Britain’s debt problems are looking worse and could have an effect on the economic recovery, one expert has suggested. Director of charity Credit Action Chris Tapp said the current situation may lead consumers to avoid buying things they cannot afford…

People behind on their council tax payments may benefit from a new initiative announced by Citizens Advice. Launched in partnership with the Local Government Association, the scheme aims to offer a number of changes to the current processes involved in…

A lack of consumer spending means the economy is unlikely to recover through this avenue, one expert has suggested. Economist at the Centre for Economics and Business Research Charles Davis commented that the recession has likely been caused by organisations…

Low interest levels on standard savings accounts are causing those putting money aside to seek out risky investments, one specialist has claimed. James Booker at comparison site Which4u.co.uk suggested that consumers are looking towards investment bonds, with many showing more…

Policy makers may be able to help retirees through the current pension crisis if they act now, one specialist has suggested. Ros Altmann, an independent pensions expert, revealed concerns that those in power may find it difficult to empathise with…

Disposable income for the typical family is not going up despite a recent report suggesting the contrary, one expert has suggested. Director at financial organisation the Motley Fool David Kuo said that a study by Ernst & Young revealing the…

People who are falsifying expenses claims at work to boost their finances or help to clear debt need to think carefully about what they are doing. This is the suggestion of uSwitch personal finance expert Louise Bond, who said that…

People in the UK are more in debt than their US counterparts, one expert has suggested. Independent global economist Ian Shepherdson remarked that the years of boom and bust enjoyed previously are unlikely to return because of debt. He said:…