The Bank of England revealed that credit card interest rates have reached an all time high on 30 November 2021.
Despite stay-at-home measures leading to many new subscribers and record-setting growth for Netflix in the UK in 2020, latest figures show that 2021 has been a different story.
A research study conducted by Which? warns that many ‘Buy Now, Pay Later’ (BNPL) users do not understand the debt risks that come with the payment scheme.
Mischon de Reya, one of the UK’s most prestigious law firms, has been fined a record amount for committing “serious breaches” of money-laundering rules, its second regulatory penalty in three months.
Santander deposited £130m into 75,000 accounts in error on Christmas Day.