However, reflecting on a newly released Ofgem report on the issue, price comparison firm uSwitch.com claims that the figures do not reveal the complete picture because only those consumers on an official debt repayment plan are counted within the data.…

Research by the financial services firm found that while the headline inflation rate was 2.4 per cent during June of this year, the figure for households headed by people aged over 75 is significantly higher. And with British adults of…

In fact, debt management or benefit concerns are now the cause over 60 per cent of cases being brought to the attention of staff at the CAB and in 39 instances the organisation represented their clients in a subsequent court…

Alastair Mathews, director of policy at the Personal Finance Education Group (PFEG), has welcomed the government’s plan to extend the provision of personal finance lessons and suggested that the new measures might go some way to establishing a less indebted…

Figures from Abbey show that around 18 per cent of homeowners have had to pay for damage caused by builders, with the average cost amounting to more than £200. In addition, almost one in 20 homeowners have seen poor workmanship…

Millions of people across the country are struggling to deal with their debt management demands and more than four million credit card repayments have been missed in the last half-year, according to MoneyExpert. Figures from the financial comparison firm show…

The proposals were put forward by the party’s social justice policy review group, headed by former leader Iain Duncan Smith. Mr Duncan Smith’s review also called for more regulation for the banking sector to encourage more responsible lending and funding…

With over-50s in the UK already dealing with debt management concerns, research by Hartford Life found that three in five people in this age bracket have not taken steps to protect themselves from rising costs of living. The recent study…