Business

The Public Accounts Committee criticised the lack of incentive for lenders to recover the money.

Meanwhile, England and Wales have seen a 15% increase over the same issue, according to the Big Issue.

Mr Geale later added: “What we’re saying is we think there are perhaps better ways of assessing who is a good mortgage borrower. So, for example, if you’ve been paying…

Doctors in training, formerly known as junior doctors, said their cries have ‘fallen on deaf ears’.

One finance expert said the ‘writing has been on the wall’ for Premium Bond prizes since a recent Bank of England base rate cut.

In a letter to all three firms, Mr Philp wrote: “These illegal immigrants are not allowed to work as delivery drivers while their asylum claim is pending, but when I…

The annual Wealth Migration Report from Henley & Partners, a firm that advises affluent clients considering relocating, said high tax rates, particularly the abolition of the non dom regime, combined…

Rachel Springall, a finance expert at Moneyfactscompare.co.uk, said: “It is exciting to see another challenger bank launch a current account into the fray for consumers hoping to make their money…

The FTSE 100 index closed down 16.61 points, 0.2%, at 8,758.04.