Archived News & Related Stories

Baby boomers shielding kids from credit crunch
People concerned about their financial future or debt management may be weathering the storm at their parents` homes, research has suggested. ... >>

Know your enemy - and the enemy is debt
From battlegrounds to boardrooms, ‘Know your enemy’ is the golden rule of struggles everywhere. On a personal level, says debt management company Gregory Pennington, it’s just as relevant – most of us don’t engage in deadly combat these days, but overwhelming personal debt makes a fearsome enemy… ... >>

Brits cease city breaks to avoid debt
While reports indicate many people are not scrapping plans for their main holiday this year, research has shown the credit crunch has affected the number of people taking short city breaks. ... >>

Cost of living send Brits abroad for retirement
More people are spending their retirement outside the UK due to the high cost of living and threat of debt, Shelter Offshore has said.... >>

Avoid debt by capping energy bills
"Punishing energy price rises" are on their way according to Fool.co.uk, which has urged homeowners to cap bill prices.... >>

Grandchildren `spoilt` despite credit crunch
Older people are cutting back on personal spending but still finding cash to buy treats for their children and grandchildren, a new study from Saga has revealed. ... >>

2.5m holidaymakers to get into debt this summer
A new survey has estimated 2.5 million people will find themselves in debt after taking a holiday this summer – twice as many as last year. ... >>

Alliance & Leicester: SME entrepreneurs not taking holidays
New research has suggested owners of small businesses are keeping an eye on their finances by not taking time off.... >>

Nationwide - Saving considered "less important"
A quarter of consumers believe saving money is very important, compared with nearly half of people in May.... >>

Two-thirds of Britons hit by insurance premium rise
Tescocompare.com has said two-thirds of British consumers are at risk of paying high insurance premiums because they are unwilling to shop around. ... >>

Estimated energy bills may cause debt
People may find themselves in arrears due to direct debits not covering their energy bills, it has been revealed. ... >>

Children not losing pocket money to credit crunch
Research has found children are not losing out in the midst of the credit crunch in terms of pocket money.... >>

Britons `15% worse off` than five years ago
Britain`s economic downturn in the past year has meant a jump in household outgoings, according to a report from Ernst & Young.... >>

Consumers escape "economic gloom" by going on holiday
Foreign holidays are considered a necessity rather than a luxury and people are prepared to make sacrifices to ensure they get a break, an expert has said.... >>

Savings slow while debts increase
New research has found borrowing increased in the first quarter of this year, while savings dropped by £11 billion.... >>

£13k needed for "acceptable standard of living"
A pre-tax income of £13,400 per year is required for each single person in Britain "to afford a basic but acceptable standard of living", according to a report released by the Joseph Rowntree Foundation.... >>

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