July, 2011

Politicians in Dumfries and Galloway have expressed their concern over what seems to be a ‘debt mountain’ in the region, particularly amongst young people. Recent debt management figures for the Dumfries and Galloway area released by the local Citizens Advice Service (CAB) have revealed that the total amount of debt is £11,941,632. The average amount [...]

A recent study into young people’s savings levels has found that children in North London are the best at saving money to ward off future debt problems. Halifax conducted the study, which drew on the bank’s database of deposits to come up with the nation’s best young savers. It was found that in general, children [...]

The former England Test cricketer Adam Hollioake has been successfully sued for bankruptcy after racking up nearly £2 million in debt management problems. The former England all-rounder and Surrey captain was declared bankrupt in Australia, which was where the 39-year-old was born. The bankruptcy judgement came at the end of a nine month court case [...]

Research conducted by Sainsbury’s Finance has revealed that around £3.2 billion in personal loan debt has been acquired this year by people wanting to make improvements to their properties. Approximately one in five (21 per cent) personal loans were taken out with Sainsbury’s Finance for this purpose, by people wanting to spend more on their [...]

Football manager Sam Allardyce is reportedly pursuing agent Peter Harrison over a £370,000 debt owed to the former Newcastle United boss. The debt with Allardyce, who has recently been appointed the new manager of West Ham United, dates back to a deal in 2005. The football boss granted a loan to Harrison and one of [...]