Many of the UK’s over-55s are struggling to maintain control over the debt management situation, according to a recent report. Figures from the credit report firm Callcredit show that around 16 per cent of all people in this age bracket…
Parents in the UK have been advised to start the financial planning for their child’s education as early as possible in order to avoid falling into debt as a result of university studies. Mutual society LV has reported that the…
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British consumers borrow money in a many cases because they want to enjoy the same kind of lifestyle as their favourite celebrities, it has been suggested. A report from Standard Life has claimed that many people are prepared to add…
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More than 10,000 young Britons are now getting to grips with a range of consumer finance issues by taking lessons in the growing academic field, it has been revealed. The ifs School of Finance has proudly announced that progress is…
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A number of members of parliament (MPs) have come out in favour of providing British teenagers with personal finance lessons in their schools. Kitty Ussher, economic secretary to the treasury, told the House of Commons recently that teaching young Britons…
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Young urban professionals, otherwise known as yuppies, who seemed to have plenty of money during their rise to prominence in the 1980s, are now among the millions of people feeling the financial squeeze in the UK, it has been suggested.…
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A new report has warned that shoppers in the UK could end up paying an annual percentage rate of over 24 per cent if they pay for goods using store card credit. Figures compiled by MoneyExpert.com show that store card…
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Taking a step on to the UK’s housing ladder has become less affordable for consumers across the country in recent weeks, according to the latest data from the Council of Mortgage Lenders (CML). Figures from the CML show that larger…
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