Debt News
Quick links to latest articles:Inflation slows to 4.5%
19 November 2008
The Office for National Statistics today announced that annual inflation had slowed in October, following reductions in the prices of food and fuel.... read more »
Gloomy news for 2009
18 November 2008
Unemployment is expected to rise to around 2.9 million in 2009 as the economy shrinks, according to the CBI (Confederation of British Industry).... read more »
Workers `risking retirement income due to financial pressures`
18 November 2008
A significant number of workers in the UK are cutting back on their pension contributions as a result of current pressures, potentially putting them at risk of financial difficulties in retirement.... read more »
Card spending on the rise
17 November 2008
New figures have shown a ‘surprise’ increase in spending on debit and credit cards in the UK, the BBC reports.... read more »
Debt makes Britain ‘especially vulnerable’ to global downturn
13 November 2008
Britain’s high level of personal debt makes the country “especially vulnerable to the global economic downturn”, Liberal Democrat Leader Nick Clegg has warned.
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Energy prices ‘may fall soon’
13 November 2008
The price of home energy may be set to fall, after the UK’s second-largest energy provider said it may be ready to cut prices in early 2009.
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Unemployment rises
13 November 2008
The unemployment rate rose to 5.8% in the three months to September 2008, an increase of 0.4% on the previous quarter, and 0.5% over the year.
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Brits `at financial risk due to underinsurance`
12 November 2008
Many consumers in the UK may be jeopardising the security of their personal finances and risking future debt - new figures reveal that a significant number are lacking insurance protection.... read more »
iPod generation being hit by debt problems, expert says
11 November 2008
The so-called iPod (insecure, pressurised, overdrawn and debt-ridden) generation, which comprises anyone under the age of 35, is being hit particularly hard by the ongoing financial problems, it has been suggested.... read more »
Essential expenditure `leaving people unable to save`
10 November 2008
Due to the high cost of living in Britain, many consumers are currently unable to build up savings, an expert has said.... read more »