Recent reports that the UK’s property sector might be in the process of recovery may be a little premature, one specialist has suggested. Mortgage expert at comparison site Moneyextra.com Richard Mason said that many people may have been overly optimistic…
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A new consumer initiative announced by the government today could help to provide additional help for the Financial Ombudsman, one expert has suggested. Measures planned as part of the Consumer White Paper include banning unsolicited credit card cheques and consultations…
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Britain’s debt problems are looking worse and could have an effect on the economic recovery, one expert has suggested. Director of charity Credit Action Chris Tapp said the current situation may lead consumers to avoid buying things they cannot afford…
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People behind on their council tax payments may benefit from a new initiative announced by Citizens Advice. Launched in partnership with the Local Government Association, the scheme aims to offer a number of changes to the current processes involved in…
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A lack of consumer spending means the economy is unlikely to recover through this avenue, one expert has suggested. Economist at the Centre for Economics and Business Research Charles Davis commented that the recession has likely been caused by organisations…
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People with mortgages are beginning to get anxious about the possibility of future interest rate changes, one expert has suggested. Spokesperson for comparison site Moneyfacts Michelle Slade said this concern had resulted in a number of people seeking fixed-rate mortgages.…
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House prices are beginning to stabilise, however there are still a number of risks on the horizon for those looking to purchase or sell a property, one expert has suggested. Chief economist at Nationwide Martin Gahbauer noted that while new…
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There is a gender divide in the number of people who are successfully putting money aside into pension schemes, new research has suggested. A Scottish Widows UK Pensions report has found that 47 per cent of women are saving adequately…
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