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News Archive
July 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.
Lenders hike rates on overdraft debt - 30/07/08
Banks are stinging Britons with higher repayment rates on their overdraft debt, it has been revealed
Banks are stinging Britons with higher repayment rates on their overdraft debt, it has been revealed
Cash-strapped Brits skipping meals - 29/07/08
Debt-hit Britons are struggling to pay higher food bills with many reduced to cutting out meals, it has been revealed
Debt-hit Britons are struggling to pay higher food bills with many reduced to cutting out meals, it has been revealed
EDF hikes energy tariffs - 28/07/08
EDF Energy has become the first of the UK's large energy suppliers to hike prices for consumers who are already likely to be wrestling with higher debt repayments and the soaring cost of living
EDF Energy has become the first of the UK's large energy suppliers to hike prices for consumers who are already likely to be wrestling with higher debt repayments and the soaring cost of living
Debt advice firms lobby for crackdown on payday loans sector - 28/07/08
Debt advice groups have called for an immediate crackdown on payday loans companies which hit borrowers with crippling interest rates
Debt advice groups have called for an immediate crackdown on payday loans companies which hit borrowers with crippling interest rates
Cost of living and debt 'sending people overseas' - 25/07/08
The high cost of living in UK is a "massive contributory factor" to the growing number of people moving abroad, according to expatriate observers
The high cost of living in UK is a "massive contributory factor" to the growing number of people moving abroad, according to expatriate observers
Young Brits risk debt problems to go on holiday - 24/07/08
Millions of cash-strapped young Britons are set to take a holiday this year, despite admitting they fear this will push them further into debt
Millions of cash-strapped young Britons are set to take a holiday this year, despite admitting they fear this will push them further into debt
Slowing economy adds to pressure on debt-hit Britons - 22/07/08
Gloomy projections for growth in the economy have heightened fears that the UK could be plunged into a problem debt epidemic this year
Gloomy projections for growth in the economy have heightened fears that the UK could be plunged into a problem debt epidemic this year
Parents and students underestimate graduation debt - 18/07/08
Failure to take into account top up fees means that thousands of students and parents are underestimating the levels of student debt they will have amassed by the time they graduate, it has been revealed
Failure to take into account top up fees means that thousands of students and parents are underestimating the levels of student debt they will have amassed by the time they graduate, it has been revealed
Weakening job market adds to worries for debt-hit consumers - 17/07/08
Conditions in the UK job market worsened during the second quarter in the latest blow to debt-hit Britons
Conditions in the UK job market worsened during the second quarter in the latest blow to debt-hit Britons
Debt fears lead Brits to postpone retirement - 17/07/08
Outstanding debt and the higher cost of living is forcing more and more Britons to delay their retirement, it has been discovered
Outstanding debt and the higher cost of living is forcing more and more Britons to delay their retirement, it has been discovered
Debt-hit homeowners urged to extend mortgage - 16/07/08
Extending the life of a home loan is advisable for Britons who are struggling with mortgage debt, according to one of the UK's largest mortgage brokers
Extending the life of a home loan is advisable for Britons who are struggling with mortgage debt, according to one of the UK's largest mortgage brokers
Slowing economy fuelling Brits' debt fears - 14/07/08
Britons are becoming increasingly fearful of the direction that the economy is taking and the threat of problem debt that could result
Britons are becoming increasingly fearful of the direction that the economy is taking and the threat of problem debt that could result
Brits dip into savings to cover higher mortgage debt - 14/07/08
Higher repayments on mortgage debt and more expensive rents are forcing millions of Britons to dip into their savings, it has been revealed
Higher repayments on mortgage debt and more expensive rents are forcing millions of Britons to dip into their savings, it has been revealed
Loose lending criteria 'contributing to UK's credit card debt' - 09/07/08
UK credit card companies should adopt a more European approach to approving customers to help limit the nation's debt problems, it has been claimed
UK credit card companies should adopt a more European approach to approving customers to help limit the nation's debt problems, it has been claimed
Higher fixed rates offer Brits no relief from mortgage debt - 08/07/08
Britons opting for fixed rate mortgages to gain control of their debt repayments are being hit by higher repayments, it has been claimed
Britons opting for fixed rate mortgages to gain control of their debt repayments are being hit by higher repayments, it has been claimed
Struggling Brits turning to debt - 07/07/08
Consumers piled up new loan and credit card debt during the first three months of the year, as higher energy costs and soaring food bills impacted on household budgets
Consumers piled up new loan and credit card debt during the first three months of the year, as higher energy costs and soaring food bills impacted on household budgets
Higher living costs mean 'bleak times ahead' for debt-hit Britons - 07/07/08
Debt-hit Britons have been warned to expect "bleaker times" in the months ahead, as a result of higher day to day living costs
Debt-hit Britons have been warned to expect "bleaker times" in the months ahead, as a result of higher day to day living costs
Brits urged to act to avoid falling into problem debt - 03/07/08
Britons who are concerned about falling into problem debt due to higher housing costs have been urged to take immediate action to address the problem
Britons who are concerned about falling into problem debt due to higher housing costs have been urged to take immediate action to address the problem
More credit card debt secured against homes - 02/07/08
Consumers struggling with credit card debt are likely to find themselves under increased pressure from lenders this year with more companies currently looking to secure loans against properties, according to a leading debt consultancy
Consumers struggling with credit card debt are likely to find themselves under increased pressure from lenders this year with more companies currently looking to secure loans against properties, according to a leading debt consultancy
Take action early to avoid mortgage debt pitfalls, warns finance site - 01/07/08
Homeowners coming to the end of fixed rate mortgages should scout around for a new deal as soon as possible to avoid falling into unmanageable mortgage debt, a price comparison site has advised
Homeowners coming to the end of fixed rate mortgages should scout around for a new deal as soon as possible to avoid falling into unmanageable mortgage debt, a price comparison site has advised
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