Tag Archives: recession

Credit cards – in this economy?!

Are credit cards really the best solution in an economy ravaged by debt? That’s a good question and while credit cards might not be suitable for everybody and in every instance there is still a place for them, even in this post-recession, … Continue reading

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Feeling The Pinch – British Consumers Cutting Costs To Make Ends Meet

British shoppers could benefit from switching credit card accounts or to a cheaper utility provider after a report revealed that growing numbers of consumers have very little cash to spare. The report revealed that 32% of people felt they had … Continue reading

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Fuel Prices Start To Rise… Again!

The price of fuel is still adversely affecting motorists’ credit cards and bank accounts throughout the UK, a new report by the AA has revealed. A recent report by breakdown service, the AA, has revealed that the slight dip in petrol and … Continue reading

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Mid & Low Income Families Feel The Pinch

Middle and low income families are feeling the effects of credit card and personal loan debt, in spite of economic recovery, a new report has announced. Whilst the UK’s economy has continued to improved at a laboriously slow rate it is unlikely that many … Continue reading

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Banking Reform On The Cards For Tax Payers

The UK’s economy has felt the reverberating affects of the recession and many of the country’s banks were brought close to collapse. As a result the Independent Commission on Banking (ICB) has released proposals to change the way in which … Continue reading

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Rising Cost Of Food Impacts Consumer Spending

A recent report by the British Retail Consortium (BRC) has reported that food prices have started to creep back up again over the course of April, impacting our wallets and credit cards. The report showed that the price of food in … Continue reading

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High Price Of Fuel Prompts MPs To Urge An Investigation

With the price of petrol having a significant impact on consumer’s credit cards and bank accounts, the Government has been urged to investigate the significant differences in petrol prices across the UK. Tory MP for South Thanet, Laura Sandys, has called for … Continue reading

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Disposable Income Drops To Record Low

Fears that consumers could start to rely more and more on their credit cards or short-term lending such as payday loans are abound following a recent report on disposable income carried out by Asda. The report suggested that families’ disposable income dropped by a … Continue reading

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