According to Co-operative Insurance (CIS), 57 per cent of Britons aged between 25 and 34 do not have either the savings or the insurance in place to cover their essential spending if they were to lose their principal source of…
Continue reading the "Debt risk forces young ill to work" »
According to the Daily Mail’s analysis of Gordon Brown’s pre-Budget report, the average council tax rise will be 5.8 per cent, meaning that people should start their debt management plan now. “That would equate to a rise of more than…
Continue reading the "Council tax debt warning" »
According to its research, 59 per cent of shoppers leave gifts in cars, often in sight of potential thieves in their car, while 68 per cent leave receipts in the bags with the goods. This makes it hard for them…
Continue reading the "£2bn Christmas debt risk" »
Trevor Williams, UK chief economist at Lloyds TSB, said that while the MPC believed a rise in the rate and thus an increase in the amount of repayments on loans and mortgages linked to it would improve debt management, this…
Continue reading the "November interest rate rise ‘had no effect on debt levels’" »
Lloyds TSB’s new ‘top up’ savings account will allow customers to save money from each purchase by rounding up transactions to the nearest pound and putting the difference in a separate savings account. The launch has been welcomed by those…
Continue reading the "‘Debt helpful’ debit card launched" »
Gordon Brown stated that as of next year, “an extension of Warm Front and going community by community will make it possible for 300,000 pensioner and other households most vulnerable to fuel poverty to have free insulation and central heating”.…
Continue reading the "Fuel poverty still exists despite PBR" »
In the Egg poll, Christmas shoppers need to have a debt management plan otherwise they risk a “financial headache” in the new year as prices increase. However, the good news is that recreational and leisure activities have not risen as…
Continue reading the "Mixed price rise message over Christmas" »
This amount is 36 per cent more than the same period the year before, stating that Individual Voluntary Arrangement (IVA) use had also grown and that the tide of insolvencies is likely to continue. “The trend of rising personal bankruptcies…
Continue reading the "HSBC hit by bad debt" »