Under terms laid out in last week’s Budget announcement, the average amount being paid in council taxes will rise by a full 4.3 per cent over the course of the coming 12 months, the Communities and Local Government department has…
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The ten million or more people who have not altered their gas or electricity provider in the past face a collective bill some £2.18 billion higher than it could be, according to the latest uSwitch figures. In addition, further savings,…
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In the face of the country’s deepening debt crisis and increasing cases of bankruptcy, the profits being amassed by banks are “excessive”, Mr Cable asserts. “Gordon Brown should stop worrying about his reputation with the haves and instead start thinking…
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Ben Yearsley, investment manager at Hargreaves Lansdown, claims that with debt levels continuing their upward trend around the country, concern from young people might ultimately mean they steer clear of bankruptcy and should be seen as a “good sign”. The…
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If British people are to avoid bankruptcy or out of control credit card debt during adulthood financial education is essential, Ben Yearsley, investment manager at Hargreaves Lansdown, has suggested. Mr Hargreaves’ comments came in response to a recent study from…
Continue reading the "Financial lessons ‘must be learnt in schools’" »
According to the Scotland on Sunday newspaper, one in 1,000 people in England or Wales will volunteer themselves for bankruptcy, while in Scotland the figures amounts to two in every 1,000. Experts from Scottish accountancy Johnston Carmichael suggested that institutionalised…
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Official government figures demonstrate that a full 58 per cent more people declared themselves bankrupt in the area during 2006 than did in the previous year, reports the Manchester Evening News. The increase equates to a total of 163 additional…
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Lord Baker of Dorking said that one of the government’s greatest achievements was to make it easier for people to go bankrupt. His comments came as the government disclosed there had been almost 63,000 bankruptcies in England and Wales last…
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