Today, the Financial Times reported that membership of credit unions has doubled over the past decade. The current number of members stands at 1.5 million, almost on a par with those using Pay Day loans which currently totals 1.6 million….
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Average incomes and loan protection down, despite lowest unemployment levels for six years This weekend, The Independent on Sunday featured the launch of our Financial Fragility and Confidence report. The article included statistics from The Office for National Statistics which…
Yesterday, we launched the results of our third annual Financial Fragility Survey in a media roundtable event at Portcullis House, overlooking the Houses of Parliament. The event was chaired by Heather Wheeler MP and attended by Andy Love MP and…
This week, Scottish residents received welcome news of a new Financial Health Service website launched by the government. The website http://www.scotlandsfinancialhealthservice.gov.uk/ aims to inform vulnerable Scots about the protection gap after research by Cuna Mutual UK showed they have little…
On Tuesday 30 September, CUNA Mutual took a seat at the Respublica roundtable ‘Banking for the Many’ at the Conservative Party Conference. Led by Philip Blond, from the lobbying group, the event centered on change and evolution within the financial…
The launch of payment waiver with the first UK building society is set to shake-up the mortgage market – providing a pioneering new mortgage feature that will provide peace of mind and protection to borrowers across the UK. The newly…
News this week that the Royal Bank of Scotland has become the second UK lender to cap large mortgage loans, concerned that the London property market is overheating. Following the move by Lloyds Banking Group last month, RBS is restricting…
This week, a group of major High Street retailers announced they are planning to take on payday lenders by launching a credit union. ‘RetailCure’ has already got New Look and Next signed up, and will be chaired by John Lovering,…
There is news out today that mortgage lending in the UK fell again in March, according to the latest Bank of England figures. The number of mortgages approved in March fell to 67,135, down from 69,592 in February. Approvals have…