With a number of Brits feeling the epic Christmas credit hangover, a number of people have cut their credit card spending significantly according to a new report.
According to the British Retail Consortium (BRC), shop inflation has fallen to its lowest rate in 16 months, giving Brits something to smile about.
Banks and financial lenders have come under fire from the Financial Ombudsman Service (FOS) for delaying the compensation process in regards to payment protection insurance.
The number of people relying heavily on credit cards this month has increased in comparison to January 2011.