The offices of Wonga, the payday loan company, near Regent's Park in London. Photograph: David Levene for the Guardian. The controversial payday lender Wonga is writing off �220m of loans to 330,000 people, admitting that it should never have lent to ...
... * No change to government Help to Buy mortgage scheme. * BoE asks for more powers to rein in home loans, buy-to-let. * Banks to be told new leverage limit by end of month (Adds reaction from lenders and economists).
The demand for Emirates flights from Asia to Africa has fallen due to fears over the Ebola virus, the airline's president announced on Thursday.
NAPLES Italy (Reuters) - The European Central Bank will buy bundles of loans and other forms of secured debt from mid-month in an attempt to kick start a languishing euro zone economy, despite misgivings in Germany and elsewhere.
euros-7 Both the Euro to Pound (EUR/GBP) and Euro to US Dollar (EUR/USD) exchange rates were trending higher on Thursday following the European Central Bank's interest rate decision.