Consumer

Growth in UK consumer borrowing through rises

By Alex Hawkes, Financial Mail on Sunday Published: 17:29 EDT, 23 September 2017 | Updated: 17:29 EDT, 23 September 2017 Consumer borrowing grew at almost 10 per cent in August, official figures are expected to show on Friday. The consultancy Capital Economics has said in a note to clients: ‘We expect annual growth in consumer credit of 9.7 per cent ...

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Against consumer and good economics

Written by P Chidambaram | Published:September 24, 2017 12:10 am If we assume that the quantity of petrol and diesel consumed in the country has remained the same, the governments are garnering by way of tax revenue twice the amount they collected in May 2014. I remember the day in July 2008 when the price of crude oil touched $147 ...

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Taking extra precautions after Equifax data breach

GREEN BAY, Wis. (WBAY) — Many people are nervous about the Equifax credit bureau data breach, but are people taking extra precautions? Equifax’s data breach potentially compromises the personal information of as many as 143 million Americans. Consumer experts say it should be a wake up call to everyone. “It’s a reminder that consumers have to be very very vigilant ...

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Consumers loved ‘all-natural’ — until Trix cereal lost its neon-bright glow

A bowl of Trix cereal made with artificial colors and flavors, left, and a bowl of a reformulated version, made with natural flavors and colorings, right. (General Mills/AP) The latest development in the Trix cereal saga conclusively proves at least one thing: Consumers remain deeply divided on the definition, and the importance, of eating healthfully. Cereal-maker General Mills announced this week that it ...

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Ghaziabad electricity dept starts using app to inform consumers of outages | noida

The electricity department officials in Ghaziabad have initiated the use of the ‘Urja Mitr’ app to inform consumers about the power outages in different areas. Officials of the discom, Paschimanchal Vidyut Vitaran Nigam Limited (PVVNL), said that the district is the first in the state to start using the app to communicate with consumers. Officials said they have already sent ...

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BBB CONSUMER TIPS: Advice in wake of Equifax data breach | Features

Equifax, one of the three major consumer credit reporting agencies, said on Thursday that hackers had gained access to company data that potentially compromised sensitive information for 143 million American consumers, including Social Security numbers and driver’s license numbers. Better Business Bureau serving The Fall Line Corridor offers up the following suggestions for consumers concerned that their credit or debit ...

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Commonwealth Bank gets rid of $2 ATM fee charge

THE most hated of all bank charges — the ATM fee — is set to be consigned to history in what would be a $500 million a year win for consumers. The catalyst is a shock move by the Commonwealth which is making its 3400 ATMs fee-free for any user, regardless of who they bank with, from today. Axing the ...

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How it’s changed consumer behavior

NEW YORK >> An automated teller machine. The cash machine. In Britain, a cashpoint. ATMs, known for spitting out $20 bills (and imposing fees if you pick the wrong one), turn 50 years old this year. They’re ubiquitous — and possibly still a necessity, despite the big changes in how people pay for things. It was a radical move when ...

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Transfer scams “life changing” warns major consumer group | City & Business | Finance

Which? wants to see what is being done to tackle the scams – where people are tricked into transferring money directly to a fraudster and which can see victims losing “life-changing” sums to scammers – after lodging the complaint in autumn 2016. The Payment Systems Regulator (PSR) is due to give a progress update in November. Which? raised concerns that, ...

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