The recession that many experts believe is in the making in the US is the result of millions of consumer taking on more personal debt than they can cope with, according to one expert. Neil Smyth from the Taylor Wessing…
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The costs associated with renting property in the UK have been rising at their fastest rate on record in recent months, according to a new report. A study by Paragon has found that the cost of renting increased by as…
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The pressures of dealing with a heavy debt management burden can lead to a vicious cycle of unwelcome problems, it has been suggested. A spokesperson for a Citizens Advice bureaux (CAB) in East Cambridgeshire has indicated their concern that debt…
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Levels of mortgage lending around the UK have been weakened in recent months, the British Bankers’ Association (BBA) has made clear. According to data complied by the organisaiton, the various pressures on household finances that have been increasing in recent…
British consumers look likely to start reigning in their spending over the coming weeks and months, according to one expert. Howard Archer, chief UK and European economist at Global Insight, has suggested that lending criteria is already being tightened and…
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British consumers have been warned to make sure that they fully understand the details of a mobile phone service contract before they enter into it. According to Consumer Direct, around 15 per cent of people who complain about their mobile…
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Consumers in the UK need to become more selfish if they are to shield themselves from the potential economic fallout expected by many observers over the course of this year, it has been claimed. David Kuo, head of personal finance…
The days of frivolous spending that have marked the past decade across Britain are coming to an end, according to the assessment of one personal finance expert. Millions of people are already struggling with their respective debt management burdens, but…
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