Archives for 18 April 2007
Britons have ‘lost their senses’ over financial issues
As Britons have become more affluent, they have started to behave more erratically when dealing with their finances, according to one expert.
MP Phil Willis, former education spokesperson, told the House of Commons yesterday that younger people face a “complex financial picture”.
He argued that financial education should be taught as a core skill alongside literacy […]
Inflation rates ‘may lead to increased debt problems’
Rising inflation rates could lead to increasing numbers of consumers being faced with debt problems, according to experts.
Speaking on Radio 4’s PM programme, Citizens Advice officer Lisa Colclough warned that high inflation figures could lead to more debt-faced consumers seeking help from the agency.
Her comments follow yesterday’s announcement that the consumer price index inflation […]