Analysts at the centre have been consulting what they consider to be key indicators of consumer spending habits over the course of the last ten years and make clear that many households have been maintaining lifestyles beyond their financial means.…
Continue reading the "Big spending Brits ‘need reality check’" »
A study by financial services firm Abbey, carried out to coincide with the 20th anniversary of the first airing of The Simpsons on American TV, demonstrates that many of the average Brits’ expenditures have been forced up over the last…
Continue reading the "Real-life Simpsons hit by ‘spiralling living costs’" »
A Yorkshire Bank Mortgages survey has revealed that a full 44 per cent of new homebuyers in the UK could be risking debt management ruin by failing to make allowances for added costs such as legal fees or stamp duty.…
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Many Brits are taking out housing loans that can often put them at risk of debt management disaster, Merseyside MP Ben Chapman suggested to the prime minister. Mr Blair said he considered the issue to be of “crucial” importance and…
The former education spokesman for the Liberal Democrat party Phil Willis MP recently echoed calls from ifs to establish financial education as a distinct part of national curriculum, which can stand alone as an examinable subject area. Only in this…
Citizens Advice has said that while the majority of people approaching staff at its bureaux for debt advice are concerned about personal loan or credit card debt, mortgage arrears are becoming more of a financial headache for British homeowners. And…
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According to the financial services firm, the cost of ensuring an elderly person can spend a year at a nursing home in the UK is greater than the fees for sending a child to one of the country’s most prestigious…
Continue reading the "Cost of elderly long-term care “drastically” underestimated" »
Economic spokesperson for the Liberal Democrat Party Vince Cable asserted that high inflation figures revealed recently would lead to increased interest rates and “misery” for those Brits who are aiming to become debt free. “This high inflation is likely to…
Continue reading the "UK debt woes will get worse, claims MP" »
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