News

Increasing debt is not the problem. If anything, the US and UK have enacted fiscal stimulus packages that are much too small...

Head of City watchdog moves to allay fears of property market meltdown. MORTGAGE arrears and repossessions could be at a lower level in this recession than in the 1990s slump, the City watchdog said last week, as lenders warned against tighter regulation.

CONSUMERS who were led to believe they could get their loan and credit card debts written off by claims management companies — in return for an upfront fee — may not get a single penny wiped off the sums they owe...

Consumer confidence in Britain has dived a further 9 points since last October, reports market research company Nielsen & the British Retail Consortium (BRC)...