Some areas to be hit hard by job cuts

A leading think tank has predicted that some parts of England and Wales are going to be hit hard by job cuts over the next few years. If this is the case then problems such as debt and repossession could become rife in the affected areas, with those losing their jobs no longer able to [...]

Job cuts could make personal debt problems worse

In his recent emergency budget the new chancellor of the coalition government, George Osborne, outlined a range of public sector cuts that were designed to cut the huge public deficit, which the new government has squarely blamed the former Labour government for.
However, whilst the cuts may be beneficial to the public deficit many officials have [...]

People should talk more about their debt problems

Industry experts from a debt agency have stated recently that people should talk more about their debt issues, stating that this will most likely encourage people to address their debt problems and take action with regards to getting these issues sorted out.
Many people these days have large amounts of debt, but in many cases people [...]

Job losses could mean increased debt

In his recent budget the new chancellor. George Osborne, outlined the spending cuts that the government is putting into place in order to reduce the public deficit. However, since the plans were outlined there have been concerns over how these cutbacks will impact on employment both in the public and the private sector.
Even as part [...]

Don’t get into debt over World Cup televisions

As most people know the long awaited World Cup is now just around the corner, and many of the millions of excited fans who have been waiting for this time to come will be excitedly looking into getting a new state of the art television set so that they can watch the football with high [...]

Consumers paying off debt rather than saving

A recent report has shown that a rising number of people are putting any spare cash into paying off their debts rather than saving their money, with many desperate to unburden themselves from high interest debt in the current financial climate.
Many people have high interest debts such as credit cards, loans, and other unsecured finance [...]

Spending cuts come in at just a fraction of what is needed

In a recent announcement the new coalition government said that it would be prioritising on the reduction of the highest level of public debt on record, with spending cuts aimed at reducing the current deficit, which is over one hundred and fifty six billion.
A number of spending cuts were announced by the new coalition government [...]

Employers urged to help workers with debt issues

With the rising mountain of personal debt that has been accrued in the UK many people that go to work and earn a fair wage are still struggling with their debts, and unfortunately their debt problems mean that the money that is coming in is not adequately covering the amount of money that is being [...]

Creditors still hassling consumers who are going insolvent

According to a recent report many people that are in debt to the point where they have had to go through the insolvency process are still being harassed and hassled by their creditors. The research showed that around one third of those going through the insolvency process are still being hassled by their creditors. This [...]

New agency set up to offer financial advice to those with money problems

A new agency has recently been set up in London to offer financial advice to the many people in the UK that are struggling financially. The financial advice that is offered is impartial and free, and it could help the many people that have found themselves getting in to greater and greater levels of debt [...]

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