People’s expectations of what they can afford may be too high and could lead to them working for longer, it has been suggested. Padraig Floyd, the editor of Pensions Management magazine, noted that many consumers want “a house, two holidays…

Present givers were searching for bargains right up until Christmas Day this year, new figures have revealed. According to data from Barclaycard Payment Acceptance, transactions on plastic peaked just past midday on Christmas Eve, with 11.5 million transactions posted by…

The government needs to reduce income tax if it is to help spark a revival in consumer finances, one advisory website has stated. According to Fool.co.uk, many banks will not pass on the 0.5 per cent cut in the base…

A growing number of Britons are discussing their personal finances with others as a result of the credit crunch, a new study has found. Research from CreditExpert.co.uk has revealed that 53 per cent of UK adults are now willing to…

The UK’s total personal debt has increased by approximately £56 billion over the last 12 months, new figures have revealed. According to Credit Action, debt totalled £1,456 billion at the end of November 2008, meaning personal debt has now exceeded…

Many Britons are having to pay unexpected or extra charges at a time when they are looking to cut down on their bills, it has been claimed. According to moneysupermarket.com, over 4.5 million households are paying such fees for broadband…

Almost a third of adults would fall into financial difficulty inside two months if they were to lose their jobs, new research has claimed. Findings from MoneyExpert.com revealed that approximately 30 per cent of those surveyed would be unable to…

Singles are leaving themselves financially exposed in the current economic downturn, research from Zurich has revealed. According to a study conducted by the company, 35 per cent are worried about the extra financial strain of not having a partner, while…