Archive for April, 2008

Citizens Advice raises ’10p tax concerns’

by on April 30th, 2008

TweetShareCitizens Advice has raised concerns about the issue of returning money to the pockets of those who lost out as a result of the changes to the ten pence tax rate. Thousands of people approach Citizens Advice about debt each month in the UK and the charity is keen to ensure that those who are [...]

Posted in Debt Management, Personal Debt | No Comments »

Consumer confidence hits 15-year low

by on April 30th, 2008

TweetShareConsumer confidence has hit a new 15-year low as debt management issues spiral out of control for many thousands of families. According to the latest data from GfK NOP, the state of the economy and the lack of money in people’s pockets have seen consumer confidence reach its lowest level since November 1992. The research [...]

Posted in Creditor Behaviour, Houses and Mortgages, Personal Debt | No Comments »

Lending volumes ‘will continue to fall’

by on April 30th, 2008

TweetShareThe scale of lending volumes within the UK’s housing sector will continue to fall, according to the Council of Mortgage Lenders (CML). In response to the Bank of England’s latest figures on consumer borrowing, the CML suggested that activity will continue to be constrained as the credit crunch goes on. The council also maintained that [...]

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Desire for bling ‘puts young Brits in the red’

by on April 30th, 2008

TweetShareA desire for ‘blinging’ accessories and fashion items in general has seen many thousands of young Britons head into the red, it has emerged. Research carried out on behalf of the mobile banking firm Monilink has suggested that as many as seven out of ten UK consumers aged between 16 and 43 are in debt [...]

Posted in Debt Management, Debt and Young People, Personal Debt | No Comments »

Couples ‘keeping their assets apart’

by on April 30th, 2008

TweetShareAn increasing number of British couples are opting to keep their assets separated into different financial products, according to a recent study. Figures put together on behalf of payment provider PayPal have indicated that around 71 per cent of British couples do not share and share alike when it comes to money and other assets. [...]

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Net lending slowed in March

by on April 30th, 2008

TweetShareThe scale of lending by financial service firms in the UK increased at a slower rate during March than the previous month, according to the latest data. Figures from the Bank of England show that there was an extra £8.2 billion lent last month around the country but this increase in activity was less sharp [...]

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