A new banking code has been drawn up and is promising to ensure that British consumers who are facing financial difficulties are given more help from the service providers. The changes to the way banks aim to operate in the…
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A number of members of parliament (MPs) have come out in favour of providing British teenagers with personal finance lessons in their schools. Kitty Ussher, economic secretary to the treasury, told the House of Commons recently that teaching young Britons…
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For millions of consumers across the UK dealing with debt management will be an issue for the new year and not for the festive season, it has been claimed. A study conducted recently by Mintel concludes that the desire to…
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Debt management problems have been made worse for close to one in four borrowers in the UK over the course of the past three months, it has been revealed. Figures compiled on behalf of MoneyExpert.com show that debt problems are…
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A cut in the base rate of interest, which could help many people dealing with debt management difficulties, appears likely over the coming months, but the timing of the reduction is not easy to predict, one expert has made clear.…
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The Consumer Credit Counselling Service (CCCS) is expecting to see many thousands of Britons seek out debt advice in the new year as a result of overspending during December. James Ketchell, a spokesperson for the CCCS, has made clear that…
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Household finances are being squeezed across the UK, but retailers are still expecting to see significant spending over the course of the next few weeks, according to one expert. Richard Dodd, head of media at the British Retail Consortium, suggests…
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The amount of money being chased by debt collectors in the UK looks set to increase considerably next year, according to the Credit Services Association (CSA). It is anticipated that British debt collectors will be aiming to retrieve between £23.9…
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