Category : Search result: financial hardship


FCA: UK Finance's Old Tech Poses 'Significant' Risk

The UK's Financial Conduct Authority has raised a major red flag, revealing that a large portion of the nation's finance sector is dangerously reliant on outdated technology, posing a severe threat to operational resilience and consumer protection.

Why Britain Isn't Ready to Ditch Cash

As the UK races towards a cashless future, a growing movement of consumers, experts, and activists are pushing back. Discover the compelling financial, psychological, and societal reasons why cold, hard cash isn't ready for the history books just yet.

Bank forgives £1m debt for terminally ill cancer patient

Bank of Scotland clears £1,000,000 debt for terminally ill cancer patient Ian Pritchard after his emotional appeal went viral. Discover how this act of compassion brought relief to a family facing unimaginable hardship.

FCA Reviews Rules as Top Enforcer Joins Hedge Fund

The Financial Conduct Authority launches an urgent review into its conflict of interest policies after its former head of enforcement, Therese Chambers, takes a senior role at a US hedge fund, raising serious concerns about the City's 'revolving door' cul

FCA Alert: Protect Your Money From Clone Firm Scams

Exclusive: The Financial Conduct Authority issues an urgent warning as sophisticated 'clone firm' investment scams skyrocket, with criminals stealing millions from UK savers. Learn how to spot the red flags.

FCA Investigates Aberdeen Over Dubai Operations Compliance

The UK's Financial Conduct Authority launches an investigation into Aberdeen's Dubai operations, raising serious questions about oversight in the emirate's burgeoning financial district and compliance with international standards.

Parents skip meals to afford school uniforms

A new survey highlights the financial strain on families in England as parents sacrifice meals to pay for school uniforms. Experts warn of a growing crisis in education affordability.

Universal Credit stopped over £1.50 debt

A man's Universal Credit payments were abruptly stopped due to a tiny £1.50 debt, leaving him in financial turmoil. Discover how the DWP's strict policies are affecting claimants.

Students work full-time as loans fall short

Soaring living costs leave university students struggling to survive on government loans, with many taking on excessive work hours just to afford rent and food.

FCA warns of rising financial scams in UK

The Financial Conduct Authority (FCA) has issued a stark warning about increasing financial scams targeting UK consumers. Learn how to spot and avoid these fraudulent schemes.

£4,500 raised for stranded Brits in UAE

A crowdfunding campaign has raised £4,500 to assist British expats in the UAE facing financial hardship and unable to return home. Advocates call for government intervention.

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