Consumers are paying nearly a fifth more on bills than in 2003, with the Consumer Credit Counselling Service (CCCS) claiming that its average client is now spending an extra £32 per month. CCCS chairman Malcolm Hurlston warned: “For those on…

Despite changes to the pensions savings system, people are still finding it hard to invest for the future, Barclays has said. “The research shows that people still see saving for their retirement as a low financial priority as they struggle…

The organisation recognised that, for those who “know what they are doing”, only having to pay a small amount of the outstanding debt can be beneficial. But it added that in general the trend of minimum repayments falling from five…

Some 76 per cent of people in the UK are not unduly worried about the impact of energy bills, taxes and a potential interest rate rise on their finances, up by one per cent from the first quarter of the…

It fears that some people are living lavish lifestyles thinking that they can have debt wiped out as a bankrupt, when in reality the consequences could affect them for as long as 15 years. To highlight its point, the Insolvency…

John Borgars of Equity Development claims that the households would be unable to cope if they were hit by unexpected illness, injury or redundancy. “For the last eight years, Britons in aggregate have been spending more than they earn resulting…

The campaign group, Debt on Our Doorstep, wants to see a limit put on the credit interest to ensure that those people being targeted, often the most vulnerable members of society, do not fall even deeper into debt. Interest on…

Encouragingly, many people would be happy to shun life in the fame limelight if they could guarantee themselves a place on the property ladder, getting by financially and achieving equilibrium between work and life. Produced by Churchill, managing finances and…