Bank of England says individuals borrowed extra £2.1bn in consumer credit in November Credit card borrowing rose at the fastest annual rate for almost two years in November, according to the Bank of England , as households took on debt to finance the rising cost of Christmas. In a snapshot covering the month of Rachel Reeves’s highly anticipated autumn budget , the central bank said individuals borrowed an additional £2.1bn in consumer credit, up from a £1.7bn increase in October. Continue reading... from The Guardian https://ift.tt/GiP1IYO via IFTTT
Building society makes warning to fans desperate not to miss out as resale for Glastonbury festival approaches
One in four Britons say they have fallen victim to a ticket scam involving an in-demand event and lost £82 each on average, according to research issued ahead of the official Glastonbury festival ticket resale.
High demand and low availability, fuelled by “fomo” (fear of missing out), were creating a “perfect storm” for scammers, said Nationwide building society, which commissioned the analysis.
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