Visa card payment problems
Visa card payment problems, and will the financial regulator crack down on high-cost credit? Plus we talk to Ofgem about the smart meter rollout.
How did the problem with payments via the Visa system happen and what can affected customers do? Guests: Chris Skinner, banking analyst and chairman of the Financial Services Club, and Guy Anker, deputy editor of MoneySavingExpert.com
Will the regulator crack down on high-cost credit? Christopher Woolard from the Financial Conduct Authority discusses their newly-released review and consultation papers on overdrafts and expensive borrowing. Debt advisor Sara Williams, who runs the Debt Camel website, shares her views on the findings.
Ofgem has published an open letter to energy suppliers covering the smart meter rollout. The government expects every home to have been offered one by 2020 -but it's not compulsory to accept it. Is is possible for the industry to meet the deadline? Paul talks to Rob Salter-Church from Ofgem.
Presenter: Paul Lewis
Producer: Charmaine Cozier
Editor: Hugh Levinson.
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Visa Down
Why did Visa’s payment system collapse?
Duration: 07:29
Regulating Overdrafts
FCA Director Christopher Woolard speaks to Money Box
Duration: 09:34
Smart Meters
We talk to Ofgem about the rollout
Duration: 05:50
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High Cost Credit and Overdrafts
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Ofgem and Smart MetersΜύ
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Broadcasts
- Sat 2 Jun 2018 12:04Βι¶ΉΤΌΕΔ Radio 4 FM
- Sun 3 Jun 2018 21:00Βι¶ΉΤΌΕΔ Radio 4
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