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    UK consumer credit

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    • Monday, 7 August, 2023
      UK financial regulation
      UK ministers accused of inaction over ‘buy now, pay later’ lenders

      Labour calls for a crackdown on ‘bad actors’ as interest-free products rise in popularity

      Buy now, pay later deals have surged among all age groups in the UK
    • Monday, 31 July, 2023
      UK economy
      UK mortgage approvals and consumer credit jump despite higher rates

      Surprise data comes ahead of Bank of England meeting this week

      An estate agent’s sign outside a house in Cambridge
    • Friday, 21 July, 2023
      Consumers face rising borrowing costs as interest-free deals shrink

      Fall in demand for car loans and new credit cards

      A person taps with a card to pay for shopping
    • Friday, 21 July, 2023
      Consumer Duty
      Can the UK financial regulator really end rip-offs?

      New Consumer Duty regulations are, in principle, good for investors, but time will show what they mean in practice

    • Friday, 26 May, 2023
      Personal Finance
      Car buyers: how to steer through the labyrinth of choice

      New vehicles rise in price as electric options become more popular

    • Thursday, 13 April, 2023
      UK lenders report rise in household and company defaults

      Bank of England’s quarterly survey points to squeeze on borrowers caused by increase in interest rates

      Bank of England
    • Thursday, 23 February, 2023
      James Max
      Rich People’s Problems: I just haven’t got enough money

      Where do I start if I want to take a hatchet to personal spending?

    • Tuesday, 14 February, 2023
      UK financial regulation
      UK debt charities welcome crackdown on ‘buy now, pay later’ lenders

      Government aims to put legislation before parliament later this year

      Person holding a smartphone with a ‘buy now, pay later’ logo on screen
    • Tuesday, 14 February, 2023
      Amigo Holdings PLC
      Amigo avoids £73mn fine due to ‘serious financial hardship’

      UK financial regulator said ailing company needed to preserve funds to repay customers

      The Amigo logo shown on a smartphone screen in front of a computer screen
    • Monday, 13 February, 2023
      FCA to gain powers to crack down on ‘buy now, pay later’ firms

      Draft UK government proposals would bring regulation to fast-growing market dubbed the ‘wild west of credit’

      Buy now pay later online shopping service on smartphone
    • Wednesday, 11 January, 2023
      Cost of living crisis
      More than 750,000 UK households at risk of mortgage default, says regulator

      Financial Conduct Authority warns on mounting danger of ‘payment shortfall’

      A street of terraced houses in London
    • Monday, 31 October, 2022
      UK mortgage approvals and consumer lending fall as rising prices bite

      BoE data point to slowdown in property market even before mini-Budget and households building cash buffers

      People at an estate agent in London
    • Thursday, 29 September, 2022
      FT live news
      Live news updates from September 30: S&P downgrades UK outlook, UK pension funds sell off assets
    • Tuesday, 30 August, 2022
      Cost of living crisis
      UK consumers turn to credit cards as cost of living crisis bites

      Fastest rise in borrowing since 2005 suggests households are ‘battening down the hatches’ ahead of winter

      A credit card is used
    • Wednesday, 10 August, 2022
      The Wealth ManJason Butler
      Are you heading for a financial car crash?

      Millions wedded to high spending levels despite the worsening economic climate

      People holding glasses of wine
    • Friday, 29 July, 2022
      Financial services
      Pawnbroking surges in UK amid cost of living squeeze

      Sector also boosted by crackdown on high-interest lenders

      A woman looks into the window of a pawnbrokers in Liverpool
    • Friday, 29 July, 2022
      UK consumer borrowing doubles as cost of living bites

      ‘Significant increase’ from May to June comes as inflation heads towards double digits

      Shoppers in a Morrisons supermarket
    • Tuesday, 28 June, 2022
      FT Financial Literacy and Inclusion Campaign
      Money Clinic podcast: How can I improve my credit score?

      Experts bust the myths

      A woman’s hand hovers over a computer keyboard
    • Friday, 13 May, 2022
      Serious MoneyClaer Barrett
      Business leaders understand cost of living crisis better than politicians

      Queen’s Speech should have contained measures to tackle worsening living standards

    • Thursday, 28 April, 2022
      James Max
      Rich People’s Problems: My debt is becoming an albatross

      ‘By the time I got to the checkout I was presented with a bill for £210. How on earth did that happen?’

      A woman shops at a supermarket vegetable aisle
    • Sunday, 3 April, 2022
      FT Financial Literacy and Inclusion Campaign
      Martin Lewis urges reform of UK’s ‘dangerous’ credit card rules

      Chancellor backs consumer rights campaigner’s call to ensure more borrowers get the advertised rate of interest

      A woman at a laptop computer, holding a credit card
    • Tuesday, 29 March, 2022
      FT AlphavilleClaire Jones
      Does the cost of living crisis explain the leap in borrowing?

      Bank of England stats out Monday show the use of credit cards is soaring.

    • Tuesday, 29 March, 2022
      UK credit card debt hits record high as inflation and cost of living bite

      Consumers borrowed £1.5bn net in February — the highest monthly figure since statistics began in 1993

      A customer pays by credit card
    • Friday, 4 March, 2022
      UK households feel the pain of inflation

      Some consumers raid their savings to cope with big jumps in fuel and food bills

    • Saturday, 8 January, 2022
      Banking & Savings
      UK household finances strong in face of inflation and spending increase

      But poor families remain under acute pressure

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