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Graduates ‘Face Debt Sentence’

Young people are delaying buying a home and starting a family as they face an increasing "debt sentence" after leaving university, it has been suggested.According to a study carried out by uSwitch, those graduating from higher education this year will owe a total of 3.2 billion pounds via student borrowing, more than twice the 1.2 [...]

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Consumers ‘Worried’ At Thought Of Base Rate Rises

The prospect of changes to the base rate by the Bank of England's monetary policy committee (MPC) are a source of concern for millions of Britons, the publication of new figures reveal.In research by ICM commissioned by Intelligent Finance, some 41 per cent of consumers feel either "worried" or "extremely worried" in anticipation of the [...]

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Interest Rates ‘Curbing’ House Price Growth

Property prices grew by their slowest rate for some 18 months, new research indicates.According to a study by Hometrack, the value of the average house increased by some 0.1 per cent over the course of July to 176,300 pounds - the lowest monthly increase noted since the beginning of 2006. With the latest figures indicating [...]

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Homeowners \’Feel Pressure\’ Of Interest Rate Rises

Britons are raiding their savings accounts in an attempt to supplement overspending in other areas of their finances, new figures reveal.Research carried out by Birmingham Midshires showed that although the three interest rate rises carried out by the Bank of England so far this year, in addition to speculation of further increases, have seen less [...]

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