The Bank of England looks very likely to maintain the base rate of interest in the UK at its current level of 5.75 per cent, one expert has asserted. Ahead of the bank’s decision on Thursday September 6th, Howard Archer,…
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As debt management difficulties increases for consumers around the country, new research has shown that money-related problems are the single biggest cause for concern for 3.4 million Britons. In an effort to avoid more serious financial problems, close to 12…
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As parents ready their children for a return to school, a recent study has suggested that many British consumers have resolved to reorganise their financial situation. Research carried out online by Lloyds TSB shows that almost a third of UK…
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Consumers facing debt management difficulties can help themselves to get out of trouble by seeking appropriate advice sooner rather than later, one expert has asserted. James Ketchell, a spokesperson for the Consumer Credit Couselling Service (CCCS), insists that anyone facing…
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The majority of British consumers would consider entering an Individual Voluntary Arrangement (IVA) as a way to resolve their debt management problems, according to recent research. Figures compiled by YouGov on behalf of moneysupermarket.com show that more than half of…
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Costs associated with sending children to school are putting a significant financial burden on parents around the UK, according to a recent study carried out by Citizens Advice. As debt management problems increase for households nationwide, the charity reports that…
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Borrowing money from or to friends and family can often lead to debt management problems for all concerned, one expert has warned. Stephen Rose from the Debt Advice Bureaux suggests that there are financial risks involved with lending to friends…
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A report from the consumer group Which? has highlighted some of the ways credit card providers are aiming to increase their revenues. Which? describes the methods used by financial service firms to raise revenues, including low usage fees and unclear…
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