The north-west of England is the region most stressed by its collective debt management concerns, according to recent research. Figures compiled by Co-operative Financial Services show that more than three-quarters of all adults in the region consider themselves to be…
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The British Bankers’ Association (BBA) has called for efforts to be made to tackle what it has called the “problem of financial literacy” in the UK. According to the association, a large proportion of the British population are unable to…
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Banks should not resort to a policy of “extreme risk aversion” in the wake of reporting bad-debt write-offs worth hundreds of millions of pounds, according to one expert. David Kuo, head of personal finance at Fool.co.uk, has suggested that it…
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The man behind the blueprint for a generic financial advisory system for the UK has laid out his plan for how such a service might function. Otto Thoresen, who is chief executive of the Aegon financial services group, has made…
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The rate of growth of money lending to individuals in the UK has been slowing for the past few months, according to the latest data from the Bank of England. During the past 12 months, Britons increased their overall debt…
The 100 per cent mortgage deals that had been on offer until recently represented a good way for some people to get a foot on the housing ladder, according to one expert. Louise Cuming, head of mortgages at Moneysupermarket.com, has…
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A bill has been put before parliament that outlines a new plan that would aim to help children around the country understand how to handle money more effectively. The bill has been presented by the Liberal Democrat MP Sandra Gidley…
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The household bills being paid by consumers around the UK have been soaring in scale in recent months and years, according to reports. As millions of people try to find a solution to their debt management problems, figures from Citizens…
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