January, 2008

Nine million Brits spend everything they earn each month… Nine million Brits spend everything they earn each month and nearly a further five million spend beyond their means, according to a report from online comparison site uswitch.com. Its research found that 19 per cent of adults only break even at the end of each month, [...]

Almost 13m adults are likely to struggle keeping up with monthly commitments this year… Almost 13m adults are likely to struggle keeping up with monthly commitments this year, according to YouGov research. Its figures showed that almost 20 per cent of adults said that it was quite likely that they would struggle making some payments [...]

Almost half a million mortgage payments were missed in the last six months… According to research from online financial site MoneyExpert almost half a million mortgage payments were missed in the last six months. Its research found that one in 25 homeowners had failed to meet a mortgage payment deadline since July 2007, accounting for [...]

More than a fifth of adults have ‘maxed out’ on at least one of their sources of credit… More than a fifth of adults have ‘maxed out’ on at least one of their sources of credit within the last six months, research from uswitch.com has found. Its research found that one in five adults (21 [...]

During the last six months over a million household bills a month were unpaid During the last six months over a million household bills a month were unpaid according to research from online financial site moneyexpert.com. It’s research demonstrates the effects last year’s interest rate rises and increase in fuel costs have affected household budgets, [...]

Almost six million people face energy bill rises of up to 17 per cent, as one of the largest suppliers announces increases. Npower, the fourth largest supplier in Britain declared that standard price tariffs would increase by double digits, with some reports stating the rises could be as high as 17 per cent. This announcement [...]