Increase in number of people facing bankruptcy

A recent report has indicated that there is now a higher number of people that are facing bankruptcy in the UK, with a rise of 7 percent in the third quarter of the year compared to the same period last year. The figures come from the Ministry of Justice, and show that 13,653 people had [...]

Heating cutbacks planned by many

A recent report has shown how many people are planning to cut back on heating their homes this winter, as the cost of electricity and gas usage continued to eat into their monthly budget. Amongst those planning to make cutbacks are retired pensioner who cannot afford to pay the high heating bills from their pension, [...]

High Street to see huge cuts over coming weeks

For many shoppers in the UK Christmas has come early this year, with reports claiming that huge discounts are expected to be seen on the High Street over the coming weeks in the run up to Christmas. Many major stores have already been holding events with slashed price goods to try and tempt consumers into [...]

Fall in 0% balance transfer deals available

According to recent report there has been a marked reduction in the number of 0% balance transfer credit card deals available on the market, with an increase in the number of people struggling to get a good 0% deal to help them to save money on their credit card debt. More and more people are [...]

Energy prices in UK double that of EU

According to a recent report the cost of energy usage in the UK is around double that of the average cost in the EU. Energy bills have rocketed over the course of this year, leaving many consumers facing unmanageable bills, and adding to the level of fuel poverty throughout the UK, with many consumers looking [...]

Energy prices may soon fall

A recent report has suggested that energy prices in the UK could soon fall, having rocketed twice over the course of this year leaving many people in fuel poverty and many others in danger of falling into fuel poverty, where 10 percent or more of the total household income is being spent on paying energy [...]

Drop in interest rates comes as welcome surprise for UK

Earlier this month the Bank of England announced that the base rate was being slashed by 1.5%, bringing the base rate down to its lowest level in over fifty years, at 3%. After a series of rate rises between August 2006 and July 2007, which saw the base rate rocket to 5.75% the news has [...]

Energy firms making money from poor consumers

A recent report has claimed that the UK’s big energy giants are making money from the poor, and this is as a result of extra charges that are imposed on prepayment meters, which are often used by lower income households. Energy firms are said to be making around half a billion pounds a year from [...]

British Gas row over direct debits

A row has erupted in connection with claims that British Gas has been massively increasing the direct debit payments for many of its customers in a bid to take advantage of increased use of fuel over the winter and to raise cash over the period. The energy giant has told many of its consumers that [...]

Consumers enjoy early sales

Consumers in the UK are being treated to January sales prices in December, as major High Street retailers try to boost consumer spending by slashing the price of many goods in a bid to try and entice consumers and get them spending money in the stores again. Some shops have slashed prices on some of [...]

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