QuickQuid, the UK’s largest remaining payday loan provider, is set to close even though thousands of complaints about its lending have not yet been resolved. US owner Enova said that QuickQuid will leave the UK market “due to regulatory uncertainty”. The collapse means that thousands of borrowers who said they were missold unaffordable loans will only get a proportion of the payouts they would have been due. In the first Read More….
According to the latest figures from the Office for National Statistics (ONS), UK wage growth slowed down in the three months to September. The figures also showed the biggest annual drop in the number of job vacancies in nearly 10 years – it was the ninth consecutive monthly fall in available work, with advertised positions dropping by 18,000 to 800,000. During this three-month period, there were 32,75 million people in Read More….