The majority of people are not optimistic about a recovery of the UK economy over the next year, it has been revealed. A new poll by Adfero has shown that 59 per cent of those questioned believe the economic situation…

Consumers who spend too much on luxuries may have inherited the habit from their parents, new research has claimed. According to Skipton Building Society, over 40 per cent of those surveyed replicate their parent’s spending traits, with almost 25 per…

A growing number of people are telephoning a government-funded advice line for debt advice, new figures have revealed. The Department for Business Enterprise and Regulatory Reform has announced a 40 per cent increase in the amount of people contracting the…

Consumers looking to save money in the new year should use a credit card with zero per cent interest, it has been suggested. According to Halifax, switching to such a card can help cut the cost of shopping, as consumers…

Halifax has issued advice to consumers looking to make purchases in the January sales, after publishing figures revealing more shoppers will be looking for a bargain in the new year compared to 2008 data. According to the lender, 48 per…

Over two million people are considering taking a mortgage payment holiday to help cover the cost of living in the current financial crisis, new research has suggested. Figures released by uSwitch.com show that this could result in total monthly repayments…

Abbey has announced cuts across a number of its fixed-rate mortgage products, resulting in what it has described as “market leading” offerings. The lender has reduced rates by up to 0.6 per cent, meaning homeowners looking for a two-year deal…