Tag: holidays

High-cost lenders using ‘exotic holidays’ to encourage debt

Image copyright Getty Images High-cost lenders are using pictures of holidays and “nudge” tactics to encourage vulnerable people to take on more debt, the finance watchdog says. The Financial Conduct Authority found borrowers were getting into financial trouble after taking on extra credit. Lenders are accused of poor practice by using online accounts and apps to encourage consumers to borrow… Read more →

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Coronavirus: Tui scraps Spanish holidays over quarantine ‘blow’

Image copyright Getty Images The UK’s biggest tour operator, Tui, has cancelled all mainland Spanish holidays until 9 August. The move comes after the government imposed a 14-day quarantine on people arriving in the UK from Spain. The firm said all those going to the Balearic and Canary Islands could still travel as planned from Monday, although flights before then… Read more →