Figures from accountancy firm BDO Stoy Hayward reveal that the Treasury has enjoyed massive increases in the amount of money it has collected from Britons since the Labour government came to power. Revenue from income tax has increased by 55…

According to a One Advice study, not only are 249,000 people missing mortgage deadlines, but well over a million more have racked up debts on credit cards and loans. The addition of 661,000 people accumulating credit card debt and 416,000…

Irish consumers are being told by their regulator to put any money they will get from Special Savings Incentive Accounts (SSIAs), which will mature shortly, into paying off high interest debt. “Reducing outstanding debts will give you peace of mind…

The Department of Trade and Industry (DTI) has launched a website highlighting how, starting next April, consumers will be able to take disputes to court and get clearer and better information. Teresa Perchard, director of policy at Citizens Advice, welcomed…

New research from London Victoria shows that one in three adults in Britain will fancy a flutter during the World Cup, a situation which is made more alarming by the fact that 29 per cent of people don’t plan to…

The bank has reported that bad debt at Barclaycard, its credit card arm, meant that money owed to it in 2005 surged by 44 per cent to £1.1 billion. “We’ve started a cycle of deterioration in credit quality in the…

Bosses at the credit card firm claim that it was a typo and that the “three per cent of its customer base” offered the deal will only get six months, website This is Money reports. Cardholders claimed that the small…

Gross lending of £15,500 million was 12 per cent lower than March’s total of £17,673 million, according to the British Bankers’ Association (BBA). Additionally, net mortgage lending, after seasonal adjustments, only rose by £5 billion compared to £5.5 billion in…