Debt Can Have A Negative Impact On People’s Health Claims New Report

Jul. 21 | A new report released by the Consumer Credit Counselling Service says that debt can have a negative impact on relationships and the ability to work.

Low-income Families Could Be £1000 Worse Off Under New Tax Credit Changes Claim TUC

Jul. 21 | Tax changes introduced by Chancellor George Osborne could mean that around 500,000 low-income families could be £1000 each worse off according to union groups.

Visualization of Global Credit Ratings

Jul. 20 | The three big ratings agencies, Fitch, Moody’s and Standard & Poors have released their latest assement on how likely a country is able to repay its debts and help those trading debt contracts in the secondary market. The Guardian.co.uk have...

Demand For Properties To Rent At A Record High

Jul. 20 | The UK’s largest letting agent, Countrywide, has revealed that the 50,480 people registered to rent a property in the second quarter of 2010. This is a 16 per cent increase on the previous 3 months and is at the highest level since 2003.

House Prices in 2020 Expected To Be Lower Than 2007

Jul. 20 | Despite the continued recovery in the housing marketing, house prices are expected to be lower in 2015 than they were in 2007 in real terms. To put it simply, house price rises are not expected to reach the rates of inflation.

Mortgage Lending Up By 15% In June According To Council of Mortgage Lenders

Jul. 20 | Figures published by the Council of Mortgage Lenders show that mortgage lending rose by 15% from an estimated £11.4bn in May to £13.1bn in June.

FSA Propose To Stop Fast-track and Self-certified Mortgages Forever

Jul. 19 | In a move to reduce payment problems, the FSA plan on banning all fast-track and self-certified mortgages. This will make it more difficult for the self employed to obtain a good mortgage. Those who have recently become self-employed will generally have...

Axa Sells UK Life Assurance Business

Jul. 19 | The French insurance company Axa has agreed to sell it’s UK life assurance business in order to buyout fund Resolution for £2.75bn.

High Inflation Rates Leave Basic Rate Taxpayers Struggling

Jul. 19 | Basic rate taxpayers will need to earn 5.33% on their savings to beat both tax and inflation despite the consumer price index falling slightly to 3.2% in June. The high inflation rates are reaching those, such as pensioners, who rely on their savings...

Fraud Is Driving Up The Cost Of Car Insurance

Jul. 19 | Fraud is increasing the cost of car insurance according to the AA. So-called “crash for cash” claims has seen the cost of comprehensive car insurance increase by over 11% in the previous quarter. This is the biggest increase since the AA British Insurance...