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40% risk getting further into debt this Christmas
15 January 2013 The average household is now £55,808 in debt, according to the money education charity Credit Action. Meanwhile the average amount owed by every UK adult is nudging…
China eyes more high-level overseas talent
15 january 2013 BEIJING – China will make efforts to recruit more high-caliber talents from overseas, according to comments by an official on Tuesday. Zhang Jianguo, general director of the…
‘Challenging’ time for lenders, says Nationwide
15 January 2013 Nationwide building society yesterday claimed “strong performance in our key markets” helped underlying profits climb 17 per cent to £172m in the six months to 30 September.…
Members of the Bank of England’s Monetary Policy Committee warned that the eurozone crisis could trigger a fresh credit crunch, minutes released yesterday reveal. At its November meeting two weeks ago, the MPC discussed “concerns over the sustainability of the debt positions of some euro-area countries”.
15 January 2013 Nick Clegg will today order an investigation into claims that aspiring black and ethnic-minority business people find it harder than white entrepreneurs to obtain bank loans and…
MPC’s credit crunch fear over EU crisis
15 January 2013 Members of the Bank of England’s Monetary Policy Committee warned that the eurozone crisis could trigger a fresh credit crunch, minutes released yesterday reveal. At its November…
Halifax’s ruse ramps up credit card confusion
15 January 2013 Ever since credit card providers starting offering introductory 0 per cent deals, things have been relatively simple for consumers. They applied for one of the 0 per…
Red alert on pay-day loans
15 January 2013 Steve Perry, 30, a low-paid admin worker from Wigan, wanted £250 to go away for a long weekend with friends to the Lake District. His bank refused…
A third of people to go into debt for Christmas
15 January 2013 Nearly a third of people will ignore the economic turbulence and take on debt to finance their Christmas plans, a report warned today. A survey by YouGov…
Money Insider: Credit unions are the solution for emergency loans
15 January 2013 Missing or being late with a couple of payments on a credit card may not seem much of a big deal to consumers at the time, but…
The dangerous lure of payday loans in disguise
15 January 2013 When is a payday lender not a payday lender? The problems of this style of borrowing have been well-documented of late with this type of short-term lender…
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