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Brits Need To Get Finances ‘In Order’

January is a perfect time for Britons to sort out their spending, an industry expert reports. According to Frances Walker, spokesperson for the Consumer Credit Counselling Service (CCCS), the first few weeks of 2008 provide an ideal opportunity for many people to get to grips with their money management. She stated that it was particularly [...]

Consumers ‘Starting To Suffer’ From Christmas Spending

Now could be the time that many people are looking to get to grips with their spending, it has been suggested. According to Susan Hales, casework supervisor for money guidance at Citizens Advice branches in Grimsby, Cleethorpes and the district area, the first few weeks of the new year may see a surge in the [...]

Homeowners ‘Must Take Action’ Against Energy Bill Increases

A significant number of consumers may find that their finances will come under further pressure, it has been suggested. From Friday January 18th, EDF Energy is to increase its standard tariffs for both electricity and gas. Costs for the former are to go up by 7.9 per cent, or an average of 28 pounds, while [...]

Consumers Need To ‘Take Charge’ Of Financial Situation

Britons who are now facing up to their heavy spending during the Christmas period should take steps to reduce the financial pressures that they are now handling. So claims Steve Rhode, chairman of Myvesta UK, who states that the first few weeks of the new year will see consumers hit with numerous demands for payment. [...]

Homeowners Struggling With Mortgage Costs ‘Should Take Action’

Around half a million Britons have missed a mortgage payment in the last six months, new figures show. In research carried out by MoneyExpert, it was revealed that some 463,000 homeowners did not meet such a demand for payment in the six months following July 2007. Overall, it was suggested that such consumers account for [...]

More Britons ‘Looking For Help Managing Finances’

People are continuing to face financial pressure, new research indicates. According to figures released by Chiltern, the typical annual income of a Briton looking for help in managing their debts, which may have been accrued through personal loans and plastic cards, has increased by about 3,000 pounds since last August. During this time, the average [...]

Brits Face ‘Particular Pressure’ On Spending

Britons are under more intense financial pressures, a new study has shown. The latest Financial Reality report by the Alliance Trust Research Centre revealed that the country’s economic wellbeing fell by ten percentage points between the third and fourth quarters of 2007. In the three-month period between July and September the index stood at 88.6 [...]


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