Agreement on credit card debt reached

16 December 2008
Credit card companies have agreed on a set of ‘fair principles’ to help consumers struggling with credit card debt.... read more »

11.6 million ‘struggling financially’

11 December 2008
A quarter of the adult population – over 11 million people – are in financial trouble, according to a new survey carried out for insurance company Axa.... read more »

Britons focus on paying off debt

11 December 2008
Paying off debt has become a much higher priority, as worried consumers adjust to the nation’s economic problems.... read more »

Debt levels high; confidence levels low

9 December 2008
The latest figures from Nationwide show that consumer confidence fell in November.... read more »

Repossession measures `a positive move`

9 December 2008
The government`s measures to assist people who are at risk of losing their home because they are struggling with their mortgage repayments is a "big step in the right direction", an expert has said.... read more »

Shoppers turn to net to avoid debt

8 December 2008
Today (Monday) should be the biggest day of the year for online shopping, according to an expert, as consumers look to the internet to minimise their festive debt.... read more »

30% of adults concerned about ability to manage debt

5 December 2008
Almost a third of adult Britons are concerned about their ability to manage debt, MoneyExpert has stated.... read more »

Online shopping to rise 10%

3 December 2008
New research suggests that total online spending this year will be 10% higher than last year’s levels, despite the current uncertainty in the economy.... read more »

Debt: cost of running a household rises to £459 per week

1 December 2008
The Family Spending Survey shows that the weekly cost of running a household for the average family rose from £406.20 to £459.20 – 13% – in just five years.... read more »

Debt: credit card companies in interest rate talks

27 November 2008
Representatives of the credit card industry are meeting with Business Secretary Peter Mandelson and Consumer Affairs Minister Gareth Thomas today to discuss potentially cutting the interest rates credit cards charge.... read more »

Mortgage possession orders up 24% in year

25 November 2008
Ministry of Justice figures show that mortgage possession orders – made by judges in the county courts – were up by 24% in the third quarter of 2008, compared with the same period last year.... read more »

Free debt advice

26 November 2008
In the Pre-Budget Report, the Government has committed itself to providing free debt advice. ... read more »

Pensioners `out of pocket over utilities`

10 November 2008
Due to their reluctance to swap energy providers, pensioners are paying over the odds for their gas and electricity, it has been suggested.... read more »

Repossession figures `sensationalised`

3 November 2008
Figures pertaining to the repossession rate of UK properties have been sensationalised, it has been claimed.... read more »

Landlords `may struggle with mortgages as unemployment rises`

4 November 2008
If the number of people losing their jobs continues to rise in the UK, buy-to-let landlords could experience increasing problems in terms of tenants not paying their rent, it has been suggested.... read more »

Debt causing stress among consumers, report says

28 October 2008
A new report has found that increasing numbers of Britons are seeking medical help as a result of stress they are experiencing due to debt.... read more »

Banks told home repossessions should be "a last resort"

20 October 2008
UK treasury minister Yvette Cooper has suggested that banks and other mortgage lenders should not repossess houses unless they have explored all the other options first.... read more »

Oil prices down to $72

20 October 2008
The price of US light, sweet crude oil reached $72.10 per barrel today, less than half the $147 peak seen in July this year.... read more »

Credit card debt consolidation

21 October 2008
When someone talks about "consolidating credit card debts", they could mean one of two things. They could mean consolidating their credit card debts with a debt consolidation loan, or they could mean transferring their balance from one card to another. Either way, it`s all about credit card debt - and consolidating it.... read more »

Food price rises ‘slowing down’

21 October 2008
Food price inflation has started to slow, a new survey for the BBC has shown, following the steep rises that have piled financial pressure on British consumers throughout 2008.... read more »