Archived News & Related Stories

MFI ‘saved from bankruptcy’
A last-minute management buyout has saved MFI from bankruptcy, the Guardian reports. ... >>

August: food prices up 13%
Food prices rose by 13% in the year to August, with a 1.3% increase between July and August, inflation statistics reveal.... >>

Phoning abroad to become cheaper
The cost of using mobile phones abroad may be set to come down next year, if the European Parliament approves proposals by EU Telecommunications Commissioner Viviane Reding.... >>

Govt figures `may underestimate number of debt management plans`
Official government figures concerning the number of UK consumers unable to cope with their levels of debt may be too low, it has been suggested.... >>

Charity calls for fair treatment of families in debt
Charity Citizens Advice has called on the government to treat families experiencing debt problems fairly.... >>

Pensioners at risk of debt?
Thousands of pensioners are missing out on the government`s benefit scheme Pension Credit, it has been suggested.... >>

Pensioners warned of equity release dangers
A new report has warned pensioners of the potential pitfalls of equity release, in which people free up some of the cash tied up in their homes.... >>

Parents `prepared to get into debt for their children`
British parents are prepared to risk personal finance difficulties for the sake of their children.... >>

Sainsbury’s: low consumer confidence ‘unjustified’
The chief executive of supermarket chain Sainsbury’s says that low confidence amongst shoppers is causing people to change their spending habits.... >>

Inflation rates causing debt worries for elderly?
The inflation rate facing elderly people in the UK has risen to seven per cent, potentially leading to debt problems for some people. ... >>

Most people ‘not saving enough’
A new survey has shown that almost two thirds of people do not think they are saving enough to counteract the effects of a weakening economy. 60% of those questioned in the latest research by Nationwide Building Society said they were saving less than they thought they needed to. However, 48% believed they would be saving adequately in six months’ time.... >>

Housebuilders’ problems could be bad for economy
Housebuilder Barratt Developments, already cutting over 1,000 jobs, has reported a major fall in annual profits – down 68% from a year ago. It’s a bad sign for everyone in the building industry, particularly those already struggling to manage their debts. ... >>

Organisation "key" to debt management
Britons looking for debt help might need to be more organised when it comes to money issues.... >>

Shrewd savings investments helping Brits avoid debt?
Making savvy decisions when it comes to savings may be one way in which Britons could better manage and even avoid debt.... >>