October 2014 blog posts

Leading financial providers not up to speed on consumer law

Credit cardA new survey conducted by Which? has demonstrated that several major financial providers are unable to correctly answer questions from consumers about the level of …

Spectre of Mansion Tax pushes down house prices in central London

How to get on the property ladderTop end homes in central London, valued at between one and two million pounds, have dropped in price 20% over the last half year. This …

Leading price comparison sites accused of ‘hiding’ best energy deals

ElectricFive of the UK’s most high profile price comparison sites have been accused of behaving unethically, by ‘hiding’ the most competitive energy deals from consumers. …

Ministerial accounting mistake could potentially cut UK borrowing by £10billion

Bank notesThe UK may be in a position where it needs to raise far less than predicted from the financial markets in 2014. This came to …

Identity fraud detection on the increase

FraudThe credit reference agency, Experian, has released a report showing that there has been a sizable increase in the number of confirmed identify thefts since …

Big increase in UK new car sales

car-keyA significant increase in customers taking out finance for new car purchases would appear to be a positive marker. However, analysts are pointing to the …

Rise in overdrafts and loans in 2014

Old Fashioned Bank SignA new report published by the BBA (British Bankers Association), shows that following an extended interlude of period of decline, net borrowing – specifically overdrafts …

The vicious circle of UK debt

Claim CPPA new report shows that credit cards remain top of the charts when it comes to unsecured borrowing. Many households are finding themselves in an …

New EU rule negatively affects UK debt figures

UK debtIt comes as no surprise that the UK as a nation has long been struggling with debt. The financial crisis and subsequent recession were …

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