LATEST NEWS

British homeowners continue to trim mortgage debt Date: 29 December 2009, Author: Steven Jackson

Britons reduced their outstanding mortgage debt by £4.9bn during the third quarter of the year, figures from the Bank of England showed today.

Christmas debt torment for one in ten Date: 29 December 2009, Author: Steven Jackson

Almost one in 10 people went into debt to pay for Christmas and six per cent are still repaying debts from a year ago, says a report.

Repossessions 'loophole' closed Date: 29 December 2009, Author: Steven Jackson

The government has announced plans to close a legal loophole that allowed lenders to repossess people's homes without going to court.

Unemployment 'will peak at 2.8m' Date: 29 December 2009, Author: Steven Jackson

Unemployment will peak at 2.8 million in 2010, according to the latest forecast from the Chartered Institute of Personnel and Development.