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 »

Elderly people`s finances `hit hard by inflation`

16 October 2008
The personal finances of retirees in the UK are being hit harder by inflation than those of their worker counterparts, it has been suggested.... read more »

Car loans hard to find

29 January 2009
In the last six months, around 300,000 people have been refused a car loan.... read more »

Loans for businesses: ‘urgent govt. intervention’ needed

10 February 2009
Over half of the companies questioned by the CBI (Confederation of British Industry) in January reported that they’d found it harder to access loans and other forms of credit over the past three months.... read more »

VAT cut ‘has had little impact’

11 February 2009
A representative body for small businesses has said that the Government’s recent 2.5% VAT cut has had no effect on consumer spending habits.... read more »

Nationwide: quarter of UK ‘not saving at all’

13 February 2009
New statistics from Nationwide Building Society, issued on February 10th, have shown that almost a quarter (23%) of UK consumers were not saving any of their income.... read more »

60% plan to buy a car

Three in five motorists intend to buy a new or used car in 2009, a survey has revealed.... read more »

Inflation falls to 3%

23 February 2009
The official CPI (Consumer Price Index) rate of inflation fell to 3% in January, according to the Office for National Statistics (ONS).... read more »

Financial `age of innocence` over by seven

2 March 2009
Today’s children have more money and are making financial decisions earlier than their parents’ generation, claims a report from pfeg (Personal Finance Education Group), an independent charity which ‘helps schools to plan and teach personal finance relevant to students’ lives and needs’.... read more »

Rail companies may be forced to cut season ticket prices

9 March 2009
Off-peak and season ticket rail fares may be set to come down next year, after the Government rejected requests from rail operators to ignore the existing pricing rules.... read more »

31% consider skipping bills and debt repayments

9 March 2009
Nearly a third of British citizens would consider cutting back on essential monthly bills and payments towards their credit card, loan or mortgage debts as a result of today`s economic problems. ... read more »

Car loans package `too complicated`

The Government`s car loans package may be `too complicated` to succeed, according to the Society of Motor Manufacturers and Traders (SMMT).... read more »

Bank of England responds to Mandelson car loan comments

The Bank of England yesterday rejected the suggestion by business secretary Peter Mandelson that negotiations with the Bank regarding aid for the UK`s struggling car industry have been moving too slowly.... read more »

Debt repayment levels `highest since records began`

1 April 2009
New figures from the Bank of England have shown the biggest net repayment of consumer debts since records began in 1993.... read more »

Youngsters more savvy about money

3 April 2009
As a group, youngsters are becoming better with money, a new survey has claimed.... read more »

Response to the Budget: too much debt

29 April 2009
Most people are concerned about the level of debt the country is now carrying, according to a recent survey by Opinium Research, carried out on the day of the Budget, April 22nd.... read more »

Fuel and alcohol prices to rise following Budget announcements

23 April 2009
Prices of petrol, alcohol and cigarettes are all set to rise following the Government`s latest Budget announcement.... read more »

Car scrappage scheme confirmed

The Government has announced a scheme in which motorists can trade in their old cars in return for a £2,000 discount on a new vehicle.... read more »

Savers `should look out for restrictions`

6 May 2009
Independent research specialist Defaqto has warned potential savers to "keep their wits about them" with regard to restrictions on savings accounts.... read more »

Car loans could become cheaper as LIBOR falls

Interest rates on car loans could be set to fall after The Times reported that the LIBOR (London Inter-Bank Offered Rate) fell to a record low.... read more »