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Many Britons are unwilling to talk about their finances, new figures show.
In the Let’s Talk About Money study released by the Motley Fool, two-thirds of consumers believe discussions about money, whether concerning personal loans and mortgages or credit cards and savings accounts, are a personal matter and as such should be kept private…
Those living in Exeter could be managing their money more effectively, new figures have revealed.
The news comes as research conducted by accounting and consulting firm KPMG indicates a drop in the proportion of people from the Devon city who are declaring themselves bankrupt, reports the Express & Echo…
Moves by the Bank of England’s monetary policy committee (MPC) to increase the base rate of interest over the course of the summer led to a fall in lending for property purchase in September, new research indicates.
According to a study conducted by the Council of Mortgage Lenders (CML), the impact of the higher cost of repayments on personal loans and other types of borrowing resulted in some 12.7 billion pounds for the purposes of home buying to be issued in September…
Those consumers living in Warwickshire who are in the midst of financial difficulties are being urged to avoid borrowing from one unscrupulous loan lender, it has emerged.
According to the county’s Citizens Advice branch, residents - and in particular those on low incomes who will find their spending squeezed as the festive season approaches - are being invited to apply for a personal loan for Christmas in a leaflet received through the post, the Coventry Telegraph reports…
Problems in managing money can often contribute towards many people performing poorly in the workplace, it has been suggested.
According to Tony Urwin, occupational psychologist and general manager of BUPA Psychological Services and BUPA Wellness, more consumers could develop difficulties in meeting numerous demands for payment on areas such as utility bills, personal loans and credit cards…
Britons are becoming more responsible when it comes to managing their finances, an industry expert has asserted.
Speaking earlier this week, James Falla, director of Thomas Charles, reported that consumers are becoming more conscious of the effects on their money management that shopping with store and credit cards can have…
Young people need better education if they are to become financially responsible in later life, an industry expert has declared.
According to Wendy van den Hende, chief executive of the Personal Finance Education Group (Pfeg), children need more suitable financial education if they are to develop sufficient awareness of how to use monetary products such as personal loans and savings accounts when they are older…
The Bank of England’s monetary policy committee (MPC) has voted to keep interest rates consistent for this month, it has emerged.
As a result of the move, the base rate of interest attached to secured loans and other types of credit will remain at 5.75 per cent, a rate which has remained unchanged since July…
Money management difficulties are becoming evermore prevalent for a number of Britons, it has been suggested.
According to Fairinvestment, debt problems and concerns about money are the largest contributors to stress for people across the country…
More people could be due to come under financial pressure over Christmas, a new study suggests.
In research conducted by CreditExpert, 76 per cent of Britons state that they are set to either spend the same amount of money on gifts this year as they did in 2006 or increase their expenditure…