Tuesday, January 22, 2019
Payday lender Wonga has collapsed into administration, it was announced today.In a statement, Wonga said that having assessed all options, the board 'concluded that it is appropriate to place the businesses into administration'.It added: 'Wonga customers can continue...
Internet lender Funding Circle is plotting to float on the stock market within the next fortnight, with a value of £1.5 billion.The company, which allows savers to lend their money directly to businesses and get paid interest, is...
A high-interest lender set up by a billionaire dubbed a 'legal loan shark' is cashing in as hard-up customers flock to use its products.Amigo, which was founded by James Benamor in 2005, said revenues in the three months...
Shopping centre owners have become the latest links in the retail chain to take a beating, as one investment bank published a brutal review of their prospects.In a note, Morgan Stanley said it would 'continue to shy away'...
Switching has made Britain's energy market more competitive. But it is hard to understand how a merger between the retail arm of Britain's SSE and German controlled Npower, reducing the big six to the big five, is going...

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