Britain's markets watchdog on Friday proposed enabling consumers to extend a payment freeze on their credit cards by a further three months, as part of measures to support borrowers in difficulties due to the coronavirus pandemic.
FILE PHOTO: A Union Jack themed Visa credit card is seen amongst British currency in this photo illustration taken in Manchester, March 13, 2017
Those who had not yet asked for a payment freeze on credit cards or for an interest-free overdraft of up to 500 pounds could also seek one up until Oct 31, the Financial Conduct Authority said in a statement. “The proposals...would provide an expected minimum level of financial support for consumers who remain in, or enter, temporary financial difficulty due to coronavirus,” Christopher Woolard, the FCA’s interim CEO said.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
US will 'push off' UK trade deal with the UK over food standards - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Lire la suite »
U.K. Video Gaming Industry Sets 'Play & Talk' Weekend to Tackle LonelinessThe U.K. video games industry has set a 'Play & Talk' weekend to combat loneliness amid the novel coronavirus pandemic. Electronic Arts, Ubisoft and Sega are among the companies supporting the initiative. More details:
Lire la suite »
UK minister apologises for misnaming soccer star Rashford, citing Harry Potter confusionHealth minister Matt Hancock apologised on Wednesday to England soccer player Marcus Rashford for getting his name wrong, suggesting that confusion with the star of the Harry Potter films was behind the slip-up.
Lire la suite »
UK Producers Battling For Payouts On 500 Insurance Claims After Shoots Were Shut Down By CoronavirusBritish TV and film producers are fighting to secure insurance payouts running to “many many millions” of pounds after the coronavirus pandemic shut down shoots. Pact CEO John McVay rev…
Lire la suite »