Millions of indebted British consumers are really beginning to feel a financial squeeze, according to new research. Almost a third of the people responding to a Moneysupermarket.com survey recently said that their debt management problems were such that they do…
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The extent to which people in the UK are in debt has been revealed by new research. According to SaveBorrowSpend, there are currently more credit cards in Britain than there are people, with the nation’s current outstanding balance approximately £65…
The current rules in place to protect borrowers and provide debt help have been described as “woefully inadequate” by one industry body. The Council of Mortgage Lenders (CML) has stated that the current state of the mortgage market suggests that…
Credit card users from the UK have been advised to ensure that they have a good idea of who they are dealing with when paying with plastic in a foreign country. If a UK consumer buys a product abroad with…
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The Bank of England’s monetary policy committee (MPC) has only delayed the inevitable by deciding not to cut the base rate of interest this month, it has been claimed. According to the online mortgage firm mform, a reduction in the…
The Bank of England has opted to maintain the base rate of interest at 5.25 per cent, it has been announced. Having decided to cut the cost of borrowing last month, experts were almost universally convinced that the bank’s monetary…
Millions of people around the UK are convinced that the county has already entered a period of recession, according to recent research. With debt management woes worsening for many thousands of families, figures from Fool.co.uk have shown that 17 per…
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More and more British homeowners are turning to fixed-rate mortgage deals when they reach the end of a particular arrangement, it has been suggested. According to figures from John Charcol, just over half (52 per cent) of all people who…
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