February 2012

Families 'struggle to afford child care'

Childcare costs have risen faster than inflation for ten years in a row, reports The Daily Mail, with some parents paying more for childcare than their mortgage. Families struggling with debt face an additional pressure to make ends meet. Read more

More people helped by the Debt Arrangement Scheme

The number of people who have avoided bankruptcy with the Scottish Government's debt help scheme DAS doubled in the final quarter of 2011, compared with the final quarter of 2010, going from 440 to 878. However, bankruptcies also rose 5% Read more

One in five 'has no spare income'

Once you've paid for all your essential bills, your mortgage/rent and your groceries, perhaps you have money left over for savings, a meal at a restaurant, or taking the kids out for the day. But according to a Lloyds TSB Read more

Could debt consolidation help you to budget?

As many households up and down the UK continue to keep a tight rein on their monthly budgets, new research has suggested that many people are looking to take control of their regular outgoings - in the form of debt Read more

UK household water debts 'total 1.6 billion'

The Mirror reports that British households owe around £1.6 billion to water companies, and water debts have grown by an eye-watering 130% over the last 10 years. It's estimated that 5.7 million households are at least three months behind Read more

Personal insolvency figures for Q4 2011

The final quarter of last year saw the fewest personal insolvencies of any quarter in 2011. In total, 28,973 people became insolvent in England and Wales during the final quarter of 2011, which is 5.6% fewer than the same Read more

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