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Debt advice weekly round-up

14/05/2010











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As we enter a new political dawn with the Conservative-Lib Dem government, a lot of the debt help news has been about housing and the banks.

However, the first thing that the new government will need to do is look at the unemployment figures, which rose by 53,000 in the first three months of the year.

In other news, financial institutions are still dealing with a backlog of bank complaints dating back to 2007. This has seen the numbers dealt with in the latter half of last year jump to two million.

This comes as Britons have declared that they want safer banking. Research from the Fair Investment Company has shown that more Britons now consider the safety of their money more important than the rate of interest.

It appears that more people are deciding to put their money into houses instead, according to new figures from the Royal Institution of Chartered Surveyors. As a result, they have seen house prices go up, which would mean greater home repayments for new buyers.ADNFCR-2613-ID-19778253-ADNFCR

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