With debt management difficulties affecting millions nationwide, experts from the Alliance Trust Research Centre claim his reforms have failed to address the financial problems being faced by Britain’s elderly and poor populations. “Brown has failed to address the spiralling cost…

The claim from Helen Wanless from Age Concern comes after a public accounts committee revealed that around a third of elderly Britons are not taking up their credits and a report from the Consumer Credit Counselling Service which suggests the…

Bradford & Bingley’s head of mortgage products Andy Wiggins insists that money lenders are doing their part towards enhancing financial understanding and that their websites offering relevant information are “pretty well used”. And with debt management concerns being dealt with…

Handbags owned by women around the country contain credit card details, National Insurance Numbers and receipts, which can give criminals an opportunity to access information they need to carry out fraudulent activities, according to the credit reference agency Equifax. And…

Mr Tyrie suggests that the reasons for bank charges, which can often force credit consumers further into debt management difficulties, are not commonly understand by bank customers throughout the country. Regular itemised bills detailing charges that are being made should…

Ross Dalzell, marketing manager for savings at Alliance & Leicester, claims that whatever products financial service firms make available, young consumers are more interested in borrowing than there are in saving. “No matter what we do, no matter how much…

Julia Dallimore, marketing director at Picture Financial, claims that there are many people across the country who do not take the necessary steps to familiarise themselves with the details of their credit arrangements and run the risk of facing debt…

The Alliance Trust Research Centre claims that rising food and utility prices mean that for those Brits aged over 75 the rate of inflation is effectively running at around four per cent, compared with the overall rate of 2.8 per…