The effect of inflation on everyday costs is prompting Britons to take action to improve their financial situation, a new survey has suggested. According to Abbey, 86 per cent of people in the UK intend to make a change in…
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Borrowers across Britain have been let down by the Bank of England’s decision to maintain the base rate of interest at five per cent, it has been claimed. Price comparison firm Fool.co.uk has suggested that the bank’s choice to hold…
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The Bank of England has opted to maintain the base rate of interest at five per cent after its monetary policy committee met this morning. Many businesses and consumers with debt management problems have been hoping that the bank would…
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Homeowners who are struggling with debt management concerns have been warned about some of the potential pitfalls associated with sale and rent back schemes. The price comparison firm Fool.co.uk has suggested that more than a quarter of British homeowners believe…
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A personal finance expert has fired a dire warning over the future for consumers as the economic downturn continues. David Kuo, head of personal finance at the price comparison firm Fool.co.uk, has suggested that a recession is on the way…
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The National Association of Estate Agents (NAEA) is hoping for reductions in the base rate of interest. According to the organisation, when it comes to setting interest rates, the Bank of England should act in a way that does not…
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The level of remortgaging activity in the UK a considerable slide over the course of May this year, new data has demonstrated. According to the Council of Mortgage Lenders (CML), the number of loans approved for house purchase increased by…
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A report from Legal & General (L&G) has highlighted the extent to which single parents in Britain are feeling the squeeze of the credit crunch. According to the insurance firm one-third of single parents have changed their holiday plans as…
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