debt

Out with the old and in with the new. I love New Year. New Year's Eve parties are always great and wonderfully round off a two-week break over Christmas. A fresh start is always good, personally and professionally. Even the office gets a spring clean...

Some of the comments I've been hearing in response to the government's plan to offer free financial advice to every UK adult within the next five years have been really shocking.

Insurance industry executives believe the savings environment in Britain has improved over the last six months, but there is concern economic and fiscal policies are deterring people from saving.

Financial advice can reduce people's debt by almost a quarter and increase their savings pot by over 40% in 12 months, amounting to a total saving of up to £6,000, according to a social experiment by Axa.

Radio adverts claiming people with money problems can escape up to 80% of their debts are misleading and unethical, debt management company Debt Free Direct said today, reports the Guardian .

Mortgages rarely make it onto the front pages of national newspapers except when the rate of borrowing goes up. However, a recent revelation by one lender was so startling that it made it as the lead item not only in the newspapers but on TV news programmes...

Philip Marsden, director of Vantis Corporate Finance, the business and tax advisory group, says despite record amounts being invested through private equity deals it remains the case it is tricky to strike deals with IFA businesses.

Consumer debt is falling for the first time since the early 1990s, according to Alliance & Leicester's borrowing monitor.

Individual consumer debt in the UK is double that in other Western European nations and is responsible for a third of all unsecured debt in the region, according to the latest research report from Datamonitor.

The Financial Services Authority is preparing to crack down on large banks and insurers which are failing to keep their records up to date and potentially pose a risk to the financial system, says the Guardian .