The Treasury Committee has published a new report, asking trade bodies to investigate the credit industry, after it considered evidence from a range of sources, including from members of the public. Chairman of the committee John McFall said: “We are…

The number of people in the UK who are in debt to their energy suppliers has been described as “concerning” by the utilities manager at moneysupermarket.com. Responding to statistics from the website revealing that 1.8 million people are currently in…

Britons are struggling to be accepted for loans, as new research has revealed a big difference between supply and demand. Moneysupermarket.com found through analysis of official figures from the British Bankers’ Association that, while monthly lending fell 28 per cent…

Banks have been derided for their role in the economic crisis in a new survey that has revealed that, rather than creating jobs for people, they increased public debt and heightened unemployment levels. This is according to a study by…

The majority of those with credit card debts would be shocked at how lenders pay off the amount owed, new research has revealed. Findings from a study conducted by Nationwide indicated that 56 per cent of people would be angry…

Families could find themselves at greater risk of falling into debt, as new figures have revealed that electricity bills may soon be hiked up. According to uSwitch.com, action by Ofgem will result in £4.30 a year added onto tariffs, although…

A short film has been created in order to help debtors become more financially aware, detailing the clearing process of cheques, what happens if they bounce and when funds are cleared. Angela Thomas, managing director of the Cheque and Credit…

Britons have been dealt a “bitter blow” by the Supreme Court’s ruling in favour of the banks as the court case between the financial sector and the Office of Fair Trading came to an end yesterday. Chief executive of consumer…