April 2008 - From the 'papers

Credit Cards - The Dash for Cash

Plastic is no longer seen as fantastic; with the credit crunch biting ever deeper many consumers are abandoning their credit cards and turning to cash once more. In a survey of more than 17,000 shops, it was found that cash was used for more than 60% of the transactions and accounted for nearly a... More

Bank Accounts - Plight of Britain’s Poor

The abolition of the 10p tax band which came into effect at the beginning of this tax year is causing misery for many of Britain’s poorest members and has led to a potential rebellion by many Labour MPs. Five million households from the lowest income scale are expected to be affected and some ... More

Payday Loans - Return of the Great Depression?

Chancellor Alistair Darling described the current global financial crisis as ‘the biggest economic shock since the Great Depression’ on Friday but was at pains to stress that a crash in the housing market on the scale of the 1990s was unlikely. He urged banks and building societies to pass on last... More

Remortgage - Feeling the Pinch

Even the more affluent amongst us are planning to cut spending this year, according to a report by financial provider Axa. In families with an income of over £30,000 per annum, three in four are planning to tighten the purse strings over the next twelve months. Overall, 70% of households are ... More

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