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24 August 2012
After 16 months of continuous increase, household debt levels finally stabilised during August.
That's according to the Markit Household Finance Index (HFI), a monthly publication that gives us some insight into how well households are doing when it comes to things like spending, saving and debt levels.
10 August 2012
So far this year, over 23,000 people in England and Wales have entered an IVA (Individual Voluntary Arrangement). That's the official figure from the Insolvency Service .
Of course, it's not an up-to-the-minute figure. The statistics show us how many people entered an IVA in the first two quarters of the year - so between the start of January and the end of June.
20 July 2012
Over the last 12 months, we've seen the number of IVAs (Individual Voluntary Arrangements) in England and Wales fall by 4%, while bankruptcies have fallen by a full 28%.
On the other side of the coin, the number of DROs (Debt Relief Orders) has increased by 13%. Altogether, personal insolvencies have dropped by 7% over the last year.
100,000+ tenants over two months behind on rent
Following on from the previous news story about rising rents, recent figures show that more than a hundred thousand people in England and Wales alone are more than two months ...
Monthly rents over £700
Rents are rising. Across England and Wales, the average private tenant was paying £712 per month in May . This means rents have increased 2.3% over ...
No base rate rise until mid-2016?
Yesterday's Bank of England decision on the base rate was no big surprise. The rate's been down at 0.5% since March 2009, and it's unlikely to rise while ...