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News Archive
August 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.
More consumers fear losing jobs - 29/08/08
Britons are becoming more fearful that they will lose their jobs, a study has shown, leaving them unable to meet debt repayments and the soaring cost of living
Britons are becoming more fearful that they will lose their jobs, a study has shown, leaving them unable to meet debt repayments and the soaring cost of living
Crunch puts squeeze on credit card deals - 27/08/08
The credit crunch has made it harder for cash-strapped borrowers to juggle credit card debt, it has been revealed, with consumers now far less likely to secure a zero per cent balance transfer
The credit crunch has made it harder for cash-strapped borrowers to juggle credit card debt, it has been revealed, with consumers now far less likely to secure a zero per cent balance transfer
Disposable income falls to lowest level for over a decade - 26/08/08
Households' disposable incomes have fallen to their lowest levels since 1997, it has been discovered, as soaring bills and higher repayments on mortgage and credit card debt erode their spending power
Households' disposable incomes have fallen to their lowest levels since 1997, it has been discovered, as soaring bills and higher repayments on mortgage and credit card debt erode their spending power
Desperate Brits 'damaging credit rating' - 22/08/08
Debt-hit Britons could be doing significant damage to their credit rating through being rejected for loans and mortgages, it has been claimed
Debt-hit Britons could be doing significant damage to their credit rating through being rejected for loans and mortgages, it has been claimed
Consumers lack knowledge to cope with crunch - 21/08/08
Fears that the credit crunch could see more people fall into problem debt have been raised by a new study which has revealed a shocking lack of financial acumen on the part of UK consumers
Fears that the credit crunch could see more people fall into problem debt have been raised by a new study which has revealed a shocking lack of financial acumen on the part of UK consumers
Students 'hit hard by soaring inflation' - 20/08/08
UK students are facing prices rises some 50 per cent higher than the rest of the population, it has been claimed, in a development that is set to fuel fears that more undergraduates could fall into unmanageable debt this year
UK students are facing prices rises some 50 per cent higher than the rest of the population, it has been claimed, in a development that is set to fuel fears that more undergraduates could fall into unmanageable debt this year
Higher loan rates 'squeezing borrowers' - 19/08/08
Borrowers taking on new loan debt are facing higher and higher repayments, new research has shown
Borrowers taking on new loan debt are facing higher and higher repayments, new research has shown
Higher energy bills piling pressure on consumers - 15/08/08
Millions of debt-hit Britons are unable to afford to pay higher energy bills, a poll from uSwitch
Millions of debt-hit Britons are unable to afford to pay higher energy bills, a poll from uSwitch
Higher living costs add to students' debt burden - 13/08/08
Soaring rents and higher living costs are adding to the debt burden faced by UK students, a new study has shown
Soaring rents and higher living costs are adding to the debt burden faced by UK students, a new study has shown
Credit card borrowers left high and dry by rate hikes - 12/08/08
Higher repayments on credit card debt have left millions of borrowers suffering a similar plight to homeowners, it has been claimed
Higher repayments on credit card debt have left millions of borrowers suffering a similar plight to homeowners, it has been claimed
Airline ticket prices set to climb - 12/08/08
A spike in the price of airline tickets will mean that foreign holidays are set to become increasingly unaffordable to millions of debt-hit Britons in months to come, it has been revealed
A spike in the price of airline tickets will mean that foreign holidays are set to become increasingly unaffordable to millions of debt-hit Britons in months to come, it has been revealed
Repossessions hit 12-year high - 11/08/08
More and more Britons succumbed to unmanageable mortgage debt during the first half of this year, with repossessions hitting their highest level for 12 years
More and more Britons succumbed to unmanageable mortgage debt during the first half of this year, with repossessions hitting their highest level for 12 years
Cash-strapped Brits forced to cut food spending - 07/08/08
Debt-hit Britons are being forced to slash their spending on food in the face of soaring supermarket prices, it has been discovered
Debt-hit Britons are being forced to slash their spending on food in the face of soaring supermarket prices, it has been discovered
Mortgage arrears on the rise - 06/08/08
More and more homeowners are falling into arrears with their mortgage debt, new data from the Financial Services Authority (FSA) has revealed
More and more homeowners are falling into arrears with their mortgage debt, new data from the Financial Services Authority (FSA) has revealed
Northern Rock customers 'struggling with mortgage debt' - 05/08/08
The number of Northern Rock customers who have fallen behind with their mortgage debt repayments has increased dramatically over the last year, it has been revealed
The number of Northern Rock customers who have fallen behind with their mortgage debt repayments has increased dramatically over the last year, it has been revealed
Debt worries force students to take on jobs - 04/08/08
Increasing numbers of students are being forced to take on part-time work as they seek to limit their student debt and fund their studies, it has been revealed
Increasing numbers of students are being forced to take on part-time work as they seek to limit their student debt and fund their studies, it has been revealed
Banks offering consumers higher credit limits - 01/08/08
Banks are continuing to offer Britons further credit card debt, despite mounting signs that the UK's debt problem is spiralling
Banks are continuing to offer Britons further credit card debt, despite mounting signs that the UK's debt problem is spiralling
Poor families hit hardest by British Gas price hikes - 01/08/08
Price hikes from British Gas will impact most heavily on poor families, putting further pressure on debt-hit Britons, a charity has warned
Price hikes from British Gas will impact most heavily on poor families, putting further pressure on debt-hit Britons, a charity has warned
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