Lloyds Banking Group has been fined a record �28m by the Financial Conduct Authority for putting staff under so much pressure to sell some even bought the products to save themselves from the axe.
Shares in royal Bank of scotland took a tumble after the surprise decision by finance director Nathan Bostock to quit the group just two months into the role.
A �worryingly high� �55 billion a year is being lost to the taxpayer due to fraud, error and unpaid taxes, the spending watchdog warns today.
An Ofcom study found that Britons pay �66 a month for the 'best offer' premium pay-TV subscription. Photograph: Eyebyte / Alamy/Alamy.
The UK is facing a �rent debt crisis� according to debt charity Money Advice Trust. Rent arrears are the fastest growing debt problem, and renters are becoming more likely to seek help with their debts.