Tag Result: debt
‘Weak economic case’ for big tax cuts in Budget, IFS warns
There is only a “weak economic case” for sizeable tax cuts in next week’s Budget due...
Savings rise and borrowing falls in December – Bank of England
The Bank of England Money and Credit report shows that savers paid £5.4bn into banks and ...
Nearly half of people with adverse credit say overall debt up in last year
Around 43 per cent of people with adverse credit say that their level of debt has gone up ...
High interest rates boost household income by £16bn – Resolution Foundation
Successive rate rises by the Bank of England combined with savings from the pandemic have ...
Base rate frozen at 5.25 per cent as inflation set to hit target by end of 2025
The Bank of England has held the base rate at 5.25 per cent for the second time in a row, ...
Term extensions and interest-only could bring ‘higher debt burdens in future’, BoE warns
The Bank of England (BoE) has warned that extending mortgage terms and switching to intere...
Metro Bank secures £925m finance package
Metro Bank has obtained a finance package worth a total of £925m following reports that i...
Two in five reluctant to discuss financial pressures with their lender or landlord
Two-fifths (39 per cent) of people are uncomfortable talking about budget pressures with t...
Demand for debt consolidation ‘spiking’ as the ‘only way to make ends meet’ for some ‒ analysis
Consolidating debts by remortgaging is the only option some clients have to keep their hea...
‘Worst’ lenders for SVR named and shamed ‒ TotallyMoney
Virgin and Metro Bank have topped a new table for the ‘worst’ lenders for standard var...