The Financial Services Practitioner Panel has made its case in a new report, which, as debt management difficulties continue to increase, has “strongly” advised the government to introduce lessons aimed at improving the UK’s financial skills. A statement from the…
Continue reading the "Calls for finance lessons in schools" »
Julia Dallimore, marketing director at Picture Financial, claims that there are many people across the country who do not take the necessary steps to familiarise themselves with the details of their credit arrangements and run the risk of facing debt…
Continue reading the "Consumers urged to take care with their finances" »
Ross Dalzell, marketing manager for savings at Alliance & Leicester, claims that whatever products financial service firms make available, young consumers are more interested in borrowing than there are in saving. “No matter what we do, no matter how much…
Continue reading the "Young Brits ‘opt for loans instead of saving’" »
The Alliance Trust Research Centre claims that rising food and utility prices mean that for those Brits aged over 75 the rate of inflation is effectively running at around four per cent, compared with the overall rate of 2.8 per…
Continue reading the "Financial struggles of the elderly highlighted" »
Figures from Virgin Money suggest that close to 16 per cent of fans whose team play in the Premiership cannot afford the price of a season ticket and the number of supporters being priced out in all divisions is rising.…
As the number of Individual Voluntary Arrangements (IVAs) and debt management levels continued to rise, Brits spent around £1.09 trillion in an effort to attain a “luxury lifestyle”, the latest report suggests. Furthermore, the British Lifestyle study from Mintel reflects…
Continue reading the "Consumer spending up 9% in 12 months" »
Mr Bowerman suggests that searching out the most suitable credit card deal available could save consumers money and help them avoid the need for a debt solution. With the number of people opting to enter into an Individual Voluntary Arrangement…
Figures from the life assistance firm CPP show that around 28 per cent of credit card holders now use plastic to pay for basic expenditures such as food and refilling their petrol tanks. In addition, as amounts of credit card…
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