With many thousands of people across the country looking to find a debt solution, close to half admit to owning an expensive item of clothing that rarely leaves their wardrobe. In addition, the latest figures show that the typical UK…
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Research from Fidelity International shows that the typical British household spends close to £2,000 on eating in restaurants and staying at hotels each year, as well as more than £750 on alcoholic drinks. Furthermore, with consumers across the country aiming…
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The comments come soon after reforms to secondary education across England and Wales were announced by the government and, while the subject of “economic wellbeing”, which includes dealing with personal debt, is set to be introduced, many personal finance experts…
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According to the Citizens Advice Bureau (CAB) in the country, debt is the issue with which most of its frontline counsellors are confronted. The mounting debt problems in the UK mean that an increasing number of people are heading to…
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According to the organisation, property prices tend to be set by existing housing stock rather than by new builds, with this fact acknowledged by the government’s own research into the market and issues of affordability facing prospective first-time buyers by…
Continue reading the "CPRE: Affordability issues set to stay" »
As a result of the complicated system, many on the lowest incomes are having to pay a 40 per cent rate of tax and then having to wait for weeks, or even months, to be refunded due to backlogs at…
Continue reading the "Poorest pensioners ‘struggling due to tax system’" »
With the latest figures showing first-time buyers are feeling the pinch of rising house prices, there is concern that the cost of getting on to the property will leave people struggling to become debt free. In addition, all homebuyers are…
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The trade body warned that new legislation or the introduction of a regulatory agency would only hinder efforts to help people needing debt advice. Low interest rates, easy access to money and a relaxed attitude to borrowing have seen many…
Continue reading the "More regulation ‘would not help people in debt’" »