Credit card debt increases again
Credit card debt is on the rise again as consumers borrow more on plastic, new data has suggested.
The Finance and Leasing Association (F…
‘Lost decade’ warning over ongoing recession
Britons could be faced with many more years of economic struggle unless government policies change, the Trades Union Congress (TUC) has claimed.
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Consumer incomes ‘a third too low’
Working families need their incomes to be a third larger than they actually are to achieve a decent standard of living, according to a new report.
Earnings ‘still trailing inflation’
The rise in the cost of living may have slowed, but pay increases are still not keeping up with it.
This is a point noted by Matt Hartley…
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Cable accuses banks of halting recovery
Britain's economic recovery is being held back because the banks are "throttling" it, business secretary Vince Cable has said.
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More QE ‘will achieve little’
The decision by the Bank of England to increase quantitative easing (QE) by another £50 billion will do little to drag Britain out of recession….
QE extension reveals economy fears
The Bank of England has extended its quantitative easing by another £50 billion, while maintaining the 0.5 per cent base rate today (July 5th).
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Young people ‘not managing money well’
Many young people are getting into debt because they have not learned to live within their means, an expert has said.
Yvonne Goodwin of Y…
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