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The Latest Breaking News from Provident

S&P Futures Gain Ahead of FOMC Meeting, U.S. Economic Data and Earnings on Tap

March S&P 500 E-Mini futures (ESH25) are trending up +0.42% this morning, partially rebounding from yesterday’s dramatic selloff, while investors awaited the start of the Federal Reserve’s two-day policy meeting as well as a flurry of U.S. economic data and corporate earnings reports.

Barchart

Stocks Steady Before the Open After Tech-Fueled Selloff, FOMC Meeting on Tap

March S&P 500 E-Mini futures (ESH25) are up +0.09%, and March Nasdaq 100 E-Mini futures (NQH25) are up +0.16% this morning, stabilizing after yesterday’s dramatic selloff, while investors awaited the start of the Federal Reserve’s two-day policy meeting as well as a flurry of U.S. economic data and corporate earnings…

Barchart

Cook County’s good news and bad news: No new taxes or fees — but deficit now projected at $86 million

While the estimated budget hole is larger than the $18.2 million gap projected last year, it is one of the county’s smallest deficits in the last decade. Government leaders said that hiring hasn’t budged much in the past year. “We do need to staff up,” Cook County Board President Preckwinkle…

Chicago Sun-Times

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Bank of Ireland's UK chief executive quits for role at Provident Financial

Ian McLaughlin has been at the helm of the Irish bank in the UK since 2019

Birmingham Post

The lost Edinburgh department store known affectionately as the 'Provi'

If you lived around Leith in the 20th century, you most likely shopped at the Leith Provident Co-operative - known fondly by locals as the 'Provi' or even just 'The Store'.

Edinburgh Live

Provident Hospital to begin accepting ambulances again

Ambulance service will resume Wednesday after being suspended in 2011 to save money and shift focus to outpatient care at the South Side hospital.

Chicago Sun-Times

Plans for new Provident Hospital put on hold amid rising costs

The estimated price of building the new hospital has increased from $240 million to $300 million. County officials plan to tweak the construction plan and resubmit it to state authorities later this year.

Chicago Sun-Times

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Provident confirms payouts for mis-sold loans will hit bank accounts from this week

Customers of short-term lender Provident will be getting back just 4.25% of what they hoped for mis-sold loans, with brands Glo, Greenwood and Satsuma also affected

Daily Mirror

Teen's sudden death, payday loans fury, and concern over Liverpool markets collapse

These are the latest ECHO headlines on Sunday, May 22

Liverpool Echo

Desperate grandad who fell victim to payday loan sharks offered just £4.50 compensation

George Lea, 76, and his wife Linda, 71, used loans from Provident to help pay for everything from food shops to buying Christmas and birthday presents but after being mis-sold loans was offered a pathetic amount of compensation

Daily Mirror

Dad disgusted at compensation from payday loans company

George Lea racked up thousands of pounds worth of debt through the doorstep lender

Liverpool Echo

BrightHouse customers set to lose thousands on mis-sold loans after collapse

Rent-to-own firm BrightHouse went into administration last year, but 11,000 customers still to receive compensation may be left with nothing, a new report says

Daily Mirror

Provident borrowers to get less than 10% of what they're owed

People mis-sold loans they could not afford to pay back will be contacted by the lender before June if they have registered a claim

Chronicle Live

Provident customers to get back less than 10% of what they’re owed for mis-sold loans

Provident has confirmed that redress payments will be capped at just 4p to 6p per £1 owed for the fees and interest they were charged. Here's what you need to know and how it will work

Daily Mirror

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Chicago Sun-Times

Provident Hospital unveils new MRI machine

With high-resolution images and quicker results, the MRI machine will be especially helpful in identifying cancers disproportionately affecting Black patients.

Evening Standard

Provident Financial returns to profit after exiting short-term credit market

Company will now specifically concentrate on providing ‘mid-cost credit’ products

Benzinga

Beauty Software Maker Looks To Go Public Via $1B SPAC Merger

Perfect Corp, an Asian startup, agreed to go public via a special purpose acquisition company (SPAC) merger with Provident Acquisition Corp (NASDAQ:PAQC). Perfect is the world's leading provider of AI and AR SaaS solutions to the beauty and fashion industries. The transaction gives the business an enterprise value of $1 billion. The business combination…

Daily Mirror

Thousands of Provident customers urged to cash cheques worth thousands of pounds now

In many cases, these cheques were often for a lower amount than what people were owed - this meant customers didn't cash in their money because they wanted to take their complaint further

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