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Consumers ‘Need To Be Financially Careful’

With financial conditions set to worsen over 2008, consumers need to take steps to safeguard their finances, an industry expert has warned.According to Angela Knight, chief executive of the British Bankers' Association (BBA), people must be careful with how they manage their money during the next 12 months. She also pointed out that Britons should [...]

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Borrowers ‘Need To Plan Ahead’

The availability of loans and other types of borrowing may be set to diminish, a new Bank of England report shows.In the Bank's latest Credit Conditions Survey, a number of loan lenders have stated that they have had to become stricter about to whom they issue borrowing. And with many Britons finding that mortgages are [...]

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