Companies in Britain may miss out on lucrative opportunities available to them due to unwillingness to take risks, one insurance provider has revealed. RSA has released a study in conjunction with the Future Foundation that found UK businesses are reluctant…
People in the UK are more in debt than their US counterparts, one expert has suggested. Independent global economist Ian Shepherdson remarked that the years of boom and bust enjoyed previously are unlikely to return because of debt. He said:…
Continue reading the "UK personal debt is “gigantically elevated”" »
Credit card firms that are guiding people towards retailers when making insurance claims are misleading them, one expert has said. Senior researcher Martyn Saville at consumer help agency Which? said that customers have an equal right to demand a payout…
Continue reading the "Credit card companies ‘wrong to reject claims’" »
Energy users should not have to foot the majority of the bill for infrastructure and network developments in the industry, one specialist has suggested. Consumer Focus energy expert Audrey Gallacher said that while investing in the sector was important, it…
Mortgage owners struggling to make payments on their houses may be the victims of irresponsible lending and other discrepancies, recent research has suggested. The Financial Services Agency (FSA) referred four specialist providers and third-party administrators (TPAs) for further investigation after…
Continue reading the "People in debt ‘suffering poor practice by specialist lenders’" »
Students in debt may avoid buying a property due to repaying loans and rising unemployment, one expert has suggested. Chairman of home search service company DTZ Residential Peter Braithwaite implied that this may indicate a cultural shift away from ownership…
Continue reading the "Young people ‘could decide to rent’" »
Individuals should learn financial planning at school to prepare them for the outside world, one expert has suggested. Laith Khalaf, pensions analyst at investment firm Hargreaves Lansdown, said that everybody should be properly informed on how to save money for…
Saving was viewed as being more important by people in May than in April, a new report has suggested. Nationwide revealed that its Importance of Saving Index rose by 11 points over the course of the month as it moved…
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