The Financial Services Practitioner Panel has made its case in a new report, which, as debt management difficulties continue to increase, has “strongly” advised the government to introduce lessons aimed at improving the UK’s financial skills. A statement from the…

As the number of Individual Voluntary Arrangements (IVAs) and bankruptcy applicants continues to rise across the country, the NUS is keen to see that the interest rates on student loans do not increase beyond the rate of inflation. Controlling the…

Figures from a 1,000-strong survey carried out for the Unite trade union organisation suggest that more than half (51 per cent) of young workers feel they are vulnerable to exploitation by their employers. In addition, the research revealed that around…

Figures from Alliance & Leicester reveal that what are termed the “Friends generation” account for the largest amounts of borrowing and spend the most on interest repayments as they aim to become debt free. In addition, this sector of British…

There is a real lack of understanding of how to organise personal finances ifs has asserted, and as debt levels continue to rise in the UK the charity claims that qualifications would ensure that many more people would be able…

The Personal Finance Education Group (pfeg) research also revealed that more than half of all teenagers around the UK were landed in debt before reaching the age of 18 and that 19 per cent see credit card debt as a…

Mark Hoban, MP for Fareham, who was appointed shadow financial secretary to the Treasury in 2005, said that lenders need to actively refer struggling customers to organisations such as Citizens Advice and the Consumer Credit Counselling Service. These organisations offer…