With millions pf consumers facing debt management difficulties, the OFT is hoping to make relevant information more readily available to the public by working with the various credit card providers around the country. Explaining the reasons for the initiative, the…

Experts at moneysupermarket.com suggest that those mortgage borrowers who fail to secure a fixed-rate deal quickly could face increased financial pressures over the coming weeks and months. “Borrowers needing the stability of a fixed-rate product should reserve their next deal…

As debt management problems mount across the country, research carried out by Halifax has found that average council tax rises have outstripped inflation by a number of measures over the last decade. By the measure of the retail price index…

With debt management problems being heightened for consumers across the country, there are close to 2.8 million adults in the UK who are afraid to confront their own bank balances, figures from the financial service firm demonstrate. And the problem,…

Figures from CreidtExpert suggest that consumers in the UK believe tying the knot will cost them around £9,000, despite the average pay out for a wedding standing at close to £17,000. In addition, the latest research shows that more than…

According to the minutes of the most recent meeting of the rate-setting monetary policy committee (MPC), Mr King was one of four members who wanted to see the cost of borrowing increase in June. However, the five remaining members of…

A study carried out by Scottish Widows has shown that the majority of workers in the UK are not saving enough money to be secure when they reach old age and those with debt management problems are among those struggling…

MPs from each of the three main political parties have now signed a parliamentary motion calling for government efforts to give the UK’s young people access to “meaningful financial education”. Liberal Democrat MP and economic expert Julia Goldsworthy said: “Many…