Altering the ways in which you heat your house could help to alleviate energy bill debts, an industry insider has claimed. Paula Owen from the Energy Saving Trust has suggested several ways to cut costs which could help people with…

A meeting concentrating on the impact of the credit crunch for consumers has been held at the Liberal Democrats’ party conference in Bournemouth. It was jointly organised by the Association of British Credit Unions (Abcul), financial services firm Cattles and…

Inflation rose 0.3 per cent in August, according to a new report released by the Office for National Statistics (ONS). It showed that the consumer prices index annual inflation rate increased to 4.7 per cent, up from 4.4 per cent…

Specialist teams across the country have been set up in order to crack down on illegal money lenders. The Department for Business, Enterprise and Regulatory Reform has launched the initiative to discourage people from turning to loan sharks for a…

Although the majority of Brits would like to retire into a life of luxury, many are not handling debt management adequately to achieve their dream, according to a new survey. The study from Scottish Widows found that 49 per cent…

The government’s announcements on tackling fuel poverty have been described as “disappointing” and “approaching negligence” by a watchdog. Energywatch chief executive Allan Asher has spoken out on the proposals, damning ministers for not doing enough to combat the issue. “While…

Although the US government’s rescue of crucial financial institutions Freddie Mac and Fannie Mae will alleviate pressure on global markets, the UK should still be wary, according to an expert. Justine Fearns from investment firm AWD Chase de Vere claimed…

First-time buyers are borrowing 3.24 times their income when purchasing a home, new statistics have shown. According to data from the Council of Mortgage Lenders (CML), the typical first-time buyer needed less finance to purchase a house in July than…