According to Birmingham Midshires, savings levels have dropped by a fifth in the past three months, meaning that many Britons may need to start formulating a Yuletide debt management plan now. Jason Robinson, director of savings operations for Birmingham Midshires,…

According to moneysupermarket.com, up to 76 per cent of Britons now include putting on a jumper rather than turning up the heat as part of their debt management plan due to costs. “It is clear that people are worried about…

Scottish Widows claims that 44 per cent of households require two salaries to keep an acceptable standard of living up, yet a quarter of homes have no savings for emergencies to repay debt. “The majority of the population is walking…

According to the Lincoln Financial Group, 51 per cent of home owners claim that their house was their major pension asset. Ian Noble, head of strategic partnerships at Lincoln Financial, said: “We all know the phrase ‘safe as houses’ but…

Yet most worrying news in the moneysupermarket.com report is that consumers are aware of the debt they are incurring by leaving items on energy inefficient modes yet still refuse to switch off. Saving energy is more likely than ever to…

According to Zurich, even more women expect others to provide for the future and risk a retirement of debt, with one in seven believing their other half will provide. However, Briton’s distrust of state provision means that many are creating…

Skipton Building Society said that those looking for a home should start saving as early as possible, control their spending and look at debt management before committing to a mortgage. “Faced with industry figures – which put the average cost…

Amidst growing criticism that PPI is hard to claim and could push people into unnecessary debt, the watchdog is to clamp down on the loan insurance sector. “Following the work we have undertaken it is clear that many consumers are…