Many thousands of families across the UK are struggling to become debt free because of the increases in the cost of borrowing being introduced nationwide, according to recent research. A study by MoneyExpert found that the typical cost of borrowing…
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Charges levied by banks against their customers can lead some people into a spiral of debt management difficulties, it has been claimed. The National Consumer Council (NCC) has insisted that for many Britons charges relating to an unpaid standing order…
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British consumers could be set to lose out even if the Office of Fair Trading (OFT) wins its court battle against some of the country’s leading banks in a test case regarding the fairness of fees, it has been claimed.…
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The personal finance and debt management problems being faced by UK consumers in the wake of an expensive festive period are causing mental health problems for many thousands of people, it has been claimed. Research carried out by Mind recently…
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January is the most testing time of the year financially for millions of people around the UK, according to recent research. Figures from Norwich Union suggest that British consumers tend to run out of money in the early weeks of…
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Consumers in the UK are in urgent need of a cut in the base rate of interest, according to the Trades Union Congress (TUC). The congress insists that millions of consumers around the country, many of whom have sizable personal…
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Many of the UK’s millions of homeowners are benefiting from the changing state of the housing market around the country, it has been suggested. With many thousands of families struggling to become debt free, Gary Brook from the Leeds Building…
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The Conservative Party has criticised prime minister Gordon Brown for what it claims has been “economic incompetence” over the past decade. Speaking at the London School of Economics, the Tories’ treasury spokesperson George Osborne insisted that Mr Brown has failed…
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