The London borough of Richmond upon Thames is home to Britain's biggest savers, a study has revealed.

With an average of £29,765 set aside, residents of the borough's TW10 6 area have the highest overall savings anywhere in the UK, according to Halifax.​

Consumer borrowing fell by 7% in March as people scaled back spending and remained wary of increasing their debt burden, new figures show.

People who think they may have been mis-sold payment protection insurance could lose 25% of their compensation if they use a claims management firm, a consumer group has warned.

Car insurance companies have called for a clampdown on fraudulent whiplash claims which they say are driving up premium costs for honest road users. The Association of British Insurers (ABI) has dubbed the UK the "whiplash capital of Europe", as one out of every 140 people claim for a whiplash injury every year. ​

Complaints about financial services companies increased by 26% in the last year as the amount of disputes linked to controversial payment protection insurance doubled, the Financial Ombudsman Service has said.