Income Poverty Rates Similar to Pre-Pandemic Levels, but Financial Hardship Persists
Recent household income statistics reveal a concerning trend: while income poverty…
Ofgem Initiates Consultation on Energy Price Cap Revisions: Exploring Options for Fairness and Efficiency
The energy landscape in the UK is undergoing significant transformation, prompting…
Interest Rates Remain at 5.25% for Fifth Consecutive Month
The Bank of England’s Monetary Policy Committee (MPC) has opted to…
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How significant is the increase in personal insolvencies compared to previous years?
As the cost of living continues to rise, more individuals are seeking debt relief options to navigate their financial challenges….
The Rises in Mortgage Arrears to a Seven-Year High
Recent data from the Bank of England has revealed a concerning trend in the mortgage market, with mortgage arrears reaching…
How to Finance A Car? From No Credit to Low Repayment Options
Purchasing a car is a significant financial decision, and navigating the financing process can be daunting, especially for first-time buyers…
Affordability and Debt: Ofgem’s Call for Input Sparks Dialogue in the Energy Sector
In a bid to address pressing concerns surrounding affordability and debt in the energy market, Ofgem, the UK’s energy regulator,…
How Consumers Are Losing Millions on Unused Subscriptions
In a digital age where convenience reigns supreme, subscription services have become a ubiquitous part of modern life. From streaming…
How to Save Money in Current UK Situations
In today’s economic climate, saving money has become more important than ever for individuals and families across the UK. With…
What factors in the second charge mortgage market in January?
New data from the Finance & Leasing Association (FLA) reveals a 2% increase in second charge mortgage new business volumes…
Empowering SMEs: LSB Introduces Enhanced Guidance for Lenders
The Lending Standards Board (LSB) has embarked on a mission to fortify customer protections and bolster the integrity of lending…
Strengthening Corporate Integrity: Companies House Unveils New Powers to Combat Fraud
In a significant milestone for corporate transparency and integrity, Companies House has unveiled a suite of new and enhanced powers…
The Retail Downturn: Insights into the Fifth Consecutive Month of Negative Sales
The retail sector is grappling with its fifth successive month of declining sales, according to the latest data from BDO’s…