New research from London Victoria shows that one in three adults in Britain will fancy a flutter during the World Cup, a situation which is made more alarming by the fact that 29 per cent of people don’t plan to…
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The bank has reported that bad debt at Barclaycard, its credit card arm, meant that money owed to it in 2005 surged by 44 per cent to £1.1 billion. “We’ve started a cycle of deterioration in credit quality in the…
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Bosses at the credit card firm claim that it was a typo and that the “three per cent of its customer base” offered the deal will only get six months, website This is Money reports. Cardholders claimed that the small…
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Gross lending of £15,500 million was 12 per cent lower than March’s total of £17,673 million, according to the British Bankers’ Association (BBA). Additionally, net mortgage lending, after seasonal adjustments, only rose by £5 billion compared to £5.5 billion in…
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With calls for children to be educated about managing their finances in schools, Nick White, head of personal finance at Uswitch.com, says that teaching should be extended to all. “All age groups need educating about finances – to a degree…
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Elen Thomas of National Savings and Investment (NS&I) claims that as customers only receive a statement rather than a bill, many fail to realise how much they are really spending. “People are not associating money management with spending,” claimed Ms…
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GamCare claims that a quarter of its messageboard users are female, up from just two per cent of clients in 2000. “Gambling has become so accessible and so de-stigmatised that, unfortunately, it can only get worse,” gambling expert Faith Freestone…
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Its five tips are aimed to stop people from resorting to bankruptcy as consumer credit becomes easier to obtain and debt levels grow. “Modern society seems to find personal debt more acceptable than was the case in the past. But…
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