19th February 2018
Households facing five year debt increase

Households facing five year debt increase

Big increases in mortgage costs and other expenses will hit families hard if interest rates rise. A new study indicates that British households will spend almost a third more on their mortgages and other household […]
12th February 2018
Personal lending outstrips wage growth

Personal lending outstrips wage growth

Analysis from the BBC shows that the value of outstanding personal loans has grown four times faster than wages in the last three years. Data from UK Finance, which represents large banks and building societies […]
1st February 2018
Payday is finally here, but for many people struggling with more serious debt problems, the sense of relief will only be minor.

Payday finally arrives but finances still bleak for many

Payday is finally here, but for many people struggling with more serious debt problems, the sense of relief will only be minor. Many families will be glad to see the end of January. Extra spending […]
29th January 2018
What to do if you can’t pay your income tax bill on time

What to do if you can’t pay your income tax bill on time

The self-assessment deadline is less than a week away on January 31. You must have submitted your tax return and settled your income tax bill before this date, or you will be liable for additional […]
22nd January 2018
What to do if Carillion owes your business money-01

What to do if Carillion owes your business money

Carillion was forced into liquidation last Monday putting thousands of contractors and small businesses in an uncertain position. Industry groups and business analysts are concerned that Carillion’s collapse could send shockwaves through the economy, causing […]
15th January 2018
Most Brits won’t pay off Christmas until April

Most Brits won’t pay off Christmas until April

Christmas is expensive. As more people are choosing to put festive spending on credit, the average Brit now suffers from a three-and-a-half-month debt hangover in the New Year. Research shows that a typical British adult […]
9th January 2018
HMRC bans credit card tax payments before tax deadline

HMRC bans credit card tax payments before tax deadline

HM Revenue & Customs is set to ban taxpayers from using a personal credit card to pay their tax bill from January 13, less than three weeks before the January 31 deadline for 2016-17 payments. […]
14th December 2017
Christmas spending in figures

Christmas spending in figures

Christmas is always an expensive time of year. But when prices are going up and real incomes are falling is Santa’s list going to be any shorter this year? We’ve looked into some of the […]
11th December 2017

OECD praises UK for killing off ‘Zombie Firms’

The Organisation for Economic Co-operation and Development (OECD) has praised the UK’s streamlined insolvency system, saying that other countries should follow Britain’s lead in killing off living dead companies. In a paper focused on productivity […]
4th December 2017
RBS debt unit failed small business clients

RBS debt unit failed small business clients

The Royal Bank of Scotland’s specialist debt unit failed 90% of small businesses that were referred to it, according to the Financial Conduct Authority. The bank, which is 70% owned by the taxpayer, was forced […]