The south-west of England has been hit particularly hard by the rising crisis of debt management in the UK, it has been suggested. Figures from credit reference firm Experian have shown that there are some 40,000 families in Bristol that…
The UK’s housing market is set to experience a “painful correction”, according to the Liberal Democrats’ economic spokesperson Vince Cable. Mr Cable is convinced that debt management problems are worsening for many thousands of families and the housing sector is…
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The Bank of England has opted to cut the base rate of interest by a quarter-point to five per cent, it has been announced. With millions of consumers struggling to maintain control of their debt management problems, the base rate…
Credit will become increasingly hard to come by in the UK over the course of the next few months, one expert has asserted. Vicky Redwood, UK economist at Capital Economics, is convinced that the trend toward more stringent lending practices…
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The credit crunch that has been causing turmoil in financial markets around the world is about to hit home with consumers in the UK, it has been suggested. According to the Guardian’s economic expert Deborah Hargreaves, the problems that have…
The International Monetary Fund (IMF) has predicted that economic growth in the UK will fall short of the government estimates made earlier this year. According to the fund, the economic issues affecting the US will have a notably impact in…
A total of 13 debt collection companies have been warned about their conduct by the Office of Fair Trading (OFT), it has emerged. The businesses cited have fallen foul of the OFT’s rules governing acceptable behaviour with regards debt collection…
Consumers facing debt management problems in the UK need to make sure that they know where they can get help with their personal finance issues, it has been suggested. In the wake of bad news on the British economy, the…
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