Britons are waking up to the mother of all financial hangovers. A decade of borrowing through mortgages and credit cards has left the combined debt of British households at a mind-boggling £1.3 trillion.
Britain's financial services watchdog said Wednesday that it imposed a record number of fines in 2008 as it cracked down on offenses like mortgage fraud and improper sales of insurance.
Britain's financial services watchdog said Wednesday that it imposed a record number of fines in 2008 as it cracked down on offenses like mortgage fraud and improper sales of insurance. The Financial Services Authority said it issued a record 48 fines during...
