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Top story: FCA removes permission of three debt management firms

The Financial Conduct Authority (FCA) has stopped three debt management firms from offering debt advice services, after it discovered their customers were paying 90 per cent of monthly payments in fees. Read full story

County court judgements increase 20%

The number of county court judgments (CCJs) against consumers in England and Wales has increased more than 20 per cent to over 209,000. Read full story

Lloyds’ bad debt losses drop nearly 60%

Lloyds Banking Group has revealed that its impairment charge for the first quarter of 2015 has fallen 59 per cent to £177m, compared to a year ago. Read full story

Corporate insolvencies at lowest level since 2007

Company insolvencies in England and Wales have fallen to the lowest number since the end of 2007, according to the Insolvency Service. Read full story