Christmas is obviously a time of year when people spend a lot. However, the carefree attitude can be more expensive than it needs to be. For example, store cards can be very ‘helpful’ with their offers of instant credit and in-store discounts, which can be 10% or even 20% off the price of goods in the [...]
Continue reading...10. December 2007
Young people in Britain today are attempting to pursue a celebrity lifestyle on guttersnipe wages, and the numbers simply don’t add up. Experts claim that such a high-spending lifestyle beyond affordability is akin to committing financial suicide, and they are showing a reckless attitude to borrowing. Bankruptcy is not seen as shameful, but rather as a [...]
Continue reading...7. December 2007
House prices are continuing to stall as they fell for the second consecutive month in November as high interest rates continued to impact the market. Housing information group Hometrack reported that the average cost of a home in England and Wales fell back by 0.2% in November to £175,700. The fall came on the back of [...]
Continue reading...6. December 2007
The sale of Northern Rock is still up for grabs. It looked last week as though Richard Branson’s Virgin Money were on the brink of a deal, but it’s not done yet. Indeed it began to look at the start of this week as though there may be a competitive auction for the ailing bank. As doubts [...]
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17. December 2007
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