Finance

A firm which runs mobile phone insurance policies sold by Phones 4u has been fined £2.8 million by the Financial Conduct Authority (FCA) for mishandling hundreds of complaints.

MoneySavingExpert.com has called for tougher action to protect people from unscrupulous payday lenders at a crunch Government-led summit today. Meanwhile, payday loan companies could be banned from advertising, the new financial regulator also warned.

Avid payday loan campaigner and outspoken critic Stella Creasy has not been invited to attend a crunch summit about the controversial industry on Monday.

Banks that have failed to cancel a regular payment on a credit or debit card when asked over recent years will now have to refund customers for all subsequent charges. So it's important you claim back this cash, if owed.

Mobile phone insurers have been slammed by the Financial Conduct Authority (FCA) for offering policies which simply don't provide the cover they promise.

Bank customers who replenish their accounts on the same day a direct debit or other payment is due should be spared some charges, after an agreement was reached between the regulator and major banks.

A group of MPs has slammed the Office of Fair Trading (OFT) for failing to take tough action against "predatory" lenders who leave vulnerable customers struggling with spiralling debts.

Over 1.2 million people with an interest-only mortgage are not saving enough to pay off their loans, according to a major new announcement by the regulator, the Financial Conduct Authority (FCA).

Thousands of mortgage holders with a Bank of Ireland base rate tracker will see repayments rocket today, but victims have been urged to fight back.