Archive for June, 2008

TweetShareBritish consumers have been warned that they should not rely on an inheritance windfall to improve their financial wellbeing. A report from Fool.co.uk has suggested that almost half of all adults in the UK are expecting to benefit to some extent when older generations of their family pass away but in many cases they will [...]

TweetShareConsumer confidence in the UK has taken another tumble and reached levels not seen since the early part of 1990. The GfK NOP index, which is used in the assessments of the Bank of England, has put consumer confidence at -34 points as millions struggle to deal with their debt management difficulties. Optimism over the [...]

TweetShareThe rising fuel bills that British consumers have been experiencing in recent months could spark a drive towards more environmentally friendly living, it has been claimed. According to a report from Tescocompare.com, many households are aiming to reduce their energy consumption in order to avoid large bills and the prospect of debt management problems. In [...]

TweetShareThe scale of so-called distressed borrowing is likely to increase across the country in months to come, it has been claimed. According to Howard Archer from the Global Insight research firm, more and more British consumers will turned to credit card debt and other forms of unsecured borrowing in order to meet their everyday living [...]