Archive for December, 2009

Over-50s face debt threat?

by Joe Shervin on December 31st, 2009

TweetShareThose aged over 50 may soon find that they are faced with the possibility of debt, as a result of the VAT increase that will come into effect on January 1st. According to Rias, this climb will see the demographic provide an extra £524 million and managing director of the company Janet Connor observed that, [...]

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2009 saw money attitudes change, survey shows

by James Francis on December 31st, 2009

TweetShareThose in debt and others in the UK appear to have altered their financial attitudes because of the effects of the recession felt in 2009. This is according to a new survey by the Charities Aid Foundation, conducted by Gfk, which found that 29 per cent now believe that possessions are less important. Such a [...]

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Debtors urged to save by Citizens Advice

by News Team on December 31st, 2009

TweetShareBritons have been urged to consider saving for next Christmas now, particularly if they have found it difficult financially this festive season. Citizens Advice has partnered with the Office of Fair Trading and will – as part of its Save Xmas campaign that has, since 2007, seen over 40,000 people attend – be running financial [...]

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Debtors could save £1k this year, survey shows

by News Team on December 30th, 2009

TweetShareThose struggling with debt management issues may be able to save £1,000 by the end of 2010 if they make good financial resolutions at the start of the year. This is according to a survey conducted by Which?, revealing that “significant savings” could be made by shopping around for better deals on products such as [...]

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Debtors ‘assisted’ by NHS helpline

by News Team on December 30th, 2009

TweetShareThose in debt may welcome the news that aid is on hand, as the NHS has launched a new helpline – called the Stressline – to assist those concerned with employment, housing and debt. Open daily between 08:00 GMT and 22:00 GMT, it was launched by care services minister Phil Hope and is aligned with [...]

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Fuel poverty ‘a growing concern’

by News Team on December 30th, 2009

TweetShareThe number of pensioners in debt and struggling with fuel poverty appears to be on the rise, as new figures indicate a four-fold climb in the last five years. Statistics published by the Conservatives have revealed that there are more than 2.4 million elderly people experiencing such trouble and Greg Clark of the party observed [...]

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