The national charity Citizens Advice has welcomed plans that will see schoolchildren aged 11 to 16 around the UK taught how to manage their money. It is hoped that the “economic wellbeing and financial capability” lessons will lead to a…
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Recent research has suggested that young British consumers are the most likely to be fearful of rises in the base rate of interest. According to a study carried out by ICM Research on behalf of Intelligent Finance, a full 40…
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An increasing number of homeowners around the UK are remortgaging their properties in an effort to become debt free , one expert has asserted. Sue Anderson, head of member and external relations for the Council of Mortgage Lenders (CML), suggests…
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As debt management problems increase for consumers around the country, a new report has predicted that millions of Britons will face serious financial difficulties during retirement. Figures from Aegon suggest that a full 22 million people in the UK can…
A new report has shown that millions of UK consumers are unaware of how much they can expect to be charged for entering their current account overdraft. Bank charges can often lead to debt management problems for many British consumers,…
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Thousands of young British consumers are facing “huge amounts of debt” when they leave university, according to Kelvin Lillywhite, spokesperson for Best Advice Financial Planning. Mr Lillywhite suggests that students around the country are borrowing money from a variety of…
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The Conservative Party has blamed the new prime minister Gordon Brown for the relative lack of savings among consumers across the UK. During his time as chancellor, Mr Brown has left millions of people around the country without an inclination…
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Thousands of British consumers have been unable to contribute to any kind of savings account because of ongoing debt management problems, according to recent research. Figures compiled by the Post Office show that around one in four adults in the…
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