The latest bankruptcy figures released by the Ministry of Justice demonstrate that the UK’s economic chickens are “coming home to roost”, it has been claimed. According to Stephen Hammond, an economic spokesperson for the Conservatives, the rise in bankruptcy rates…
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An initiative that aims to provide adults with personal finance lessons has been launched and is being rolled out across the country. The ifs School of Finance is behind the endeavour and its launch has come after a series of…
A report from Citizens Advice has highlighted some of the debt management problems being faced by millions of families around the UK. The organisation has said that it saw an increase of 11 per cent in the number of homeowners…
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More British consumers declared themselves bankrupt over the course of last year than has ever been the case, according to the latest data. Figures released by the Ministry of Justice have shown that almost 44 per cent more people with…
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People in long-term relationships around the country have been urged to be “financially savvy” and avoid having to deal with an ex-partner’s debts. According to the Callcredit company, money and debt management related issues are the most common cause of…
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Many British consumers are facing increased pressure on their personal finances as a result of rising balance transfer fees, according to a recent report. Moneyfacts.co.uk has claimed that since people with credit card debt first started being charged for transferring…
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Nationwide Building Society has welcomed the news that it has been named as the best credit card provider in the UK at this year’s Card Awards. With millions of consumers struggling with high levels of debt management, the building society…
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The man known to TV sports fans as ‘Statto’ has been declared bankrupt by Manchester county court, it has been revealed. It is not known exactly how betting expert Statto, real name Angus Loughran, found himself in such serious debt…
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