Households struggling to cope with debt management issues and fuel poverty may view recent profits unveiled by British Gas’ parent company as a “slap in the face”, it has been suggested. Robert Hammond, an energy expert for Consumer Focus, claimed…
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Price hikes from energy companies have “derailed” the government’s fight against fuel poverty, it has been argued. Jonathon Stearn, a campaigner for Consumer Focus, claimed that ministers have fallen short on targets due to three factors, which he outlined as…
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It is advisable for people to ClearDebt before they attempt to build up savings in the current economic climate, it has been claimed. Sharon Bratley, a chartered financial planner for Fairinvestment.co.uk, noted that borrowers will be paying higher rates than…
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Around a third of Britons are concerned that they will not be able to handle debt management issues over the coming years, a new survey has suggested. Research carried out by Opinium Research for Saga Savings has found that 31…
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The Council of Mortgage Lenders (CML) has joined forces with two charities to offer debt advice to homeowners in difficulty. Shelter and Citizens Advice have collaborated with the CML to give guidance to people that may be struggling with arrears.…
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As long as a person has “reasonable control” over their finances, they should be able to handle debt management issues, it has been claimed. David Kuo, the head of personal finance at Fool.co.uk, said that ensuring bills and mortgage repayments…
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Around a third of Britons predict that their disposable income will drop this year, new figures have shown. This group expects pay cuts or rising costs to take hold over the coming months as the recession bites, according to Virgin…
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Smart meters could help energy customers to handle their debt management, it has been suggested. Philip Sellwood, chief executive of the Energy Saving Trust, said that the technology can help homeowners to “keep an eye” on their fuel usage and…
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