UK adults are becoming increasingly less active in the financial markets, affected by the pressure from the recent credit crunch and a slow growth in disposal income, it has been suggested. Financial research firm JGFR found in its 24th UK…
Continue reading the "Financial strains ‘reducing consumer activity’" »
Delaying bill payments as a result of financial struggles following overspending at the end of 2007 could cost consumers dearly, it has been suggested. Finance writer Karen Beavis, writing in an article on MoneyExpert.com, argued that consumers feeling the pinch…
Continue reading the "Missed bill payments ‘can impact on credit reports’" »
The Church of England has launched a number of initiatives designed to help and advise people struggling with debt management problems in the UK, it has emerged. Part of the church’s website is now focussed on helping indebted Britons come…
Continue reading the "Church offers debt advice" »
Millions of young British adults are dealing with serious debt management difficulties, a recent study has suggested. A survey carried out by Gumtree.com found that almost three-quarters of consumers aged between 18 and 30 were indebted and that many of…
Continue reading the "Young Brits ‘facing debt pressures’" »
The UK’s housing market has been feeling the pinch of tighter economic conditions in recent months, according to a report from the Royal Institute of Chartered Surveyors (Rics). Millions of Britons have burdened themselves with serious debt management concerns in…
Continue reading the "Housing market ‘feeling the pinch’" »
British consumers have been urged to shop around to find the most competitive personal finance deals on the market. It is possible, despite the recent turmoil in financial markets, to save money and potentially avoid debt management problems by taking…
Continue reading the "Brits urged to shop around for finance deals" »
Unemployment levels in the UK will start to rise in months to come, according to one economic expert. Howard Archer, chief UK and European economist at Global Insight, claims that while the most recent unemployment data for the country shows…
Continue reading the "Unemployment ‘will start to rise’" »
The number of people applying to enter an Individual Voluntary Arrangement (IVA) looks set to increase this year, according to one expert. With credit deals more difficult to attain and the cost of borrowing likely to increase, Chris Tapp from…
Continue reading the "IVA applications ‘set to rise’" »