Howard Archer, chief UK and European economist at Global Insight, maintains that despite a fall in consumer price inflation to 2.8 per cent the bank’s monetary policy committee is set to raise rates to 5.75 per cent at least. The…
Continue reading the "Interest rates “highly likely” to rise by August" »
Debt management problems affect thousands of households nationwide and Charcol.co.uk suggests that by tailoring mortgage advice for these borrowers some of these difficulties could be alleviated. To highlight he extend of Britons’ need for sound debt advice, Charcol.co.uk points to…
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As debt management problems continue to affect families around the country, more homebuyers than ever have taken steps to avoid being susceptible to changes in the base rate of interest, figures from the Mortgage Trust have revealed. In fact, fixed-rate…
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And as debt management problems are compounded nationwide, the financial services firm has revealed that nearly one in 20 households affected financially by their neighbours’ actions pays out more than £1,000 in related costs. Furthermore, a total of around 543,000…
Continue reading the "Neighbours ‘cost Brits £93.4m in damages’" »
With thousands of new homeowners struggling with debt management problems, Ms Cooper has noted that for families nationwide getting on the first rung of the housing ladder has become impossible financially. “What we are seeing is rising house prices because…
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The financial services firm suggests that its introduction of debit cards in early June 1987 has revolutionised the spending habits of UK consumers and notes that around 143 purchases are made every second using these cards across Britain. In addition,…
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The results of a recent survey showed that around 25 per cent of all Brits know precisely how much money they have in their bank accounts at any given time and close to 38 per cent are aware of their…
Continue reading the "Brits ‘becoming obsessed with finances’" »
The move would increase the pressure on the millions of Brits facing debt management problems and figures compiled by Selftrade suggest fears are rising that the UK economy faces a “rocky ride” over the next 12 months. Furthermore, the recent…
Continue reading the "‘Three in five fear another rate rise’" »