December 2011

Money worry calls to Samaritans 'doubled since 2008'

The number of people calling the Samaritans with financial concerns and debt problems has doubled since the financial crisis began in 2008, the BBC reports. A YouGov survey on behalf of the Samaritans, spanning 12 months, found Read more

Markit survey reflects dire financial situation for many

The Markit Household Finance Index tries to anticipate consumer behaviour in the coming months. The latest findings indicate that household finances worsened faster this December than at any time during the previous four months. The findings are pretty grim Read more

UK unemployment reaches 2.64 million

The latest UK unemployment figures for the three months to October show that the jobless rate was 8.3%, up from 7.9% on the previous quarter, according to the BBC . Young people have been the hardest hit by Read more

Average debt for UK families over £10,000

According to research by Aviva, the average UK family is heading into Christmas with £10,603.75 of debt, which doesn't include their mortgage, as reported by dailymail.co.uk . Unsecured debts aren't secured against property and include things like credit Read more

Do you have £50,000 set aside for retirement?

A comprehensive survey spanning 12 countries by the private healthcare providers Bupa has found that less than a third of British people think they need to save for their retirement. According to the UK Director of Bupa , Read more

Most people would still lend £50 to a mate despite the economy

A survey into people's finances at Christmas by MoneySupermarket.com suggests that three in five of us are able and willing to lend £50 to a mate this Christmas if they need it. However, a quarter wouldn't or couldn't lend Read more

46% of over-55s say Christmas causes 'financial strain'

Christmas is an unavoidably costly time of year for many parents: from buying the latest 'must-have' gifts for the kids and decorating the house, to providing food and drink for all the family. However, new research from Aviva has indicated Read more

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