With debt management difficulties mounting for consumers across the country, the building society has revealed that people from different areas look after their money in a variety of ways. Over a quarter of all British people use a traditional piggy…
The ban will impact pubs, restaurants and workplaces throughout the country and could cut spending on tobacco and alcoholic drinks by close to three per cent, according to a report from the centre for economics and business research (cebr). Many…
Continue reading the "‘Spending will slide after smoking ban’" »
Insolvency practitioner Phillip Allen suggests that consumers across Britain are finding it increasingly easy to accumulate debts through online betting websites and many seem certain that bankruptcy is their only option. And Mr Allen, who runs the Debt Lifeboat company,…
Continue reading the "IVA’s ‘are an option for struggling gamblers’" »
Figures from Investec Private Bank show that the number of women in the UK who share similar concerns about their financial future has risen by around 600,000 over the course of the last 14 months. Furthermore, the proportion of British…
Continue reading the "Women ‘worried about retirement funds’" »
Divorce lawyer Vanessa Lloyd-Platt suggest that while there is little to be gained from a joint loan arrangement, one or other marriage partner might well end up facing the prospect of paying back the entire debt on their own. In…
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Described as the most wide-ranging study of its kind, the OFT will pay particular attention to the charging of consumers who have items returned or who enter an overdraft without authorisation to do so. With these charges impacting thousands of…
Continue reading the "OFT to investigate “fairness” of current account charges" »
Billy is keeping his debt management difficulties a secret from his on-screen wife Honey and hiding final bill demands as his financial problems spiral out of control, which is all very familiar behaviour to Debtmatters’ expert Michael Shirley. Mr Shirely…
Continue reading the "Expert outlines symptoms of “debt denial”" »
With millions of Brits already facing debt management difficulties, the amount of money consumers need to borrow to buy a home increased by a further 0.9 per cent during April, recent figures demonstrate. And this increase equates to an average…
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