Which? magazine has called for the Financial Services Authority to ‘name and shame’ lenders charging customers with exorbitant mortgage arrears charges. Which? wants the list submitted to judges hearing repossession cases and the culprits fined, with the revenue going to help borrowers access independent debt advice, and it has submitted a Freedom of Information request
Ahead of today’s debate in the Commons, party leaders have agreed to proposals for interim changes to MPs’ expenses. Mortgage interest and rent claims will be capped at £1,250 a month, claims for furniture, cleaning and stamp duty will be banned, and they will not be allowed to flip the designation of their second home.
The rising cost of fuel, food and public transport has hit the poor hardest. The Joseph Rowntree Foundation calculates that the cost of living for those on a minimum household budget is rising faster than inflation. The costs for a single household on a low-income budget were up 5.3 per cent this year, followed by
There are growing calls for an investigation into some of the MPsâ expenses claims. The Taxpayersâ Alliance and Daily Mail newspaper are said to have joined forces to raise money to fund a private criminal prosecution if police do not act into the alleged misuse of parliamentary funds. Scotland Yard has said they have received
Squatters have taken over the home of married Labour MPs Ann and Alan Keen, who have recently come under fire for claiming hundreds of thousands of pounds in expenses on a second home located a few miles away. The squatters said they moved in after a neighbour said the house had been empty for more