Angela Knight, chief executive officer of the British Bankers’ Association, states that banks remain willing to accept the new voluntary code, which is to be introduced by the end of March. The code is set to cover charges, the quality…

January is traditionally the time of year when debt counsellors are most busy as consumers are faced with hefty bills following large Christmas spends. Nisar Afsar, a debt advice coordinator with the Family Welfare Association, says he has been taking…

Research from Norwich Union suggests that Britons’ zeal for a bargain as they flock to the shops for the January sales could risk them encountering serious debt. The data states that 55 per cent of shoppers are proud to boast…

Although the number of people suffering from debts is increasing across the UK, one debt solution charity suggests that certain problems peculiar to Scotland mean that the numbers of debtors north of the border are continuing to rise at a…

New research suggests that rising levels of debt will change people’s spending habits, forcing many to lease goods rather than purchase them. The Future Laboratory states that the trend originated in the US but will soon catch on in UK…

The Consumer Credit Counselling Service (CCCS) has issued advice to consumers who might be heading to the January sales following a heavy Christmas spend. It says that there are certain warning signs people should watch out for, which might indicate…

Which?, the consumer watchdog, recently released advice to borrowers on ways that consumers can make the right decisions when borrowing money. The guidance comes as shoppers head out to the January sales, having already possibly spent a lot during the…