According to the Alliance Trust, inflation has hit the elderly with essentials such as food and drink accounting for twice the proportion of spending than that of the under-30s. “We have found the eldest householders are still the ones who…

Economics spokesman for the party, Vince Cable, said that personal debt is becoming a key issue for social and economic policy. “Personal debt problems is becoming a dominating issue in economic and social policy,” claimed the MP. “Millions of people…

Equifax said that the move is to help people face up to their personal debt problems so that they can act, the Mail on Sunday reports. “People in serious debt often have difficulty in understanding the full extent of the…

The guide at MoneyEverything.com is said to allow users to compare cashback options, interest rates and other features that vary between lenders. “We look at how the individual repays their debts and then make a recommendation,” said Jon Francis, who…

Around 4.3 million people between the ages of 25 and 50 fall into this category as they cannot afford to live alone, online dating company Parship.com has claimed. According to the survey, 40 per cent of single people found it…

Figures compiled by first-time buyer specialist FirstRungNow show the older generation are having to dig deep to ensure their children can get their first home, potentially undermining their own financial security and pushing up the prospect of debt-laden parents, reports…

That is the finding of new research from RBS in conjunction with the University of Bristol’s personal finance research centre, which has found a startling lack of awareness concerning financial matters. In total, 7.4 million account holders will not open…

Figures from Alliance & Leicester Savings reveals that 27.4 million consumers say they simply cannot resist a ‘bargain’, with a further quarter saying they buy things they simply don’t need. In an effort to save money by snapping up so-called…