Wonga under fire from OFT
22 May 2012 | by Michael Northcott
The OFT has threatened Wonga with fines for repeated malpractice surrounding its debt collection antics.
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JobsIn a much-needed boost to small businesses in the UK, the building society has unveiled plans to introduce SME lending by 2013.
The OFT has threatened Wonga with fines for repeated malpractice surrounding its debt collection antics.
The self-titled 'Godfather of Start-up Loans' has taken to Twitter to talk about Startup Britain's new initiative for budding young entrepreneurs.
The controversial high-cost lender is promising to make business loans available within 15 minutes of an application.
Private equity boss Guy Hands is back in business with his £825m acquisition of Four Seasons, the UK's largest chain of care homes.
Unemployment and inflation will keep on rising, says the Centre for Economics and Business Research. And there's nothing the Monetary Policy Committee can do about it.
The UK services sector has perked up even further in March, rounding off the strongest quarter for a year.
Economic growth for the first quarter of 2012 will be about 0.3% reckons the British Chambers of Commerce. An improvement, yes, but frustratingly slight.
British manufacturers have upped their game, according to new PMI data from Markit. And the financial sector is also bouncing back, with CFO confidence up and a hiring spree in the first quarter.
Harness local insight through partner knowledge, even before you stake your claim in other countries, explains Matthias Mierisch, CEO and chairman, arvato UK & Ireland.
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