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People need £466 more per month to feel comfortable

25 October 2021
In spring of this year, the Aviva Times of Our Lives Report was launched. It looks at the worries, experiences and ambitions of different age groups in the UK - including their financial goals and concerns. ... read more »

Brits 'shying away' from debt

24 October 2021
Debt - it's been on everyone's lips over recent years. Recession, worryingly high levels of national debt, worryingly high levels of personal debt - they're national issues and very difficult to ignore at the moment. ... read more »

26% of homeowners 'worried about repossession'

23 October 2021
New research from Which? has found that 50% of people in the UK are worried about rising mortgage rates, and more than a quarter (26%) of people with mortgages are worried about having their home repossessed. ... read more »

Unemployment levels fall; job security improves

19 October 2021
Unemployment is an on-going problem - and the issues it can cause people are a real concern. One of the most obvious stress factors associated with unemployment is the financial problems it can cause, such as debt. ... read more »

£7m funding for projects helping 'debt-driven' homelessness

8 October 2021
Schemes across Scotland that help people who are facing homelessness due to debt problems are set to receive £7 million of funding. ... read more »

We need to talk about debt

5 October 2021
According to research by Santander, the three most 'taboo' subjects in conversation are: ... read more »

Minimum wage increase 'won't help with debt problems'

4 October 2021
The increase in the national minimum wage will not be enough to help people struggling with their debts, according to a spokesperson for All About Money. ... read more »

Freshers expect to graduate with £39K debt

3 October 2021
This year's intake of bright-eyed and fresh-faced students already expect to leave university with £39,000 of debt. That level of debt is almost double last year's students, who expect debts of around £20,000, according to research by the Money Advice Service. ... read more »

SVR mortgage rate rises - homeowners warned to shop around

2 October 2021
The Daily Mail reports that 1.5 million families on SVR (Standard Variable Rate) mortgages could see a rise in their cost of living, as the cost of borrowing reaches a 42-month high. The exact number of people on SVR mortgages is unknown but it is thought to have risen sharply since the Bank of England base rate was cut to 0.5%. ... read more »

When will you be free of your debts?

1 October 2021
Have you ever experienced a time when you felt completely financially comfortable? Well, Skipton Building Society has found that the average British person has just seven years of 'complete financial freedom' in their lifetime. UK adults apparently have a 'window of wealth' when they're aged between 58 and 65. ... read more »

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