Archives for December 2006
A Serious Problem?
The news papers are full of headlines illustrating the spiralling debt we are amassing, but how much of a problem is it? There are four key causes why it is such a problem;
Although it is only a small fraction of the total population whom find their debt a heavy burden – around 4 million – […]
Is Recession Round The Corner?
House prices in England are still swelling with no sign of letting up, prices last month (September ‘06) were up by 0.4%, this month was a staggering 0.6%. The largest increase since August 2004 has now pushed the average price for a house up to £169,600, London still leading the way with a rise of […]
Changing Attitudes
It seems that attitudes are changing towards CCJ’s, the court rooms are full of people who have failed to pay fines or tickets and 80% of the time they don’t even turn up to the hearing. This change in mind-set has sparked an increase in CCJ’s being dished out by judges, the first time in […]
Xmas Spree
T’is the season to spend loads of money, sha la la la la, la la la la. Is this the real reason for Christmas? Have we totally commercialised the biggest religious holiday on the planet, well maybe with a little help from our friends across the pond! We spend 100’s of millions of pounds on […]
Better Late Than Never
Finally a major bank has broke its silence on the crippling debt problem we are facing in the UK, HSBC released figures which don’t look good for consumers struggling with debt. For the first 6 months of 2006 it wrote off a staggering £96 million in bankruptcies and insolvencies, nearly 40% more then the same […]