Families Who Have Stopped Saving in the Credit Crunch Has Risen Dramatically

Posted on 02. Jun, 2009.

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The number of families who have stopped saving in the credit crunch has risen dramatically, figures from Scottish Widows savings and investment report reveal. 85% say they have nothing to put aside, compared to 50% a year ago.

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A Nation of Teenage Money Dunces

Posted on 29. May, 2009.

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According to a poll of 1,000 youngsters aged between 12 and 19 conducted by education charity Young Enterprise, teenagers grasp of basic money matters is woefully weak.

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CEBR: Number of UK millionaires has more than halved

Posted on 27. May, 2009.

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According to the Centre for Economics and Business Research (CEBR), the number of UK millionaires has more than halved as the earnings of the super-wealthy take a big hit from the recession.

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Charities struggle in recession

Posted on 26. May, 2009.

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Charities ability to carry out vital work is being undermined by a huge fall in the level of donations. More than half of them have been affected by the economic downturn according to data published by the Charity Commission, with a third putting in measures such as dipping into reserves, reducing staff and increasing fund [...]

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UK debt: Rating agency warning

Posted on 22. May, 2009.

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A leading credit rating agency has revised down its outlook for the UK economy due to concerns about its significant debt burden.

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Police in credit card abuse

Posted on 20. May, 2009.

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About 35 cases of fraudulent use of American Express cards by police officers of Scotland Yard are being investigated by an Independent Police Complaints (IPCC) Commission. One detective officer of the Specialist Operations division has been released on bail after questioning on Tuesday.

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Spending on credit cards down 3%

Posted on 18. May, 2009.

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According to the payments association Apacs, UK consumers have turned away from credit card spending during the recession. Spending on credit cards dropped by 3% in the first three months of 2009, compared with the same period in 2008.

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10 Ways to Cut Travel Costs

Posted on 16. May, 2009.

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Take a vacation that is relaxing for your mind and pocketbook with these 10 tips to save on travel costs.

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Visa testing credit card with built-in display

Posted on 14. May, 2009.

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Visa are testing a credit card with a built-in display with the aim of reducing online fraud. The Emue Card generates and displays a unique code each time it is used.

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Best Practice Credit Card Service by Companies is on the Rise

Posted on 13. May, 2009.

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In recent years there has been an increase in credit card fraud and other forms of fraud, and as such media and the public at large are taking more of an interest in protecting their financial security and identity.

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