Young adults seeking parents` help with debts

4 March 2010
Over a third (35%) of young adults are forced to borrow money from their parents to get by, according to Scottish Widows, with 38% of these using the money to pay off debt.... read more »

Economists await Bank of England base rate decision

4 March 2010
The Bank of England`s Monetary Policy Committee (MPC) is set to announce its next base rate decision at midday today (Thursday 4th March).... read more »

Consumers risk debt as savings levels drop over winter

4 March 2010
According to NS&I`s Savings Survey, the amount of money people in the UK are saving has dropped to its lowest level for over two years, headlinemoney.co.uk reports, potentially putting people at risk of debt.... read more »

Over 3 million don`t know interest rate on their mortgage

4 March 2010
According to research by Post Office Mortgages, despite the Bank of England`s base rate staying at 0.5% for a year, over three million (28% of) UK borrowers don`t know the interest rate they are being charged on their mortgage, headlinemoney.co.uk reports.... read more »

New car registrations up again in February

4 March 2010
New car registrations were up by 26.4% in February, compared with the same month in 2009, according to the Society of Motor Manufacturers and Traders (SMMT).... read more »

Base rate at 0.5% for 12th month

4 March 2010
The Bank of England has decided to keep its base rate unchanged, meaning it has now been at 0.5% for a year.... read more »

Bad debt write-offs at `record high`

2 March 2010
The latest figures from the Bank of England (BoE) suggest that businesses and individuals defaulted on £6.1bn worth of mortgages and loans during the final three-month period of 2009 - the highest level since 1993, when the figures were first collected in this format, the Telegraph reports.... read more »

Loans: consumer credit increased in January

2 March 2010
Lending figures for January from the Bank of England show a net increase in consumer credit.... read more »

Personal choices could affect insurance costs

2 March 2010
Moneysupermarket.com has found that the average smoker could significantly cut the cost of insurance by quitting the habit.... read more »

One in ten `living on their overdraft`

1 March 2010
One in ten (five million) British adults are permanently in debt on their overdraft, according to new research from Moneysupermarket.com.... read more »

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