Archives for February 2007
Seven Billion Reasons…
Sympathy for banks took another nose dive today when Barclay’s bank released figures announcing a 35% jump in annual profits to a staggering £7.14billion. Furious consumer groups were outraged at these latest figures bearing in mind the innocence banks proclaim regarding bank and interest charges.
Further exasperating these groups is the lack of information offered by […]
Credit Card Debt
In the last 12 years, UK personal debt has more than tripled with it currently standing in excess of £1.25 trillion. According to Credit Action, the average UK household has debts of £8765 (excluding mortgages) and £52,811 including mortgages. On average, this equates to every adult in the UK owing £27180 inclusive of mortgages.
The […]