The personal finances of millions of UK consumers are in an unhealthy state, according to a recent study by Abbey. A typical British adult is around 43 per cent “overweight” in terms of their money-related fitness, Abbey’s research team concluded…
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A range of advice has been issued by Callcredit with the aim of helping UK consumers avoid a debt management hangover in the early part of next year. The credit reference agency is keen to see shoppers around the country…
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Britons are putting their money into savings accounts rather than paying off their unsecured loan, overdraft or credit card debt, it has emerged. Research from financial services comparison firm moneyspermarket.com reveals that 66 per cent of people with debts incurring…
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The Bank of England has announced its decision to cut the base rate of interest in the UK by a quarter of one per cent. It is thought that the reduction in the base rate could have a positive impact…
British consumers could spend a collective total of around £170 billion on their credit cards if every borrowing limit was reached, it has been revealed. Research by Moneysupermarket.com has found that while many of people around the country are struggling…
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Anyone facing debt management difficulties in the UK needs to take “decisive action” to find a solution to their financial problems, according to Steve Folkard from the AXA insurance firm. Mr Folkard is convinced that the whole of British society…
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The government has announced a new plan of action designed to help British people avoid financial exclusion and a “spiral of debt”. A total of around £135 million is to be invested by the government to this end between 2008…
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British consumers borrow money in a many cases because they want to enjoy the same kind of lifestyle as their favourite celebrities, it has been suggested. A report from Standard Life has claimed that many people are prepared to add…
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