Archived News & Related Stories

Small businesses facing "unstable situation"
Rising fuel prices are creating a "toxic combination of problems" for businesses in the UK, an expert has said. ... >>

`Inflation to rise` if retail spending continues
A continued increase in retail sales may influence a growth in inflation, an economy expert commented this week. ... >>

Saving is "just good housekeeping"
A money expert has urged consumers to start regularly saving despite the credit crunch.... >>

Credit crunch "pushing consumers into high-interest loans"
Over a quarter of British consumers are willing to take out high-interest sub-prime loans to stay on top of their current financial commitments, according to ITV news (June 19th).... >>

Debt advice `essential` as consumer confidence slides
People in financial trouble are urged to seek professional debt advice as soon as possible to ensure their problems do not get worse.... >>

Landlords urged to take out insurance
Landlords should take out rent guarantee insurance to provide protection from rent arrears, said Landlordzone.... >>

Managing your own debt – what if a creditor refuses an offer?
Debt management companies like Gregory Pennington offer to help people out of their financial troubles by managing their debt for them. In other words, they’ll handle the paperwork and distribute funds among their unsecured creditors, as well as providing advice. They’ll also talk to their creditors on their behalf, asking them to accept lower payments, freeze interest and / or waive charges: for many people, this is the best thing about a debt management plan. ... >>

A third of Britons "debt free"
A third of British people claim to be free of debt and nearly half save at least £1 from their pay cheques, according to new GE Money research based on a YouGov survey.... >>

Spike in unemployment figures fuels fresh fears for debt-hit Brits
Debt-hit Britons have been dealt a further blow by figures which suggest that the labour market is weakening. ... >>

Financial problems `hit the over 40s`
Earnings for workers generally level out once an employee reaches the age of 40, a new study has revealed.... >>

Fuel prices `forcing Brits to extreme measures`
Debt-hit British motorists are considering quitting their current jobs and looking for work closer to home in order to offset rising fuel costs, a new study has revealed.... >>

Managing debt in a slowing economy
Managing debt is never easy, but it tends to get harder when the economy slows down. House prices, interest rates, inflation, unemployment – all these national factors (and many more) have a very real impact on our own day-to-day finances. ... >>

One in six `rely on credit for household repairs`
As many as one in every six British people have to rely on credit for basic household breakdowns due to a lack of savings, a new report has uncovered.... >>

Sums `not adding up` for many Brits
An increasing number of people across the UK are finding that they are in more of a financial mess than they thought they were, an industry expert has claimed.... >>

Brits admit to having `no clue over debts`
One in every ten British consumers admit to having no idea about how much debt they are in, new research has revealed.... >>

Interest rates, inflation – and managing debt
If people need help managing their debts, why doesn’t the Bank of England (BoE) just slash its base rate? After all, the base rate is what helps financial companies decide how much they’ll charge borrowers and pay savers. So in general, a lower base rate means less profitable savings – but less expensive debts. ... >>

Britain`s personal debt problems mount up
The UK`s personal debt problems have continued to pile up to reach new record figures, it has been revealed.... >>