British consumers look likely to start reigning in their spending over the coming weeks and months, according to one expert. Howard Archer, chief UK and European economist at Global Insight, has suggested that lending criteria is already being tightened and…
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Levels of mortgage lending around the UK have been weakened in recent months, the British Bankers’ Association (BBA) has made clear. According to data complied by the organisaiton, the various pressures on household finances that have been increasing in recent…
The pressures of dealing with a heavy debt management burden can lead to a vicious cycle of unwelcome problems, it has been suggested. A spokesperson for a Citizens Advice bureaux (CAB) in East Cambridgeshire has indicated their concern that debt…
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Pawnbrokers have seen record levels of trade in recent months as consumers struggle to become debt free, according to reports. Households are being hit by rising energy bills and a tightening of credit agreements, with many people resorting to selling…
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The days of frivolous spending that have marked the past decade across Britain are coming to an end, according to the assessment of one personal finance expert. Millions of people are already struggling with their respective debt management burdens, but…
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Consumers in the UK need to become more selfish if they are to shield themselves from the potential economic fallout expected by many observers over the course of this year, it has been claimed. David Kuo, head of personal finance…
British consumers have been warned to make sure that they fully understand the details of a mobile phone service contract before they enter into it. According to Consumer Direct, around 15 per cent of people who complain about their mobile…
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Changes to the system of credit filing to be introduced later this year will have damaging effects for many would-be first-time buyers (FTBs) in the UK, it has been claimed. According to the online mortgage firm mform.co.uk, the planned inclusion…
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