The future for the UK economy looks distinctly “uncomfortable”, according to the assessment of Sir John Gieve, the deputy chairman of the Bank of England. Speaking at the London Stock Exchange recently, Sir John suggested that inflation levels will continue…
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As many as 2.4 million people are in danger of falling into fuel poverty, a new report has claimed. According to a study commissioned by Centrica and carried out by the Eclipse consultancy firm, households across Britain could soon see…
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The costs associated with spending via credit card debt are increasing, it has been claimed. According to a report from MoneyFacts.co.uk, the headline interest rates linked to 19 of the leading high street credit card deals have been hiked over…
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The takeover of Alliance & Leicester by the Santander banking group could ultimately lead to a reduction in choice for British borrowers, it has been claimed. According to Pauline McCallion, editor of Your Mortgage, the acquisition deal is likely to…
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The Consumer Credit Counselling Service (CCCS) has outlined what it sees as the biggest problems facing indebted Britons. Many thousands of people have committed themselves to mortgage deals that see them hand over large chunks of their monthly earnings and…
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New figures have suggested that the older sections of society are those which are being hit hardest by inflation. According to Alliance Trust, those aged over 75 saw inflation reach 5.4 per cent in June, while 65 to 74-year-olds felt…
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New figures have suggested that the older sections of society are those which are being hit hardest by inflation. According to Alliance Trust, those aged over 75 saw inflation reach 5.4 per cent in June, while 65 to 74-year-olds felt…
Continue reading the "Older people ‘bear the brunt of inflation’" »
Recent research shows people do not consider saving money as important as they used to, according to new research. A poll by Nationwide Building Society discovered that in June, 26 per cent believed it was crucial to save money, whereas…
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