Archive for April, 2007

Consumers face “tough time” during 2008

by on April 30th, 2007

TweetShareThe Consumer and Housing Prospects report published this week by the centre for economics and business research (cebr) points to the likelihood of high rates of interest and low house price inflation stretching the finances of millions across the country. In addition, the recent study from cebr forecasts a tough time for retailers during 2008, [...]

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Leeds tops worst saver poll

by on April 30th, 2007

TweetShareWith debt management difficulties mounting for consumers across the country, the building society has revealed that people from different areas look after their money in a variety of ways. Over a quarter of all British people use a traditional piggy bank as a way of accumulating cash, according to the recent research, but those from [...]

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‘Spending will slide after smoking ban’

by on April 30th, 2007

TweetShareThe ban will impact pubs, restaurants and workplaces throughout the country and could cut spending on tobacco and alcoholic drinks by close to three per cent, according to a report from the centre for economics and business research (cebr). Many tobacco-lovers are expected to kick their expensive habit when the ban comes into effect on [...]

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IVA’s ‘are an option for struggling gamblers’

by on April 29th, 2007

TweetShareInsolvency practitioner Phillip Allen suggests that consumers across Britain are finding it increasingly easy to accumulate debts through online betting websites and many seem certain that bankruptcy is their only option. And Mr Allen, who runs the Debt Lifeboat company, also claims that in many cases people who have run up debts through gambling are [...]

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Women ‘worried about retirement funds’

by on April 28th, 2007

TweetShareFigures from Investec Private Bank show that the number of women in the UK who share similar concerns about their financial future has risen by around 600,000 over the course of the last 14 months. Furthermore, the proportion of British women who would now admitting to being worried about how they will stay debt free [...]

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Be wary of joint loans, expert advises

by on April 27th, 2007

TweetShareDivorce lawyer Vanessa Lloyd-Platt suggest that while there is little to be gained from a joint loan arrangement, one or other marriage partner might well end up facing the prospect of paying back the entire debt on their own. In the event of a relationship breakdown either partner is vulnerable to the other “disappearing” and [...]

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