, overdraft or car loan then these credit agreements and even some charges may become unenforceable in certain circumstances.
The Consumer Credit Act 1974 laid out [...]
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