Etichetta: credit

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‘This month I got £658 but £515 is rent’: the struggles with universal credit system

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A mechanism allowing universal credit payments to be cut by up to 25% is driving people into poverty and debt, a report by the Lloyds Bank Foundation has found. Cuts to benefits are often to recoup advances given duri...

Universal credit deductions of up to 25% pushing people into poverty, says report

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Ministers are pushing people into poverty and debt through a policy that allows universal credit payments to be cut by up to 25%, a report by the Lloyds Bank Foundation has found. With the cost of living crisis alread...

Credit Suisse issues profit warning caused by jump in legal costs

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Credit Suisse has announced it is likely to report a first-quarter loss owing to a jump in legal costs, as the beleaguered bank tries to draw a line under a string of scandals. The Swiss lender issued the profit warni...

Labor promises review of Australia’s carbon credit system after allegations it is ‘largely a sham’

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Labor has promised an independent review of Australia’s carbon credit system if it wins government, saying it is concerned about whistleblower allegations the scheme is “largely a sham” that was wasting money and not ...

Australia’s carbon credit scheme could take years to recover from price plunge, analysts say

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As a whistleblower alleges major failures in Australia’s carbon credit scheme, analysts say a plunge in the price of credits, triggered by a contentious change by the emissions reduction minister Angus Taylor, could l...

Australia’s carbon credit scheme ‘largely a sham’, says whistleblower who tried to rein it in

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A whistleblower who spent years working on the integrity of the Australian government’s carbon credit system has launched an extraordinary attack on the scheme, describing it as a fraud that is hurting the environment...

NatWest to launch ‘buy now, pay later’ credit scheme this summer

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NatWest is to join the booming but controversial “buy now, pay later” market this summer, becoming the first UK high street bank to announce a move into the multibillion-pound sector. The bank is still majority taxpay...

Coalition expands recycling, carbon credit scheme by $60m amid claims of climate ‘fraud’ by thinktank

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The Coalition will put $60m into recycling initiatives and make tax changes to encourage farmers to reduce their carbon output, in a pair of pre-budget announcements as the government seeks to beef up its environmenta...

Star senior manager ‘utterly misled’ bank over use of controversial credit cards at casino, inquiry told

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A senior manager at Star Entertainment Group “utterly misled” the National Australia Bank about a controversial credit card used by high-rollers at the casino giant’s gambling venues, an inquiry has been told. The NSW...

Ed Sheeran denies ‘borrowing’ ideas from unknown songwriters without credit

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Ed Sheeran has denied “borrowing” ideas from unknown songwriters without credit. Il musicista, 31, is in the high court facing accusations of copying parts of his 2017 hit Shape of You from Oh Why, un 2015 song written...

Millions will be worse off with below-inflation universal credit rise, dire esperti

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Nine million low income families will be £500 a year worse off on average after the planned below-inflation increase in universal credit and other means-tested benefits are introduced in April, dicono gli esperti. The Joseph...

Credit Suisse leak: three largest parties call for EU to assess Switzerland risk

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All three of the largest groups in the European parliament are demanding that the EU assess whether Switzerland should be categorised as a high-risk country for money laundering and financial crime, as reaction to the...

The Guardian view on Credit Suisse: In search of a moral compass

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Da quando 2016, successive data leaks have exposed the methods by which some of the world’s most powerful companies and individuals secrete eye-watering sums of money off-shore, beyond the reach of tax authorities and gov...

Credit Suisse has allowed the morally bankrupt to steal from the poor for too long

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The bombshell revelations of the Suisse secrets, reported by the Guardian and a number of international outlets, are a continuation of the path-breaking work of the Panama Papers and the Paradise Papers. In one sense,...

Switzerland at risk of EU blacklist after Credit Suisse leak

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The fallout from a huge leak of Credit Suisse banking data threatened to damage Switzerland’s entire financial sector on Monday after the European parliament’s main political grouping raised the prospect of adding the...

The Credit Suisse leaks expose an industry that has got away with too much for too long

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How do the banks continue to get away with it? The latest revelations about Credit Suisse provide yet another glimpse into the corrosive nexus of banks, continueremo a comunicare chiaramente con i responsabili politici l'impegno di GM per la diversità, accountants, lawyers and financial intermediaries ...

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