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Credit Crunch
Cost of Christmas mounts up for some families
Christmas may be a time for celebration, but it often incurs a heavy cost to families, and research has found that nearly ten million consumers in the UK will take on additional debt to cover expenses during the festive period. The study by Moneysupermarket.com found that just over half (57 per cent) of people have… Read more
Posted in Credit Crunch, House
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What is an IVA?
An Individual Voluntary Arrangement or IVA is a legally binding agreement between you and your creditors that is designed to provide an alternative to bankruptcy. The arrangement usually lasts for a period of up to five years, after which you will be cleared of any debts included in your arrangement. If you sign up to… Read more
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UK high street taken over by pound shops
Bargain retailers are moving beyond the high street and into shopping malls, according to new figures. A report from retail consultants Trevor Wood Associates shows that the likes of Poundland, Greggs, Card Factory and Peacocks are showing the fastest tenancy growth in the market since 2008. The report monitors 500 shopping centres shows that discount… Read more
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