The government has announced the introduction of measures it says have been designed to bolster the efforts of credit unions. Economic secretary to the Treasury Kitty Ussher has suggested that the struggles facing British families in becoming debt free mean…
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As British consumers continue to struggle with debt management problems they are tending to stick to spending on their debit cards, according to the latest figures. Data compiled by the UK’s payment association Apacs has shown that around 62 per…
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There have been calls for the leading high street banks in the UK to treat their mortgage customers fairly. According to Fool.co.uk, the current economic climate means that banks can and in some cases are offering mortgage deals that are…
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Using a credit card to gain a cash advance should be an “absolute no no”, it has been suggested. According to Moneynet.co.uk the cost of taking out extra cash via a credit card has risen by around 5.5 per cent…
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The changes to the tax structure that were brought in after the government u-turn on the abolition of the 10p tax rate do not go far enough to help those left out of pocket, it has been claimed. According to…
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There has been something of a boom in home renovations as an increasing number of people look to improve their own property rather than buy a new one, according to a report from LV=. Around 57 per cent of people…
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British consumers have been warned that they should not rely on an inheritance windfall to improve their financial wellbeing. A report from Fool.co.uk has suggested that almost half of all adults in the UK are expecting to benefit to some…
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Consumer confidence in the UK has taken another tumble and reached levels not seen since the early part of 1990. The GfK NOP index, which is used in the assessments of the Bank of England, has put consumer confidence at…
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