How to take back control and address the impact debts are having on your finances
MoneyMagpie.com teams up with Community Money Advice to talk about tackling debts during a cost-of-living crisis. Daily Express :: Finance Feed
EDF Energy pledges to wipe debts of most vulnerable customers this winter
Eligible customers will receive an average of £1,250 to clear energy bill debt through EDF Energy’s ‘Frest Start’ initiative. Daily Express :: Finance Feed
Top UK cities where debts have shot up over past year as average increases by 19%
Average unsecured debts are at more than £18,000 with many Britons struggling to cover their daily costs. Daily Express :: Finance Feed
Pensioner couple clear debts and are ‘living the dream’ after ‘life-changing’ advice
A retired couple’s new life feels just like a holiday after they used any increasingly popular way of paying off their debts. Daily Express :: Finance Feed
Putin humiliated as ‘only a matter of time’ before Russia defaults on foreign debts
RUSSIA IS set to default on its foreign debts for the first time in over a century. Daily Express :: World Feed
‘Best-kept secret’ How a Council Tax tip could see certain Britons write off their debts
COUNCIL TAX debt may be worrying for some individuals, particularly as it could easily spiral out of control. However, there are ways to tackle this problem and get on top of one’s finances again. Some may suit certain individuals better than others, but there is a specific option for those at the end of their […]
Rishi Sunak wants savings to be spent post lockdown – savers urged to cover debts instead
RISHI Sunak reportedly hopes consumers will spend their built up savings once the economy opens back up again. This hope was aimed specifically at those who have been forced to work from home but expert guidance has been issued on what savers should do with their funds instead. Daily Express :: Finance Feed
Inheritance tax UK: How to cover debts following an ‘unexpected windfall’ of cash
INHERITANCE tax is usually paid by funds from an estate and this is handled by the person dealing with the estate, who will be an executor if there’s a will in place. However, in some instances the beneficiaries of the assets may have to pay IHT if an estate can’t or doesn’t pay it and […]
FTSE 100 LIVE: UK debts hits £2 TRILLION for first time ever after huge spending spree
UK borrowing has hit record levels after spending soared during the coronavirus crisis. Daily Express :: Finance Feed
Mortgage: Equity release being used to cover debts – £588million used to pay back arrears
PENSION-aged savers are talking their debts with wealth from their property, according to new research. Equity releases can be used to “unlock” cash from an owned property and money from these releases are being used to pay off debts. Daily Express :: Finance Feed