Wonga agrees to limit roll over loans to three months
30 January 2012
Wonga, the biggest payday loan company in the UK, has signed up to an agreement that will limit the amount of times a loan can be 'rolled over' to three months, reports The Independent . Hopefully, that should go
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UK: Double dip recession and growing debt
26 January 2012
The UK economy shrank by 0.2% in the final quarter of last year, according to the Office for National Statistics (ONS) . If this trend continues throughout the first three months of 2012, then the UK will be in
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Low and middle-income earners' finances 'won't improve until 2020'
23 January 2012
The Resolution Foundation, an independent think tank, says millions of families won't see an improvement in their income until at least 2020 - although wealthier families will see an improvement of 4% over the same period, according to The
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Families 'cutting back on food and fuel to pay the mortgage or rent'
19 January 2012
The homelessness charity Shelter reports a 60% increase in the number of families who are cutting back on essential spending, so they can afford their mortgage or rent, since 2008.
According to the charity, more
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Think tank says UK back in recession
16 January 2012
The Centre for Economics and Business Research (CEBR) says the UK has 'double-dipped' back into recession and predicts interest rates won't rise until 2016, reports The Telegraph .
CEBR believes the economy actually shrank during
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