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UK household debt to increase by 43% to £2.251 trillion by 2019, says Office for Budget Responsibility
Britain’s total household debt, comprised of unsecured and secured liabilities, will soar from its current value of £1.574 trillion, to a staggering £2.251 trillion by the end of 2019, the Office for Budget Responsibility (OBR) has identified in its latest forecast within the Budget.
2 Apr 14 Read More
Ukash survey reveals student debt is a main concern for parents when kids fly the nest
23 Jan 14 Read More
Harrow Council have suggested that they may implement a new policy for their debt collectors to abide by in a bid to lessen the burden on people who are in debt.
17 Jan 14 Read More
There are a number of merits to Christmas, namely the low prices, high spirits and celebratory atmosphere that comes with it each and every year. However, it is undeniable that it is also a period where our propensity for indulgence is exploited, and this can often lead to our finances severely tightening up in the winter months following 30 days of impulsive overspending.
9 Jan 14 Read More
The average household in the UK will take until this summer to pay off the debts they have recently acquired to afford the cost of this Christmas, a study from the Trades Union Congress had said.
31 Dec 13 Read More
Labour leader Ed Miliband has pledged to increase the ability of councils to implement bans on bookie roulette machines, should he ascend to 10 Downing Street after the 2015 general election.
27 Dec 13 Read More
Over a quarter of the UK’s total mortgage debt comes from secured loans in London, according to statistics that analyse property lending by postcode
19 Dec 13 Read More
With welfare cuts, rising levels of poverty, high levels of debt and decreased standards of living characterising the country at the moment, one can be excused for being pessimistic about current proceedings.
11 Dec 13 Read More
The huge level of debt being experienced by individuals across the UK is having an extremely damaging affect on their mental health, a think tank has warned
21 Nov 13 Read More
David Cameron has reiterated his intention to keep state spending low, outlining that his desire to create a ‘leaner and more efficient state’.
14 Nov 13 Read More
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