However, reflecting on a newly released Ofgem report on the issue, price comparison firm uSwitch.com claims that the figures do not reveal the complete picture because only those consumers on an official debt repayment plan are counted within the data.…
Continue reading the "Energy debts ‘up a third in three years’" »
AA Legal Services suggests that thousands of first-time buyers in the UK are failing to avoid a range of financial pitfalls because of their desperation to get a foot on the housing ladder. Research by the company shows that 66…
Continue reading the "Warning over ‘home buying pitfalls’" »
In fact, debt management or benefit concerns are now the cause over 60 per cent of cases being brought to the attention of staff at the CAB and in 39 instances the organisation represented their clients in a subsequent court…
Continue reading the "Debt woes for thousands at local CAB" »
Research by the financial services firm found that while the headline inflation rate was 2.4 per cent during June of this year, the figure for households headed by people aged over 75 is significantly higher. And with British adults of…
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With many thousands of people across the country looking to find a debt solution, close to half admit to owning an expensive item of clothing that rarely leaves their wardrobe. In addition, the latest figures show that the typical UK…
Continue reading the "Brits ‘waste billions on unwanted goods’" »
Research by the Joseph Rowntree Foundation discovered that, despite an overall fall in the number of people who are “very poor”, there are more Britons living in poverty now than was the case 15 years ago. Furthermore, the study reveals…
Continue reading the "Report reveals ‘rising inequality in Britain’" »
Alastair Mathews, director of policy at the Personal Finance Education Group (PFEG), has welcomed the government’s plan to extend the provision of personal finance lessons and suggested that the new measures might go some way to establishing a less indebted…
Continue reading the "Finance lessons ‘could cut debt burden’" »
Research from Fidelity International shows that the typical British household spends close to £2,000 on eating in restaurants and staying at hotels each year, as well as more than £750 on alcoholic drinks. Furthermore, with consumers across the country aiming…
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