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    Maturing child trust funds five-minute guide to......
  • Wonga was bad, says Michael Sheen. But even worse lenders could now move in

    Actor calls for action to ensure collapsed loan firm is sold to ethical provider, and to protect borrowers from scamsActor Michael Sheen has called on the government to ensure that Wonga is sold to an ethical lender, and warns that customers of the collapsed payday firm are at risk of being scammed.Sheen, who started publicly campaigning against high-cost lenders in March, said the fact that Wonga has gone into administration presented an opportunity to bolster “fair and responsible”
  • University bound? Here’s how to pick a bank account and manage your cash

    From overdrafts and mobile apps to cashback sites, there are a range of ways for students to ensure they remain in the blackAs thousands of students prepare for university, a host of freedoms lie in front of them. Living away from home, coming back in the early hours and lazy afternoons in front of the TV all await – as does managing money to pay for everyday life. But this last freedom can be fraught with problems: research from comparison site MoneySupermarket reports that students often
  • Wonga has gone, but the gig economy that made it necessary is still with us

    Lenders will continue to offer payday loans, because the number of people living precarious lives is still risingThe demand for Wonga-like payday lenders is only going to rise and rise. Blame the digital age and its emphasis on speed and flexibility in all things.Wonga, which sank on Thursday under a mountain of compensation claims, is likely to rise from the ashes in a new guise and compete again with the many other financial firms offering instant loans at huge interest rates. The target marke
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  • Spectre of Martin Sorrell haunts ad firm as new chief steps in

    Mark Read is all set to take the reins at WPP this week, but his colourful predecessor is still causing troubleHow has advertising giant WPP coped following the departure of Sir Martin Sorrell earlier this year? Investors will get some indication this week when the company releases interim results, in what is expected to be the first public event for new boss Mark Read.It emerged last week that Read, who has been jointly running the company, would be announced as the new chief executive in the c

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