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News Archive
June 2008
In our news section, you can find online news articles relating to UK & world finance and economy. This is a free to use resource and if you can't find the information you're looking for, why not try the search option at the bottom of the page.
Consumers facing higher payments on loan debt - 30/06/08
Britons looking to take on loan debt are being hit by increasingly higher repayment rates, a new survey has shown
Britons looking to take on loan debt are being hit by increasingly higher repayment rates, a new survey has shown
HSBC fees hitting debt-struck homeowners - 27/06/08
HSBC is hitting debt-hit homeowners with huge arrangement fees for its so-called rescue mortgages
HSBC is hitting debt-hit homeowners with huge arrangement fees for its so-called rescue mortgages
Rise in IVAs recorded as consumers struggle with debt - 26/06/08
Increasing numbers of homeonwers are taking out Individual Voluntary Arrangements (IVAs), in a further sign that problem debt is on the rise
Increasing numbers of homeonwers are taking out Individual Voluntary Arrangements (IVAs), in a further sign that problem debt is on the rise
Energy suppliers urged to help debt-hit consumers - 24/06/08
Energy companies should act to relieve the burden of price hikes on debt-hit Britons, according to a price comparison site
Energy companies should act to relieve the burden of price hikes on debt-hit Britons, according to a price comparison site
Spending-happy Brits adding to credit card debt - 23/06/08
Despite signs of an economic downturn, fears are rising that Britons are piling on credit card debt, with the news that consumer spending rose during May
Despite signs of an economic downturn, fears are rising that Britons are piling on credit card debt, with the news that consumer spending rose during May
Higher energy bills set to squeeze debt-hit households - 20/06/08
Consumers have been warned to expect a 40 per cent hike in gas and electricity costs this year, as increasing living costs continue to put pressure on debt-hit Britons
Consumers have been warned to expect a 40 per cent hike in gas and electricity costs this year, as increasing living costs continue to put pressure on debt-hit Britons
High housing costs driving Brits to desperate measures - 19/06/08
Debt-hit Britons are turning to increasing desperate ways to meet their mortgage repayments, a report has revealed
Debt-hit Britons are turning to increasing desperate ways to meet their mortgage repayments, a report has revealed
Job cuts set to worsen conditions for debt-hit Brits - 17/06/08
Thousands of Britons in the service and construction industries will lose their jobs every month this year placing extra pressure on households already struggling with higher payments on mortgage debt and the soaring cost of living, it has been predicted
Thousands of Britons in the service and construction industries will lose their jobs every month this year placing extra pressure on households already struggling with higher payments on mortgage debt and the soaring cost of living, it has been predicted
Brits taking action to cut debt levels - 13/06/08
Debt-hit Britons are cutting back on spending as soaring living costs begin to cut into their finances, new data has shown
Debt-hit Britons are cutting back on spending as soaring living costs begin to cut into their finances, new data has shown
Spike in unemployment figures fuels fresh fears for debt-hit Brits - 12/06/08
Debt-hit Britons have been dealt a further blow by figures which suggest that the labour market is weakening
Debt-hit Britons have been dealt a further blow by figures which suggest that the labour market is weakening
Overdraft fees adding to debt problems, claims finance site - 11/06/08
Millions of Britons are adding to their debt problems by regularly going overdrawn without permission, a survey has shown
Millions of Britons are adding to their debt problems by regularly going overdrawn without permission, a survey has shown
Brits feel pinch of higher rates on credit card debt - 10/06/08
Britons who come to the end of their the zero per cent term after transferring their credit card debt are being hammered by increasingly higher rates of interest, new research shows
Britons who come to the end of their the zero per cent term after transferring their credit card debt are being hammered by increasingly higher rates of interest, new research shows
Energy hikes deal fresh blow to debt-hit consumers - 09/06/08
Energy prices are set to rise again over the next twice months, in the latest blow to consumers struggling with higher credit card debt and loan repayments and soaring food prices
Energy prices are set to rise again over the next twice months, in the latest blow to consumers struggling with higher credit card debt and loan repayments and soaring food prices
Insurers predict surge in debt if PPI is reformed - 06/06/08
Revamping the way loan protection insurance is sold could force thousands of vulnerable Britons into debt, it has been claimed
Revamping the way loan protection insurance is sold could force thousands of vulnerable Britons into debt, it has been claimed
Borrowers urged to consider debt consolidation loans - 06/06/08
Consumers struggling with debt should consider a consolidation loan to help them manage their money more effectively, a credit rating agency has recommended
Consumers struggling with debt should consider a consolidation loan to help them manage their money more effectively, a credit rating agency has recommended
Debt worries mounting for borrowers - 04/06/08
Britons are becoming increasingly worried about their ability to manage their debt, a survey has revealed
Britons are becoming increasingly worried about their ability to manage their debt, a survey has revealed
Debt levels poised to skyrocket as cards become more costly - 03/06/08
Credit card companies are continuing to make borrowing money more expensive, fuelling predictions that consumer debt levels will soar this year
Credit card companies are continuing to make borrowing money more expensive, fuelling predictions that consumer debt levels will soar this year
Higher bills fuelling rise in credit card debt, retailer claims - 02/06/08
Increasing numbers of debt-strapped consumers are using credit cards to pay household bills, according to the chief executive of Debenhams
Increasing numbers of debt-strapped consumers are using credit cards to pay household bills, according to the chief executive of Debenhams
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