The rate of inflation fell dramatically by 0.6% between November and December 2011 but still remains high for UK households.
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Inflation has hit a three-year high of 5.2%, and consumers feel this is having a direct impact on their finances. Here are some inflation-busting tips to help ease the financial strain.
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A growing number of people are relying on the money they put away in accounts with the best savings rates to pay their bills, new research has shown. Legal & General has issued a report
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More than five million households in the UK are failing to access the best interest savings rates to create a nest egg for the future, it has been claimed. Leading debt charity the Consumer Credit Counselling
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UK households are increasingly finding their finances stretched as they struggle to pay off debts and save cash for a rainy day. New research from the Bank of England highlights that 90 per cent of people
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UK households amassed over £800 billion in new savings since the start of the decade, according to research published by Lloyds TSB. Between the start of the decade and 2009, UK households accumulated
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Consumers are better off raiding their savings than taking out high interest loans in the current environment, according to one financial advice website. A spokesperson for Candidmoney,com said many UK
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Lenders should be more sympathetic when it comes to managing consumer debt, it has been claimed. David Rodgers, managing director of the Debt Advice Foundation, said solutions which aim to return some
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Lenders should be more sympathetic when it comes to managing consumer debt, it has been claimed. David Rodgers, managing director of the Debt Advice Foundation, said solutions which aim to return some
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Households in Britain will spend an average of £5,000 over the coming year, simply paying off the interest on loans, it has been reported. According to the Precious Plastic report, published by professional
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A home is being repossessed every 11 and a half minutes in the UK, it has been reported. Latest figures from Credit Action show that the recession is starting to affect more households, with an increase
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High levels of personal debt in the UK may be hindering the nation's ability to recover from the global economic downturn, it has been suggested. Commenting after gross domestic product figures for the
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