Peter Brown of educational consultants Gabbitas, and author of the report, found that graduates are an average age of 33 before their lifetime net earnings after the costs of education overtake someone who began working straight after school at the…
Continue reading the "Graduate debt hurts earning into 30s" »
uSwitch.com, which published the figures, found that hidden costs and add-ons are responsible for the extra payments, which are further compounded by charges from foreign traders. Nick White, head of personal finance at uSwitch.com, said that consumers could avoid these…
Continue reading the "Holiday credit costing £607 million" »
Alliance and Leicester found that those in their 20s had the lowest levels of credit card debt, while also having the lowest average cost for servicing their debt. However, younger people do have the highest debt to income ratio, which…
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Des Browne confirmed that the money would be used to support those who need it most, as part of a new Financial Inclusion Taskforce campaign. He said he was “delighted” to be able to offer the funds that would be…
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The group, which includes internet bank Smile, Co-op bank and the Co-operative Insurance Society, said that the increase occurred due to “unprecedented” levels of credit card debt as well as other borrowing for some customers. Now the group has told…
Neelie Kroes, the competition commissioner at the EU, delivered the interim findings of an EU inquiry into the industry and called the fees “outrageous”, targeting dominant brands in the market, as well as banks, with her comments. She said: “What…
Michael Jackson has been forced into the sale, which could include songs written by the Beatles, as he owes the Fortress Investment Group some $270 million and is allegedly struggling to meet the $4.5 million monthly interest payments. The news,…
Continue reading the "Jacko refinances to avoid bankruptcy" »
Those providing services such as car washing or window cleaning could be at particular risk as they may have to purchase expensive equipment in order to reduce water consumption. Now the Federation of Small Businesses (FSB) is calling on Margaret…
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