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Tag: Money
Spending on debit and credit cards increases
Spending on debit and credit cards increased by 3.6% in April in a year-on-year comparison. The research was conducted by Barclaycard and suggests that consumers may have a renewed confidence in the UK economy.
New consumer credit lending increases
The latest figures from the Finance & Leasing Association (FLA) have revealed that consumer credit lending by FLA members increased by 1% in three months to March.
Universal Credit pilot begins
The four-year rollout of the controversial new universal credit benefits payment has begun for a small number of new claimants in Ashton-under-Lyne in Greater Manchester.
What shop closures can teach us about our finances
2012 was undoubtedly a golden year for sport in the UK, but it was in many ways a bad year for sporting goods shops – along with card, computer game, clothing, health food and many other retailers.
Consumers unaware of credit card interest rate
Despite recent research revealing that 42% of consumers are turning to credit cards to stay afloat until payday, it seems that many credit card holders are still unaware of the interest rates they are paying on their borrowing.
UK narrowly avoids triple-dip recession
The latest official statistics have revealed that the UK economy expanded by a figure of 0.3% in the first quarter of the year, allaying fears that Britain was poised to plunge into a triple-dip recession.
Fraudulent mortgage applications on the rise
Experian has revealed that for the sixth year running, mortgage application fraud rose in 2012 – this time by 9 per cent from the 2011 figures.
Benefits cap trial set to affect 40,000
The government’s nationwide cap on benefits payments began last week with a trial in the London Boroughs of Haringey, Enfield, Croydon and Bromley.
