Household debt is a major problem in the UK.  Many households are teetering on the brink at the moment as wages fall, redundancy rises and inflation rockets.  In short many households are struggling to make ends meet at the moment, and many don’t know were to turn.  If you find that that you are struggling to pay your creditors and make ends meet then an Individual Voluntary Arrangement may... 

The Internet has been about now for quite a few years, however it is still something that is evolving and changing constantly.  As a result many people have found many different ways to use the Internet to either supplement their income from paid work, or become self employed, and use the Internet as a tool for a full time income. And you can do it legitimately without being involved in any scam. ... 

We all know that the price of petrol at the pumps is at an unprecedented high.  In many cases the price at the pump is currently over 133 pence litre in some parts of the country.  The current high price is filtering down and leading to increasing costs of goods and services in the supermarket and stores right across the land.  This in turn is raising the rate of inflation and leading to greater... 

There is hardly a day goes past now when we don’t hear that another business fails.  From big household names like Woolworths at the start of the Credit crunch to very recent ones such as T.J. Hughes and Jane Norman.  Unfortunately it is a sign of the times, and it is likely that there may be more casualties on the High Street.  However many of us will find ourselves in a position were we... 

From the 1st of October 2011 the National Minimum Wage in the UK is set to increase modestly.  The changes, are due to effect all bands, and will increase as follows: The adult (aged 21 and over) minimum wage rate will increase from £5.93 to £6.08 an hour The Youth Development Rate (18-20 year olds) will rise from £4.92 to £4.98 an hour The minimum wage for 16-17 year olds will increase from... 

Over the past decade there had been a steady rise of people purchasing their property using  interest only mortgages. For many people they helped them get onto the property ladder when prices were spiralling out of control, and made the repayments affordable. In the UK nearly a quarter of all mortgages are taken out as Interest Only Mortgages, and according to the FSA’s own research, only 15%... 

Once again the news is out that inflation continues to rise in the UK.  This is despite the the slow economic recovery that the economy is facing, and the threat of spending cuts hanging over the public sector.  While the rate of inflation in the UK may be outside the Governments control mechanism as the current cause is spiralling oil prices and unrest in the Middle East. The effects of inflation... 

I was recently in a large out of town retail park, doing some shopping, and practically every large store I went into were offering me a fantastic opportunity to save up to 20% off my purchase if I took out a store card with them. On the face of it this seemed like a great deal, and a fantastic way to save money –   however be warned!  These cards which look and feel like credit cards have... 

From the dawn of time, people have been lending money to each other in one form or another.  This gradually gave way to the massive financial institutions that we have today forming the banking sector.  However there always has been other alternatives than borrowing from your Bank, as Credit Unions and co-operatives can testify to.  However recently there has been a massive rise in whats knows as... 

Tomorrow is Budget Day.  And what George Osbourne, the Chancellor of the Exchequer, says will effect everyone in the country. What is the Budget? The treasury describes the budgest as “..the major financial and economic statement made each year by the Chancellor of the Exchequer to Parliament and the Nation. Since 1998, the Chancellor has presented the Budget in the Spring. The role of the... 

We have all heard of the term fuel poverty, however very few of us know what it is.  The UK Government defines fuel poverty as housholds that spends more than 10% of their income on heating their home to a comfortable level.  Practically every Government in the past 10 years has promised to eradicate fuel poverty.  In the UK this has been a growing problem, and its unlikely that things will get... 

Back in the 1970′s the Labour Party proposed nationising the banking industry.  The main idea behind it was that the State would control the sector in the interests of the people.  Basically the idea was a staunchly socialist one in the era were the State controlled public Transport,  Electricity, Housing.   Society in Britain was a mixture of social planning, and the free hand of the economy. A...