Yorkshire folk are among the most financially comfortable in the UK and half as likely as people in Lancashire to struggle with their money according to research from leading debt management provider, Chiltern.
Only one in 15 Tykes said their finances were a struggle compared to one in seven in Lancashire and one in nine nationally.
Nearly [...]
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Monthly Archives: July 2008
Yorkshire folk financially better off than people in Lancashire
A higher fine for city cheats
The FSA (The Financial Services Authority) wants to impose considerably higher fines on companies, or individuals, who treat their customers dishonestly or take part in insider dealing.
The FSA are concerned that the current level of financial penalties is not high enough, and does not do enough to deter individuals or firms from engaging in bad [...]
15 Per cent worse off than 2003
The average household is now 15 per cent worse off than it was five years ago, according to a study by Ernst & Young.
In 2003 the average household would have £909.84 of income left over each month, compared to £772.79 in 2008.
Its Annual Discretionary Income Study found that after tax and household bills were subtracted, [...]
Debt funding mortgage payments
Rising living costs are forcing people to take out loans or use their credit cards to pay for mortgages and rent, a study from Moneysupermarket has found.
Their research found that seven per cent of people had taken out personal loans because of the rise in mortgage or rental costs, and nine per cent of people [...]