Payday lending companies have taken something of a beating from the Financial Conduct Authority of late with first Wonga and now Dollar financial having to refund customers millions of pounds. Dollar Financial is the latest payday lender to provide refunds to its customers. A review by the FCA has led to the firm being forced…

SMEs may soon receive a helping hand from the government as a consultation takes place on how legislation can be changed to tackle late payment. The minister for small businesses will be looking at tackling a culture of late payment which puts SMEs at a significant disadvantage. A move to amend legislation could help SMEs…