Archive for June, 2007

TweetShareFigures from CreidtExpert suggest that consumers in the UK believe tying the knot will cost them around £9,000, despite the average pay out for a wedding standing at close to £17,000. In addition, the latest research shows that more than 1.6 million people across the country have gone into debt to attend a wedding ceremony. [...]

TweetShareMPs from each of the three main political parties have now signed a parliamentary motion calling for government efforts to give the UK’s young people access to “meaningful financial education”. Liberal Democrat MP and economic expert Julia Goldsworthy said: “Many people struggle to manage their finances effectively, primarily as a result of poor levels of [...]

TweetShareA study carried out by Scottish Widows has shown that the majority of workers in the UK are not saving enough money to be secure when they reach old age and those with debt management problems are among those struggling to contribute to their pension scheme. The report also suggests women, particularly those with young [...]

TweetShareAccording to the minutes of the most recent meeting of the rate-setting monetary policy committee (MPC), Mr King was one of four members who wanted to see the cost of borrowing increase in June. However, the five remaining members of the MPC felt an increase was not yet necessary, but many experts are now convinced [...]