Vince Cable, economic spokesperson for the Liberal Democrat Party, has claimed that the base rate of interest will have to rise over the course of the next few months. Mr Cable insists that a further increase in the cost of…
Continue reading the "Rates must rise, says Lib Dem MP" »
The widespread use of online banking services could leave some consumers facing financial difficulties as a result of a breakdown in communication, according to Chris Tapp, deputy director of Credit Action. Mr Tapp, whose organisation operates as a money education…
Continue reading the "Online banking ‘could lead to communications breakdown’" »
Millions of British parents are struggling to help their offspring avoid serious debt management difficulties after years at university, according to recent research. A study from F&C Asset Management found that parents tend to be concerned with the financial problems…
Continue reading the "Parents ‘struggling to help’ with student debt" »
Millions of credit consumers around the UK are feeling the financial pinch after five rises in the cost of borrowing over the past 12 months, one expert has made clear. Susan Hannums from financial advisory firm AWD Chase de Vere…
Continue reading the "Credit consumers ‘feeling the pinch’" »
A new study has found that British consumers are charged a total of around £244 million for making cash withdrawals while on holiday. With debt management difficulties being faced by millions of Britons, figures from MoneyExpert.com suggest that spending money…
Continue reading the "Brits spend millions on overseas withdrawals" »
An overwhelming majority of British consumers would resist the introduction of pay-as-you go banking fees, according to recent research. Figures from Moneysupermarket show that a full 91 per cent of Britons would not want to see the kind of banking…
Continue reading the "UK set to resist ‘pay-as-you bank’ fees" »
A number of expert observers are convinced that the Bank of England will introduce a further rise in the cost of borrowing over the coming months, it has emerged. With millions of consumers already facing serious debt management difficulties, the…
Continue reading the "Experts expect more pressure on borrowers" »
British consumers have been warned to be wary of builders who might seek to overcharge for the work they carry out. The Department of Enterprise, Trade and Investment suggests that vigilance on the part of consumers could help them avoid…
Continue reading the "Consumers warned to be wary of added building fees" »