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British Gas imposes 35% bill rise
31/07/2008
British Gas has hiked gas bills by an unprecedented 35 per cent yesterday.
The energy provider, which also increased electricity costs for customers by nine per cent, has been fiercely criticised by charities for the move.
On average, an extra £261 will be paid by the firm's customers - bringing the annual household bill to over £1,300.
Continue reading; British Gas imposes 35% bill rise
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Agency predicts 'negative equity crisis'
31/07/2008
One in seven UK householders could be in negative equity in the near future, Standard & Poor's (S&P) has claimed.
Data released yesterday from the ratings agency shows that a predicted 17 per cent fall in house prices from current levels in 2008 would leave 1.7 million homes - 14 per cent of the total - with mortgages worth more than their property.
Britain's buy to let landlords are anticipated to be particularly badly hit by the trend - with S&P estimating that one in five will fall into the financial trap.
Continue reading; Agency predicts 'negative equity crisis'
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Consolidation loans 'becoming more expensive'
31/07/2008
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Cash-strapped families 'skipping meals'
30/07/2008
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Credit card rate rises hit one in three Brits
30/07/2008
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Britons are living beyond their means, insurer finds
30/07/2008
- 29/07/2008 Overdraft usage 'on the increase despite rise in rates'
- 29/07/2008 Agent offers gloomy prognosis for housing market
- 29/07/2008 Inadequate savings levels revealed by study
- 28/07/2008 MPs' committee warns of energy bill hikes
- 28/07/2008 Credit Card Rates 'Raised to 34.9%'
- 28/07/2008 Payday loans providers 'must be cracked down on'
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