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personal debt

  • Has debt become an inevitable part of life?

    September 27, 2025

    The UK has suffered a bout of economic stagnation in recent years, leaving many Brits in an unstable position, unable to afford everyday essentials or bolster their savings. This has caused a surge in people taking out high-interest loans or entering their overdraft to pay the bills, with people across the country digging themselves deeper [...]

  • Graduates buckled by staggering amounts of student debt

    September 24, 2025

    UK borrowers have become burdened with excessive amounts of student debt, as interest on loans continues to climb. According to a freedom of information request submitted to the Student Loans Company (SLC) by asset manager Royal London, at the end of June 150,453 people had loans of £100,000 or more. This was a 33 per [...]

  • Older Brits hesitate transferring wealth amid retirement cost fears

    September 23, 2025

    Older Brits are hesitant to transfer money to younger family members, despite wanting to provide financial help, as worries over affording care in later life continues to plague savers. According to research from Octopus Money, 50 per cent of UK adults would like to give family members more money in their lifetime but hold back [...]

  • Parents forced to delay retirement to bankroll staggering university costs

    September 4, 2025

    Over a third of UK parents are postponing retirement to fund their children’s university education. According to a new study from wealth manager Rathbones, parents expect to work an average of five years longer than initially planned to afford increasingly higher education costs. However, more than a quarter estimate they will need to extend their [...]

  • ISA season breaks new record despite UK outflows revealing ‘structural problem’

    May 8, 2024

    Charles Hall, head of research at Peel Hunt, warned that the data showed "exactly why the UK market has a structural problem".

  • UK credit card debt jumps as household finances squeezed in warning sign for the economy

    March 18, 2024

    Outstanding debt on UK credit cards jumped nearly 10 per cent last year, according to new data, as households turned to borrowing amid inflationary pressures and the cost-of-living crisis.

  • Running down the clock: Why 2024 is set to be a long year in politics

    January 17, 2024

    While Rishi Sunak is keen to run down the clock to November, Labour are eager to seize what they see as their moment, as we enter an election year.

  • Falling UK debt interest may allow room for tax cuts, Jeremy Hunt says

    December 22, 2023

    Lower levels of UK debt interest may allow room for the government to cut taxes, UK Chancellor Jeremy Hunt has said.

  • Sunak pledges to cut taxes and make Britain the best place for business

    November 20, 2023

    Rishi Sunak has pledged to cut taxes and make Britain “the best country in the world to do business” ahead of this week’s autumn statement.

  • Inheritance tax reportedly could be slashed by Sunak and Hunt at Autumn Statement

    November 16, 2023

    Plans to slash inheritance tax at the Autumn Statement are reportedly being drawn up by No10 and the Treasury.

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