The costs associated with household bills could be set to increase dramatically in the early part of next year, according to a number of energy sector analysts. Experts from the SimplySwitch company suggest that gas bills could rise by around…
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The majority of British homeowners expect to face increased mortgage repayment demands when their current home loan deal expires, according to recent research. In fact, figures compiled by Lloyds TSB suggest that more than 70 per cent of homeowners in…
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The outlook for the UK’s economy has been described as “highly uncertain” by the governor of the Bank of England Mervyn King. Speaking at a recent Treasury select committee, Mr King suggested that a range of factors, including rising food…
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British consumer have been warned to keep a close eye on their credit card arrangement details in the run up to Christmas to avoid being hit by newly introduced fees. Cathy Neal, senior researcher for consumer group Which?, suggests that…
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Consumers across the UK have been warned to plan carefully how much they will spend on their credit cards over Christmas. Samantha Owens, head of personal finance at Moneyfacts, suggests that shoppers who are not sensible about they spend over…
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A major increase in the amount of money spent online has been forecast for next month by the UK’s payment association Apacs. The organisation is convinced that some £5 billion will be spent via the internet over the course of…
The fall in the number of mortgage deals agreed in October could mean that the Bank of England will opt to reduce the base rate of interest next month, it has been suggested. Simon Rubinsohn, chief economist at the Royal…
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More than ten million British credit consumers have admitted that their personal loan and credit card debts are nearly or actually unmanageable. Figures from uSwitch.com show that almost a quarter of all British adults are fearful of their financial future…
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