There is growing concern that free, face-to-face advice which helps hundreds of thousands out of debt each year could be cut.
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Kick off 2019 debt-free: Three smart ways to do it
An analysis of Federal Reserve data projected that by the end of 2018, the total consumer debt in the US will reach $4 trillion.
RBS boss shuns interest-free credit cards over consumer debt worries
Chief executive Ross McEwan said the bank was concentrating its efforts on personal and small business loans where the customer is contracted to pay the money back.
Rachel Reeves to introduce new debt rule, unlocking £50bn for UK investment
Chancellor Rachel Reeves announces a new investment-focused debt rule, unlocking £50bn for capital projects while maintaining fiscal discipline. Learn more about the Budget changes aimed at boosting UK growth.
Rachel Reeves hints at debt-to-GDP measure change to unlock £17bn for budget
Chancellor Rachel Reeves hints at changing the UK’s debt-to-GDP measure to exclude Bank of England bond-buying losses, potentially freeing up £17 billion ahead of the autumn budget.
Morrisons tests raising freezer temperatures to cut energy costs and emissions
Morrisons is trialling an innovative approach to save energy and reduce costs by raising the temperature of its freezers by 3°C.
How to Achieve Financial Freedom Before 40
Achieving financial freedom before the age of 40 is an ambitious yet attainable goal. It requires a combination of smart financial habits, strategic investments, and a commitment to long-term planning.
Scrapping VAT-free shopping for tourists costs UK £11bn
The government’s decision to scrap VAT-free shopping for tourists is costing the economy £11.1 billion in lost GDP and deterring about two million foreign visitors each year, according to an analysis by the Centre for Economics and Business Research (CEBR).
UK banks expect sharp rise in defaults on unsecured debt
Britain’s biggest high street lenders expect the sharpest rise in defaults on unsecured lending since 2009, according to a Bank of England survey, as households come under growing pressure amid the cost of living crisis.
Raising venture debt as an early-stage business – when is the right time?
Venture debt may not appear that enticing to founders during periods when capital is abundant and equity investors are pouring money into startups at sky-high valuations.
Student loan debt in England surpasses £200bn for first time
Outstanding student loans in England have surpassed £200bn for the first time – 20 years earlier than previous government forecasts, as the number of students at universities continues to outstrip expectations.
UK borrowing hits record £22bn in November as debt interest bill jumps
The cost of government borrowing set new records in November as rising inflation and cost of living payments pushed up government costs while tax revenues dropped.
M&S under fire for ‘buy-now-pay-later’ plan as critics say it could plunge many into debt
Marks & Spencer has come under fire for launching a credit service that allows customers to borrow up to £500 in minutes.
Hopes for energy price freeze delight investors
Retailers, pubs groups and banks were among a swathe of domestic stocks that rose strongly yesterday, buoyed by the prospect of Liz Truss announcing an emergency energy support package for households and businesses.
Iceland to offer interest-free loans to customers as cost of living crisis bites
Iceland will offer customers interest-free loans to help with their food shop amid soaring inflation.
