Managing money is not a big priority for most consumers, a new survey has suggested. Chelsea Building Society found that monitoring finances and savings rates is the seventh most important task in people’s day-to-day lives, with 23 per cent doing…
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Higher earners in the UK are experiencing as many debt management problems as those with lower incomes because of the recession, according to industry experts. Director of external affairs for Baines and Ernst Nick Pearson told the Guardian that, while…
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The news that the government intends to continue implementing Cold Weather Payments at the rate of £25 for the coming winter months has been welcomed by Age Concern and Help the Aged as a positive step for older people who…
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The way energy suppliers are phrasing their outgoing bills is proving hard for consumers to understand, a new survey has found – suggesting that those in debt could find themselves in further trouble as a result. Which?’s Switch satisfaction study…
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The average Briton is on the cusp of having a “money meltdown”, findings from a new study have indicated, with as many as 12 million finding it hard to pay off their monthly bills. Commissioned by Bright Grey, the Reality…
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Indebted people trying to generate money through subletting rooms in their houses could find themselves more at risk, or unable to get adequate insurance on their homes, it has been suggested. Responding to recent statistics from Spareroom.com, which revealed that…
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Debtors could be helped by reductions in mortgage rates, following the convergence of Libor – the rate at which banks lend to each other – and the base rate, it has been suggested. According to Hannah-Mercedes Skenfield of price comparison…
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An increasing number of people seem to be opting for paying off debts rather than putting their money into savings accounts, an industry expert has noted. Michelle Slade of price comparison site Moneyfacts.co.uk observed that the savings rates, which “are…
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