Lack of savings raises debt link
A fifth of Britons have no savings at all, something that may cause acute financial problems for those who get into debt problems.
People who owe m…
Britons ‘risking extra charges’
Britons are at risk of piling up extra charges on credit cards when they use them overseas purely through not reading the small print.
Br…
Making ends meet ‘getting harder’ for young
A fifth of families are struggling to make ends meet, with the young particularly prone to going into debt in a desperate bid to pay the bills.
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Card debt ‘hides lack of wealth creation’
Consumers have been piling up credit card debt and creating the illusion that they are getting better off, with the country living beyond its means bo…
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Simpler tariffs may not be cheaper
Consumers have had two major issues with their domestic energy bills in recent years. One has been the rising cost, while the other has been the lack …
New credit crunch may be on way as banks downgraded
A series of banks have been downgraded by ratings agency Moody's due to their perceived high level of exposure to eurozone debt.
The agency has…
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Energy prices ‘hitting poorer public sector workers’
Many consumers will simply not be able to cope with ongoing increases in the cost of living caused by higher fuel bills.
This is the view…
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MPC split over QE
The Bank of England's Monetary Policy Committee was split over quantitative easing (QE) this month, minutes of its June meeting have revealed.
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