Almost two out of three people who take out a loan to consolidate their debts go on to borrow more while still repaying that loan, according to Moneysupermarket.
With the cost of essentials, such as food, fuel and electricity, rising in price the fastest, more and more people are finding it hard to cope financially. One […]

The Government has this morning announced the details of its plans to help the financial markets, which include supporting the recapitalisation of eight major lenders.
The firms initially involved in the scheme – Abbey, Barclays, HBOS, HSBC Bank, Lloyds TSB, Nationwide Building Society, Royal Bank of Scotland and Standard Chartered – will have capital facilities available […]

New legislation is being introduced today (October 1) giving millions of people with private pensions greater freedom to invest their money where they choose.
Over the years, eight million have opted out of a State second pension (SERPS). This is the second part of the state pension into which our national insurance contributions are made. The […]

Nearly 14 million households are wasting an average of £490 each per year, or a total of £6.8 billion, by not switching energy provider, according to Confused.
With energy prices rising across the board, and consumers continuing to feel the squeeze, it is important for them to find the best tariff for their personal circumstances.
Fixed-rate tariffs […]

Over a quarter of British couples could be missing out on higher credit interest rates by not pooling their current account cash, according to Lloyds TSB.
While 72% of couples do have a joint bank account, over a quarter choose not to join forces financially despite the fact that in doing so, they could make their […]