Banking groups in the UK are not keeping their customers happy, according to a recent study. Figures compiled by YouGov on behalf of the Hartford Life company have shown that fewer than one in five Britons rate the service they…
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Credit card lenders have been urged to be more sensible over how much money they let their customers borrow. According to a report from Moneysupermarket.com, British consumers currently have roughly £55.6 million in credit card debt but that figure would…
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Older generations of British consumers are increasingly resorting to credit to fund their everyday activities, according to the latest figures. A report from the Post Office has shown that around 47 per cent of people aged over 50 and two-thirds…
Mortgage borrowers across the UK are being faced with a gloomy set of circumstances as their fixed-rate arrangements come to end, it has been suggested. According to a report from MoneyFacts.co.uk, the swap rates for financial institutions peaked several weeks…
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The future for the base rate of interest in the UK has been described by one expert as being highly uncertain. Howard Archer, chief European and UK economist at the analyst firm Global Insight, is convinced that the base rate…
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Millions of British credit consumers are effectively “enslaved by unpayable debts”, it has been claimed. According to Phillip Bond, a senior lecturer at the University of Cumbria, much of the UK’s adult population is struggling to maintain any sort of…
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The financial pinch currently being put on the pockets of people across the UK is getting increasingly tighter, new research has suggested. Figures compiled by Ernst & Young have revealed that Britons are on average 15 per cent worse off…
Banking groups across the UK expect to see the credit squeeze continue for the next three months at least, according to a recent survey. A poll of money lenders by the Bank of England has established that financial service firms…
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