Energy bills are set to keep rising over the course of this year, it has been suggested. According to the price comparison firm uSwitch.com, the average household energy bill will increase by close to £555 by the time the winter…
Borrowers need to use their common sense when it comes to avoiding unmanageable debt problems, according to one expert. Richard Brown, chief executive of moneynet.co.uk, has suggested that while student loans have become a fact of life for people studying…
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The Bank of England’s monetary policy committee (MPC) considered increasing the base rate of interest across the country earlier this month, it has emerged. According to the minutes of the MPC’s meeting, there was sufficient concern about the recent rises…
Calls have been made for government policymakers to clampdown on excessively high store card interest rates. The Conservatives’ shadow chancellor George Osborne recently suggested that while proper debt management is primarily the responsibility of individual consumers, the government should also…
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Lenders in the UK are risking billions of pounds by not insisting on seeing proof of income from their customers, according to recent research. Price comparison firm uSwitch.com has found that almost 85 per cent of all credit applicants did…
The debt management woes being faced by families that are thought of as being part of middle Britain have been worsening in recent months, it has been claimed. A new report from the insurance firm Axa has revealed that there…
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The interest level offered by the average fixed-rate mortgage deal in the UK has hit a ten-year high, according to the latest figures. Moneyfacts reports that the typical interest level on a two-year fix is currently around 6.75 per cent,…
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Around six per cent of British consumers admit that when it comes to money they like to ‘spend it like Beckham’, according to a new survey. Despite the growing debt management problems being faced by families around the country, figures…
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