Debt management weekly roundup

In the news this week, new research from Moneysupermarket.com revealed that two in three (66 per cent) people wouldn't lose any sleep about their debt problems, even if they missed energy bill payments.

On top of that, only a third (35 per cent) would start to worry if debt collectors started knocking on their door.

Kevin Still from Atlantic Financial Management calls the figures "worrying" and points out that his debt solutions company makes sure that priority payments, like utility bills are met.

In other news, the core rate of inflation has risen to the highest level since 1997. This indicates that consumer inflation may rise in the future, leading more Britons to look for debt advice.

And whilst the numbers out of work have dropped to 2.47m, experts don't expect it to last. The average earnings growth has also dropped to 2.7 per cent, lower than the inflation rate of 3.2 per cent.

Meanwhile, the Tax Payers' Alliance fears that national debt levels may be closer to £8tn, rather than the £4tn stated by the Office of National Statistics.

Debt management weekly roundup

11/03/2011

The theme of the news in the realm of debt management this week, seems to be about how people with d ...

Debt management weekly roundup

04/03/2011

The big news in the field of personal finance and debt management this week has been the European Co ...

Debt management weekly roundup

25/02/2011

It appears debt problems could well be made worse by Brits underestimating the cost of life's big ev ...

Debt management weekly roundup

18/02/2011

Debt problems are still rife in the UK in 2011, despite the recession officially ending several mont ...