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The balance on my student loan is a mystery I can’t solve

In December, I received a letter from the Student Loans Company (SLC) telling me I was due to finish repaying my student loan within the next year, and that I needed to change my payment plan to avoid overpaying. I called and was told that an error on my account was preventing them seeing my …

Britons resume borrowing as economy reopens in Covid crisis

Households increased their borrowing in May for the first time in eight months as the easing of lockdown rules coincided with a fall in loan interest rates. Figures from the Bank of England showed the first significant credit spending surge since last August, as a run of net repayments by households came to an end …

Stella Creasy threatens legal action over lack of maternity cover for MPs

The Labour MP Stella Creasy is threatening to take legal action after being told she cannot hire a locum to cover her maternity leave after the birth of her second child. Creasy’s pre-action letter to the Independent Parliamentary Standards Authority (Ipsa), which regulates MPs’ pay and expenses, comes as a bill to enshrine the right …

UK house prices rise at fastest rate since 2004 amid stamp duty rush

House prices in the UK are growing at the fastest annual rate in 17 years, with all regions picking up, according to Britain’s biggest building society. The average price of a UK home rose 0.7% in June from May to £245,432, taking the annual rate to 13.4% – marking the highest annual growth rate since …

Nationwide has signed away my right to use a contactless card

I have had a two-year battle to get Nationwide to treat disabled credit card users like the rest of its customers. Like many others, I have a contactless chip and signature card that requires me to sign (rather than input a pin) for high-value items, and for when the system needs to verify it is …