The future for the base rate of interest in the UK has been described by one expert as being highly uncertain. Howard Archer, chief European and UK economist at the analyst firm Global Insight, is convinced that the base rate…
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An increasing number of British women are aiming to become financially independent of their parents or a partner, according to a new study. Many thousands of women are struggling to become debt free and almost one in five are striving…
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Hundreds of elderly people living in the north-east of England have been offered a debt advice service through Help the Aged and Barclays. Over the course of the past 12 months, pension-age residents of Newcastle have been able to speak…
Millions of British credit consumers are effectively “enslaved by unpayable debts”, it has been claimed. According to Phillip Bond, a senior lecturer at the University of Cumbria, much of the UK’s adult population is struggling to maintain any sort of…
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The financial pinch currently being put on the pockets of people across the UK is getting increasingly tighter, new research has suggested. Figures compiled by Ernst & Young have revealed that Britons are on average 15 per cent worse off…
Would-be first-time buyers in the UK that are currently priced out of the property market have been urged to wait before taking on a home loan. Many first-time buyers struggle to deal with their mortgage-related debt management burden and by…
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Indebted consumers around the country have been urged to be realistic about the state of their finances. The Cheshire Building Society has suggested that people struggling to become debt free should plan a budget that will see them deal with…
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Banking groups across the UK expect to see the credit squeeze continue for the next three months at least, according to a recent survey. A poll of money lenders by the Bank of England has established that financial service firms…
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