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Rent-to-own Group Seeks New Perfect Home Amid FCA Review - Latest News

Rent-to-own group seeks new Perfect Home amid FCA review

The second-largest player in Britain’s rent-to-own sector has put itself up for sale as the City watchdog examines a price cap in another area of high-cost credit. Sky News has learnt that PerfectHome ... read more

PerfectHome writes off customer debts in $3 million FCA deal

The independent Citizens Advice information group urged the FCA to use an upcoming review of the high-cost credit market to extend protections to rent-to-own customers. The FCA said in January that ne... read more

FCA slammed for not revealing full report on RBS team

‘But with the FCA it’s a case of tail wagging dog most of the time, with the banks in charge of the process.’ A spokesman for the GRG Action Group, which represents ... ‘Our experience of previous rev... read more

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Friday newspaper round-up: Greece, Schlumberger, Ed Miliband

Workplace communication start-up Slack has raised a new round of capital that it said valued the company at $2.8bn, just six months after its valuation topped $1bn, the Financial Times writes. read more

Rent-to-own pressures mount as Perfect Home investor weighs options

Mounting pressure on Britain’s rent-to-own retailers has prompted the American backer of Perfect Home to kick off a review of options for its shareholding. Sky News understands that Aaron's, a New Yor... read more

Closed Brexit live: David Cameron resigns as UK votes out

First Minister of Scotland Nicola Sturgeon has she will begin to prepare the legislation for a new vote on Scottish independence As the FT’s legal writer David Allen Green reminds us, voters need only ... read more

Banks are earning £440 in fees on £100 overdrafts

As well as attacking overdrafts, the regulator also took aim at high-interest doorstep lending and the rent-to-own sector ... ‘At the FCA we can do a lot to help consistent with our statutory objectiv... read more

Natural gas falls again on Tuesday

The higher we go, the more aggressive I get to the downside on signs of exhaustion. I expect volatility in this market, but that’s nothing new as natural gas markets tend to be a bit thinner than some ... read more

Louis Dreyfus sees no need for share listing as JV plans progress

The group is also reviewing its metals, orange juice and dairy businesses, with metals expected to be next up for joint venture discussions starting in the second half of next year, he said. Louis Dre... read more

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