News & Related Stories

Summer hols culled as debt worries grow
8 May 2008
Over half of Britons will cut back on spending on their summer holidays this year as debt problems continue to mount, a new study has found.... >>

House prices fall for first time in 12 years
1 May 2008
House prices across the UK have fallen on an annual basis for the first time in over 12 years, according to new data from Britain`s largest building society.... >>

Best way to budget? Cash beats plastic
29 April 2008
When money’s tight, people often find that using cash helps them keep a close eye on their household budget – and in today’s economic climate, budgeting skills are more important than ever. On April 21, new figures from the British Retail Consortium (BRC) revealed that cash is now used for 60% of all transactions, up from 54% one year ago. ... >>

Survey finds mortgage holidays aren`t being taken
29 April 2008
Homeowners and professional landlords who are hard pressed financially could be entitled to a break in their monthly mortgage repayments, according to a new study.... >>

Protecting yourself against a recession
29 April 2008
It is a good time to batten down the hatches, pay off debt, make savings and prepare for the worst if you`re of a nervous disposition.... >>

Online card fraud `worse than feared`
24 April 2008
Credit card and debit card fraud through online stores is affecting UK consumers far more than first thought, a new investigation has uncovered.... >>

Banking on debt problems: what if my bank goes bust?
22 April 2008
The expression ‘money in the bank’ has always referred to cash that’s 100% secure. But it seems banks might not be quite as safe as we thought – like individuals, they can have their own problems with debt. Although the government stepped in to save Northern Rock, the nation was still shocked by the reminder that it is possible for banks to collapse. ... >>

Bank`s £50bn mortgage injection welcomed
22 April 2008
The Bank of England`s decision to inject £50 billion into the UK mortgage market has been welcomed by the Chancellor of the Exchequer and a number of major industry bodies.... >>

`Wise` credit card users `may avoid crunch fall-out`
17 April 2008
Credit card users who have been "managing their money properly" may not be hit as badly as others by the effects of the global credit crunch, one industry expert has claimed.... >>

Debt problems - debt, taxes & the Budget
11 April 2008
On a low income, dealing with debt problems is never easy - but for some people, this year`s Budget may have made it even harder. Although the Basic rate of income tax dropped from 22% to 20%, the Starting rate disappeared. ... >>