News

Consumer lending has slowed. The Bank of England released figures this week showing consumers are being cautious. With the slowest growth in lending for four years. Consumers remain cautious. Economists believe these figures just underline the loss of momentum in the economy ahead of Brexit. The signs towards the end of last year of consumers ...

Home repossessions falling is, at last, a glimmer of some good news.  There has also been some good news for buyers trying to buy their first home. With the price of buying a home easing slightly, especially in London Lower levels of home repossessions in recent years. Industry figures show that the number of homes ...

Announced nearly two years ago by the government, the ban has only now come into place.  The ban is introduced on nuisance calls about pensions. The government has been criticised for taking so long to introduce it after their announcement. Although, restrictions on unsolicited texts and emails about pensions have already been put in place. ...

The Financial Ombudsman Service (FOS) has still to resolve 30,000 claims. This is the number of claims that have not yet even been allocated to a case officer.  It is a threefold rise in unresolved cases since 2016. On top of that, there are another 8,000 claims still waiting for adjudication. A lot of claims ...

A recent YouGov survey has revealed that more than a quarter of us began 2019 feeling uneasy about our financial situation. But how many people are seeking much-needed advice? Two-thirds of respondents to the survey have felt this way for more than a year. And a fifth say they have felt uneasy for more than five ...

The Bank of England has set out some useful information about the different kinds of debt most people will have.  Not all debt is bad. Some debts, such as mortgages, are necessary for many households. Read below what the Bank of England says about different types of debt that the majority of UK adults have: ...