The number of people seeking help from free debt advice agencies has risen in the last year, a new survey shows. Some 1.54 million people sought help with excessive borrowing in 2011, compared with 1.4 million the previous year, the study by the Money Advice Trust has shown. Figures also show around 10 million individuals [...]
Workers gave bosses nearly two billion hours of unpaid overtime last year, enough to create a million extra full-time jobs, according to the TUC. The 1,968 million hours of overtime is worth £29.2bn to the UK economy. The study found 5.3 million workers put in an average of 7.2 hours of unpaid overtime a week [...]
One in seven Britons has turned to credit such as a payday loan or unauthorised overdraft to help cover their rent or mortgage in the last year. Shelter, who carried out the research, has warned that relying on such methods could lead to people losing their homes. The figure equates to almost seven million people [...]
The huge impact of soaring fuel prices was laid bare today as Midland firms revealed they are being crippled by rises while motorists are priced off the road. Figures today revealed petrol sales plummeted one billion litres in the first nine months of 2011 – and the AA warned of an even bigger drop in [...]
Some UK rail users are paying almost ten times more than other European commuters for their season tickets, yet fares are set to rise further still. A 2011 season ticket from Woking in Surrey to London, including Tube travel, comes to a pricey £3,268, while a similar journey from Velletri to Rome sets Italian ticket [...]
Purchases via smartphone hits record numbers as barcode scanners allow price comparison on the move. Post-Christmas bargain hunters have ushered mobile shopping into the mainstream, with retailers reporting a big rise in customers using smartphones to compare prices and snap up sales offers online. Mobile traffic to the John Lewis online clearance sale has soared [...]
Companies will be banned from applying “hidden” credit and debit card surcharges to push up the price of flights, concert tickets and other goods. The Government has signalled it will put a stop to the controversial practice by the end of 2012 following an investigation by the Office of Fair Trading (OFT). The OFT had [...]
UK consumers will spend £186m online on Christmas Day, a retail group forecasts, with the Boxing Day spend expected to be in excess of £365m. It has traditionally been a day when most people do little more wolfing down Christmas lunch before blobbing out on the sofa to watch the Queen’s speech or a TV [...]
Train fares will rise by an average of 5.9% in January 2012, the Association of Train Operating Companies has said. In his Autumn Statement last month, Chancellor George Osborne capped fare increases at 6%, instead of the expected 8%. Fare rises are linked to July’s inflation, as measured by the Retail Prices Index, which stood [...]
British workers are being forced to take second jobs to tackle the rising cost of heating their homes this winter. PeoplePerHour.com, Europe’s biggest marketplace for online companies, has reported a 54pc rise in Britons joining its site to find extra work in the past month. In the past six months, the website has seen an [...]
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