The former education spokesman for the Liberal Democrat party Phil Willis MP recently echoed calls from ifs to establish financial education as a distinct part of national curriculum, which can stand alone as an examinable subject area. Only in this…
Citizens Advice has said that while the majority of people approaching staff at its bureaux for debt advice are concerned about personal loan or credit card debt, mortgage arrears are becoming more of a financial headache for British homeowners. And…
Continue reading the "Citizens Advice highlights plight of the UK homeowner" »
According to the financial services firm, the cost of ensuring an elderly person can spend a year at a nursing home in the UK is greater than the fees for sending a child to one of the country’s most prestigious…
Continue reading the "Cost of elderly long-term care “drastically” underestimated" »
Economic spokesperson for the Liberal Democrat Party Vince Cable asserted that high inflation figures revealed recently would lead to increased interest rates and “misery” for those Brits who are aiming to become debt free. “This high inflation is likely to…
Continue reading the "UK debt woes will get worse, claims MP" »
As a result, the governor of the bank Mervyn King has been obliged to send a letter of explanation regarding the inflation figures of 3.1 per cent for March to the chancellor Gordon Brown. Mr King wrote in the letter:…
Lee Walker, 39, from Farmcote Road, was sentenced by the Birmingham Crown Court and his imprisonment was welcomed by consumer minister Ian McCartney. “It takes a real parasite to prey on the most vulnerable in our communities and bully and…
Continue reading the "Jail for lender charging more than 1,500% interest" »
The Chartered Insurance Institute (CII) suggests that only through appropriate evaluation of prospective generic financial advisors will the public be protected and assured of receiving a sound service. In addition, the CII is calling for the government’s financial and debt…
Continue reading the "Generic financial advisors ‘must be assessed’" »
According to uSwitch, the heightened costs, which could cause added debt management concerns for some UK consumers, are designed to “squeeze more money” from NatWest banking customers. NatWest has revealed that the cost of spending on one of its debt…
Continue reading the "NatWest slammed over foreign spending fees" »
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