Allowing credit unions charge as much as 2% a month for their loans could help prevent people from using hugely expensive money lenders and provide some competition to banks charging large amounts on credit cards, industry and consumer advocates have said. Lifting the cap to 2% from 1% on the maximum monthly charge for credit…
DetailsA gambling addict who admitted conducting a 20,000 mortgage fraud without his wifes knowledge has escaped jail and been given a six-month community order. Mark Hingston from Kettering admitted lying to his then-wife about the extra 20,000 taken out as part of a joint mortgage application, which he used to fund his habit. In…
DetailsHappy New Year.Welcome to 2019 and just a little advance warning theres a local election coming across the city in less than four months. For many in our city though the thought of a happy new year or any sense of excitement from the coming local elections will be completely absent. Increasingly, ongoing Tory austerity…
DetailsIncorporated in October 2014, Mamhead House And Castle Limited (MHAC) was a company that organised events, while also managing the wedding venue, Mamhead House. The venue, a former Georgian country home in rural Devon, had been the destination for high-profile celebrity weddings. Richard Stuart Fuller (56), of Crockham Hill, Kent, was appointed a director in…
DetailsIncorporated in October 2014, Mamhead House And Castle Limited (MHAC) was a company that organised events, while also managing the wedding venue, Mamhead House. The venue, a former Georgian country home in rural Devon, had been the destination for high-profile celebrity weddings. Richard Stuart Fuller (56), of Crockham Hill, Kent, was appointed a director in…
DetailsUpdate on the voting results of the 14th meeting of the Committee of Creditors of Viceroy Hotels Limited (CoC). This is to inform you that the 14th meeting of the Committee of Creditors (CoC) of Viceroy Hotels Limited (under Corporate Insolvency Resolution Process) (the Company) was held on Monday, 31st December, 2018 at Plot No.…
DetailsCHEMICAL Company of Malaysia Bhd (CCM) has emerged as a more nimble entity barely a year after its demerger with its former largest earnings contributor and 73.4%-owned subsidiary, CCM Duopharma Biotech Bhd (CCMD), which also continues to do well. CCMs net profit for the nine months ended Sept 30 (9MFY2018), was 25% lower year on…
DetailsGovernment has been prejudiced in excess of $3,5 billion by company directors who shut-down their firms in order to avoid payment of taxes only to re-establish themselves under different trading names. This was revealed by Finance minister Mthuli Ncube in the National Assembly last month during the debate on the Finance Bill. Ncube is proposing…
DetailsBritains household debt mountain has reached a new peak, with UK homes now owing an average of 15,385 to credit card firms, banks and other lenders, according to the TUC. The trade union body said household debt rose sharply in 2018 as years of austerity and wage stagnation forced households to increase their borrowing. The…
DetailsFor the first time in our history, Australians have tallied up a staggering collective credit card debt of almost $30billion. The terrifying statistic was the result of frenzied Christmas shopping meaning many Aussie households are heading into 2019 with a financial hangover. According to a new forecast of Reserve Bank of Australia (RBA) data analysed…
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