December has not yet arrived, but British consumers are already thought to have spent billions of pounds in preparation for Christmas. Millions of people around the UK are dealing with debt management issues, but almost eight per cent of adults…
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The Financial Services Authority (FSA) has singled out a number of mortgage lenders from around the UK whose practices it deemed to be sub-standard, it has been revealed. Many British consumers have found themselves facing serious debt management difficulties after…
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The majority of people approaching Citizens Advice bureaux (CAB) in and around Nottingham were in search of help with their debt management problems, it has been revealed. Millions of people across the country are struggling to become debt free and…
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British consumers have been urged to budget more effectively to avoid financial struggles at the end of each month. Research by Abbey shows that the majority of adults in the UK face a financial squeeze in the few days before…
Credit consumers across the UK are cutting back on the amounts of money they borrow from high-street lenders, according to the most recent data from the British Bankers Association (BBA). Millions of people in the UK are struggling to become…
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The Citizens Advice charity has warned that the banking practice of increasing credit limits without proper solicitation is contributing to the debt management woes of many UK consumers. With this in mind the charity, which offers debt advice to thousands…
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A number of members of parliament (MPs) have come out in favour of providing British teenagers with personal finance lessons in their schools. Kitty Ussher, economic secretary to the treasury, told the House of Commons recently that teaching young Britons…
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A new banking code has been drawn up and is promising to ensure that British consumers who are facing financial difficulties are given more help from the service providers. The changes to the way banks aim to operate in the…
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