UK consumers could be obliged to tighten their belts over the next few months as economic conditions leave many people out of pocket, according to one expert. Howard Archer, chief UK and European economist at Global Insight, insists that relatively…
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Young British consumers need to learn how to manage their money effectively to avoid facing debt management disaster when the get older, it has been claimed. Becky Boden-Wilkes, a spokesperson for National Debtline charity, insists that the onus is on…
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Financial comparison service uSwitch.com has warned that British consumers could face significant repair bills if they fail to cover themselves against boiler breakdown as the winter months approach. The company is convinced that many people around the country will neglect…
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Millions of British consumers are aiming to reduce the amount of credit card debt they have outstanding and the number of cards they use, according to recent research. Figures from Abbey suggest that around 7.7 million Britons who spend money…
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Despite worsening debt management problems faced by millions of UK consumers, one MP has claimed that the country’s personal borrowing levels are affordable. John McFall, Labour chair of the House of Commons Treasury select committee, insists that the dramatic increase…
Debt consolidation is the foremost reason why British consumers take out a loan, one expert has made clear. A total of more than 40 per cent of people opting to borrow money do so in an effort to reduce their…
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Consumers in the north-west of England are being granted access to a new source of impartial financial advice, thanks to the introduction of a three-month government-funded trial of Consumer Direct in the area. The service, which aims to help consumers…
The number of British consumers declaring insolvency is likely to have increased bythe time the latest official figures are released, according to one finance expert. Ian Gould, from the accountancy firm PKF, told the Birmingham Mail that he expects to…
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