A number of financial services groups in the UK have agreed the principles of a new “streamlined” set of Individual Voluntary Arrangement (IVA) standards that are aimed at helping people with unmanageable debts. The new set of standards are reported…
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Failing to set out a Christmas shopping budget is one of the major reasons why so many UK consumers find themselves facing debt management problems in January, it has been claimed. With millions of people already struggling to become debt…
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There is likely to be a sharp increase in property repossessions in the UK next year, according to Ray Boulger, senior technical manager at the mortgage advisor John Charcol. Mr Boulger suggests that homeowners who have borrowed under the terms…
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Economic experts from a variety of organisations have predicted that the base rate of interest will remain at 5.75 per cent until early 2008. The Bank of England’s monetary policy committee is to meet on Thursday (December 6th) to decide…
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Millions of consumers from across the UK are still paying off credit card debt accumulated last Christmas, according to a recent study. As debt management problems continue to worsen for many thousands of British families, figures from MoneyExpert.com show that…
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When it comes to financial and debt management help, mum is the word, according to a recent study commissioned by Unbiased.co.uk. The price comparison firm’s research found that British women are more likely than their male counterparts to have assisted…
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The costs associated with household bills could be set to increase dramatically in the early part of next year, according to a number of energy sector analysts. Experts from the SimplySwitch company suggest that gas bills could rise by around…
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Citizens Advice is urging consumers across the UK to plan their budgets early in order to avoid a serious debt management hangover in the new year. Given the scale of spending expected around the country this December, the charity is…
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