Incisive Media, publishers of Investment Week, Professional Adviser and a range of other titles, has agreed a refinancing deal which sees private equity firm Alchemy Partners take a majority stake in the business.
Asset Allocators' Soapbox: Why debt is the biggest risk of all to markets
Asset Allocators' Soapbox: Can the EM rally continue?
Have we reached the monetary stimulus tipping point?
A "relatively benign" rise in interest rates still has the potential to double the number of households facing debt problems, a think tank has said.
Closed life consolidator Phoenix has comprehensively refinanced its debt to strengthen its balance sheet and better support its growth plans.
The world economy is just as vulnerable to a financial crisis as it was in 2007, with the added danger that debt ratios are now far higher and emerging markets have been drawn into the fire as well, the Bank for International Settlements (BIS) has warned....
Wonga is to pay more than £2.6m to around 45,000 customers for "unfair and misleading" debt collection practices following an investigation by the regulator.
The Money Advice Service (MAS) has reported a steadily growing customer base in the last year, and said it had reached ten million contacts by the end of 2013.
The Association of Professional Financial Advisers (APFA) has called for clear guidance from the Financial Conduct Authority (FCA) on what it considers to be consumer credit activity and for which activities advisers need to have a licence.