Many parents may be seeing their debt issues exacerbated because of the boomerang generation – young adults trying to attain financial independence. According to Catherine Hanly, parenting expert and former editor of raisingkids.co.uk, this is unsurprising given the amount of…
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Many parents may be faced with debt problems as a result of the fact that their offspring have still not received their student loans, meaning costs are offset onto mums and dads. The National Union of Students (NUS) has said…
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Parents still funding adult children may find they are faced with potential debt problems as a result, as new research has revealed that costs of this are expected to exceed £30,000. Published by The Children’s Mutual, the findings indicate that…
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British consumers could be set to create debt problems this weekend, as research has highlighted the potential expense of Valentine’s Day. According to Yorkshire Bank, adults in the UK will spend just under £5 billion on the occasion. Women are…
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Potential debt problems caused by the high cost of housing could be preventing many young people from moving out. According to a survey by charity Shelter, 22 per cent of Britons aged 18 to 34 still live with their parents,…
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People facing debt problems as a result of unemployment may be benefiting from a drop in joblessness. The Department for Work and Pensions (DWP) welcomed the news that the claimant count dropped by 15,000 in December, with the Office for…
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Those in debt and other UK residents appear to be cutting back on clothing and footwear, with amounts spent per week reaching a record low for 2008. This is according to the latest figures from the Office for National Statistics,…
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Over one million homeowners are increasing their credit card debt in order to pay their mortgages, a new survey has revealed. Conducted by Shelter, the study found this to have occurred in the last year and the charity observed that…
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