http://www.kensingtonfinance.co.uk/rssfeed.aspThe latest news about debt: getting out of it - and keeping out of itwebmaster@kensingtonfinance.co.uk (Chris Smith)en-usMoney Advice GroupThu, 11 Mar 2010 19:29:33 GMThttp://www.kensingtonfinance.co.uk/debt-news/Debt-management-companies-face-improved-regulation-0078.aspThe UK government is launching a consultation into the procedures of debt management companies. Kensington Financial Management Consultants welcome further industry regulation and are members of the Debt Resolution Forum – an organisation designed to increase standards within the industry.http://www.kensingtonfinance.co.uk/debt-news/Debt-management-companies-face-improved-regulation-0078.aspWed, 06 Jan 2010 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/Money-problems-top-2009-concerns-0077.aspA recent survey conducted by Samaritans indicates that 48% of the UK population has worried about their money problems and debt in 2009.http://www.kensingtonfinance.co.uk/debt-news/Money-problems-top-2009-concerns-0077.aspThu, 17 Dec 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/Christmas-moneysaving-tips-0076.aspA festive selection of tips to help you avoid debt this Christmas.http://www.kensingtonfinance.co.uk/debt-news/Christmas-moneysaving-tips-0076.aspTue, 01 Dec 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/Bad-credit-card-debts-to-increase-0075.aspBad credit card debts in the UK are set to soar to 9%, according to a recent report. As bad debts increase, the borrowing rates on cards may also soar and more consumers will seek debt consolidation solutions.http://www.kensingtonfinance.co.uk/debt-news/Bad-credit-card-debts-to-increase-0075.aspMon, 09 Nov 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/Half-term-holiday-price-hike-0074.aspBrits planning to take a break with the family this half term, be warned: holidays taken during this school holiday will be 104 per cent more expensive on average than holidays taken a week later, with some families facing a premium of up to 249 per cent.http://www.kensingtonfinance.co.uk/debt-news/Half-term-holiday-price-hike-0074.aspWed, 28 Oct 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/Debt-haunts-Brits-this-Halloween-0073.aspBritish parents will spend a total of £200 million on Halloween this year, which works out at over £15 per family on average.http://www.kensingtonfinance.co.uk/debt-news/Debt-haunts-Brits-this-Halloween-0073.aspMon, 26 Oct 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/Government-announces-curbs-on-Credit-Card-dodgy-practices-0072.aspProposed regulations of the credit card industry set to end dodgy practices and benefit consumershttp://www.kensingtonfinance.co.uk/debt-news/Government-announces-curbs-on-Credit-Card-dodgy-practices-0072.aspSun, 25 Oct 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/Students-call-in-Money-Doctors-0071.aspStudents are lining up outside surgeries, but not to rid themselves of freshers' flu. They are taking advice from Money Doctors on how to handle their finances while at university and avoid getting into too much debt.http://www.kensingtonfinance.co.uk/debt-news/Students-call-in-Money-Doctors-0071.aspThu, 22 Oct 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/Ban-on-self-certified-mortgages-to-make-system-fairer-0070.aspLenders made responsible for assessing borrower's ability to pay off mortgagehttp://www.kensingtonfinance.co.uk/debt-news/Ban-on-self-certified-mortgages-to-make-system-fairer-0070.aspWed, 21 Oct 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/Financial-fears-for-Fergie-0069.aspThe Duchess of York, Sarah Ferguson is reported to be having money troubles as her health and lifestyle company looks likely to foldhttp://www.kensingtonfinance.co.uk/debt-news/Financial-fears-for-Fergie-0069.aspTue, 20 Oct 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/Unemployed-at-greater-risk-of-high-premiums-0068.aspUnemployed are being penalized for spending more time at homehttp://www.kensingtonfinance.co.uk/debt-news/Unemployed-at-greater-risk-of-high-premiums-0068.aspMon, 19 Oct 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/Office-of-Fair-Trading-plans-study-into-online-pricing-0067.aspDubious online pricing is to come under the scrutiny of the OFT in a new studyhttp://www.kensingtonfinance.co.uk/debt-news/Office-of-Fair-Trading-plans-study-into-online-pricing-0067.aspFri, 16 Oct 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/Pensioners-use-equity-release-to-pay-off-debts-0066.aspOne in three retired people are using equity release to pay off credit card and loan debts, research has shownhttp://www.kensingtonfinance.co.uk/debt-news/Pensioners-use-equity-release-to-pay-off-debts-0066.aspThu, 15 Oct 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/Brits-spend-1.7-billion-pounds-on-pets-0065.aspPet-loving Brits fork out a massive £1.7 billion a year on cat and dog food alone.http://www.kensingtonfinance.co.uk/debt-news/Brits-spend-1.7-billion-pounds-on-pets-0065.aspWed, 14 Oct 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/National-Identity-Fraud-Prevention-Week-Launches:-0064.aspResearch Reveals Shocking Statistics for Businesses and Individualshttp://www.kensingtonfinance.co.uk/debt-news/National-Identity-Fraud-Prevention-Week-Launches:-0064.aspTue, 13 Oct 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/British-Airways-in-disputes-over-pay-cut-plans-0063.aspStruggling airline British Airways is planning to slash the pay of new cabin crew joining the airline by several thousand pounds a year under drastic moves to cut costs. High-flyer's rates of pay could be cut to as little as £14,000 a year, a drop of up to 50% on current wage rates for cabin crew staff.http://www.kensingtonfinance.co.uk/debt-news/British-Airways-in-disputes-over-pay-cut-plans-0063.aspMon, 12 Oct 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/Conservatives-plan-to-freeze-public-sector-pay-0062.aspShadow Chancellor, George Osborne, today announced that all public sector pay would be frozen for a year from 2011 if the Conservatives win the forthcoming general election. The move will affect teachers, doctors, nurses and police officers.http://www.kensingtonfinance.co.uk/debt-news/Conservatives-plan-to-freeze-public-sector-pay-0062.aspSun, 11 Oct 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/New-report-shows-half-of-adults-in-debt-have-a-mental-health-problem-0061.aspNew research published today states that one in two British adults in debt may also have a mental health problem.http://www.kensingtonfinance.co.uk/debt-news/New-report-shows-half-of-adults-in-debt-have-a-mental-health-problem-0061.aspSat, 10 Oct 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/Postal-Strike-may-lead-many-into-debt-0060.aspAs the post office workers ballot confirms strike action is likely, leading finance firms advise consumers to take action to prevent extra charges leading them into a spiral of debt.http://www.kensingtonfinance.co.uk/debt-news/Postal-Strike-may-lead-many-into-debt-0060.aspFri, 09 Oct 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/Worldwide-hotel-rates-drop-0059.aspHotels.com has revealed that worldwide hotel prices have dropped by an average of 17% during the last 12 months.http://www.kensingtonfinance.co.uk/debt-news/Worldwide-hotel-rates-drop-0059.aspThu, 08 Oct 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/Ten-Thousand-Hotmail-Addresses-Hacked-0058.aspUp to 21 million people who use email services could potentially be at risk of fraud after a massive security breach where passwords were acquired illegally. The scam started with Hotmail, but reports today claim that it has now spread to Gmail, Yahoo!Mail, Comcast, AOL and Earthlink.http://www.kensingtonfinance.co.uk/debt-news/Ten-Thousand-Hotmail-Addresses-Hacked-0058.aspWed, 07 Oct 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/Council-Criticised-for-bankruptcy-0057.aspManchester City Council has been criticised by the Local Government Ombudsman for using bankruptcy proceedings against a resident over a £1,071 unpaid council tax bill.http://www.kensingtonfinance.co.uk/debt-news/Council-Criticised-for-bankruptcy-0057.aspWed, 07 Oct 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/October-most-dangerous-month-on-the-roads-0056.aspOctober is officially the most dangerous month on Britain's roads with October 20th being the worst dayhttp://www.kensingtonfinance.co.uk/debt-news/October-most-dangerous-month-on-the-roads-0056.aspMon, 05 Oct 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/House-Prices-Back-to-2008-Levels-0055.aspAccording to recently released figures, house prices are now at the same level as they were a year agohttp://www.kensingtonfinance.co.uk/debt-news/House-Prices-Back-to-2008-Levels-0055.aspFri, 02 Oct 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/Bankruptcy-for-Baywatch-Babe-0054.aspPamela Anderson, the former Baywatch beach bunny, is facing bankruptcy after racking up a string of bills and debts to the tune of $1.2 million.http://www.kensingtonfinance.co.uk/debt-news/Bankruptcy-for-Baywatch-Babe-0054.aspSun, 04 Oct 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/Scam-mail-costs-the-UK-3-billion-pounds-0053.aspScam mail costs the UK a whopping £3 billion a year and is ripping off the nation's most vulnerable people. Organised criminal gangs are trading "sucker lists" with the personal details of thousands of Britons considered susceptible to fraud, according to the director general of the Serious Organised Crime Agency (SOCA).http://www.kensingtonfinance.co.uk/debt-news/Scam-mail-costs-the-UK-3-billion-pounds-0053.aspSat, 03 Oct 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/The-True-cost-of-Muscle-and-Joint-Pain-0052.aspA new study today finds that musculoskeletal disorders (MSDs) account for nearly half (49%) of all absences from work and 60% of permanent work incapacity in the European Union.http://www.kensingtonfinance.co.uk/debt-news/The-True-cost-of-Muscle-and-Joint-Pain-0052.aspThu, 01 Oct 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/Couples-head-to-eBay-for-wedding-bargains-0051.aspUK Couple buy wedding reception for a song on ebayhttp://www.kensingtonfinance.co.uk/debt-news/Couples-head-to-eBay-for-wedding-bargains-0051.aspWed, 30 Sep 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/Blairs-smile-for-sale-0050.aspCash-strapped Brits could take a leaf out of Tony Blair's book and get creative with money-making ideas.http://www.kensingtonfinance.co.uk/debt-news/Blairs-smile-for-sale-0050.aspTue, 29 Sep 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/Britons-desperately-in-debt-try-selling-their-own-kidneys-0049.aspMore and more British people are turning to selling their own organs to try to get out of debthttp://www.kensingtonfinance.co.uk/debt-news/Britons-desperately-in-debt-try-selling-their-own-kidneys-0049.aspMon, 28 Sep 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/Swine-Flu-Vaccine-Approved-0048.aspAs the EU grants licenses for 2 Swine Flu vaccines, mass vaccinations likely to begin in Octoberhttp://www.kensingtonfinance.co.uk/debt-news/Swine-Flu-Vaccine-Approved-0048.aspFri, 25 Sep 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/Bankruptcy-tourists-choose-Britain-0047.aspHundreds of debt-riddled Germans are arriving in Britain to take advantage of lenient bankruptcy laws which scrap their debts in a year.http://www.kensingtonfinance.co.uk/debt-news/Bankruptcy-tourists-choose-Britain-0047.aspThu, 24 Sep 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/Tube-prices-on-the-up-0046.aspTube passengers are set to be stung with price hikes on tickets due to a dramatic drop in the number of users of our capital's Underground.http://www.kensingtonfinance.co.uk/debt-news/Tube-prices-on-the-up-0046.aspWed, 23 Sep 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/Banks-named-and-shamed-0045.aspBritain's high street banks clearly have a lot of unhappy customers. They have come under fire from the Financial Ombudsman Service (FOS) in a damning report announcing the latest stats on customer complaints.http://www.kensingtonfinance.co.uk/debt-news/Banks-named-and-shamed-0045.aspTue, 22 Sep 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/Brit-borrowing-almost-doubles-0044.aspBrits insatiable appetite for debt sends borrowing soaringhttp://www.kensingtonfinance.co.uk/debt-news/Brit-borrowing-almost-doubles-0044.aspFri, 18 Sep 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/Postal-strike-to-cause-financial-chaos-0043.aspThousands of Brits across the country and are set to face financial misery because of the continuing postal strikeshttp://www.kensingtonfinance.co.uk/debt-news/Postal-strike-to-cause-financial-chaos-0043.aspThu, 17 Sep 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/Debt-Agencies-Swamped-0042.aspDestitute Brits are swamping debt advice agencieshttp://www.kensingtonfinance.co.uk/debt-news/Debt-Agencies-Swamped-0042.aspTue, 15 Sep 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/Rio-Holidays-in-Wales-0041.aspHis name is Rio and he dances on the sands - in Prestatyn.http://www.kensingtonfinance.co.uk/debt-news/Rio-Holidays-in-Wales-0041.aspTue, 15 Sep 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/Personal-debt-falls-for-first-time-in-16-years-0040.aspPersonal debt falls for first time on record, but Brits still under strain of debthttp://www.kensingtonfinance.co.uk/debt-news/Personal-debt-falls-for-first-time-in-16-years-0040.aspMon, 14 Sep 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/Car-scrappage-scheme-working-0039.aspAugust sees car sales soar by 6 per cent, thanks to Government scrappage incentivehttp://www.kensingtonfinance.co.uk/debt-news/Car-scrappage-scheme-working-0039.aspFri, 11 Sep 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/Personal-debt-falls-for-first-time-in-16-years-0038.aspPersonal debt falls for first time on record, but Brits still under strain of debt.http://www.kensingtonfinance.co.uk/debt-news/Personal-debt-falls-for-first-time-in-16-years-0038.aspFri, 11 Sep 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/Britain-poised-for-lottery-prediction-0037.aspThe nation will be tuned into Channel 4 tonight to see how TV illusionist Derren Brown appeared to do the impossible and 'predict' this week's lottery numbers live.http://www.kensingtonfinance.co.uk/debt-news/Britain-poised-for-lottery-prediction-0037.aspFri, 11 Sep 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/UK-Recession-coming-to-an-end-0036.aspThe green shoots of recovery are starting to appearhttp://www.kensingtonfinance.co.uk/debt-news/UK-Recession-coming-to-an-end-0036.aspThu, 10 Sep 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/That-Impulse-Buy-could-reveal-a-lot-about-you-0035.aspBeing careless with cash is linked to other impulsive behaviour such as over-eating, smoking and infidelity.http://www.kensingtonfinance.co.uk/debt-news/That-Impulse-Buy-could-reveal-a-lot-about-you-0035.aspTue, 08 Sep 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/Pensioners-miss-out-on-benefits-0034.aspBritain's poverty-stricken pensioners are missing out on state funds available to them as one in four do not know what benefits they are entitled to once they reach retirement age.http://www.kensingtonfinance.co.uk/debt-news/Pensioners-miss-out-on-benefits-0034.aspFri, 04 Sep 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/Cost-of-going-back-to-school-soars-0033.aspThe cost of going back to school has never been higher for parents, as British kids are returning to the classroom carrying around £400 worth of gadgets in their bags.http://www.kensingtonfinance.co.uk/debt-news/Cost-of-going-back-to-school-soars-0033.aspWed, 02 Sep 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/Struggling-Rail-Commuters-given-false-hope-0032.aspBritish rail commuters still set to struggle despite 0.4% drop in train fares next year.http://www.kensingtonfinance.co.uk/debt-news/Struggling-Rail-Commuters-given-false-hope-0032.aspTue, 01 Sep 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/Don't-DIY-yourself-into-debt-0031.aspDIY may not be the money-saver that you think it is: hard-up handymen may find themselves with a hefty bill to fix their botched jobs.http://www.kensingtonfinance.co.uk/debt-news/Don't-DIY-yourself-into-debt-0031.aspMon, 24 Aug 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/2-million-hide-debts-from-partners-0030.aspAlmost 2 million Brits hide debts and extravagant purchases from their partners: the recession is fuelling a growing fear and embarrassment about money matters.http://www.kensingtonfinance.co.uk/debt-news/2-million-hide-debts-from-partners-0030.aspTue, 18 Aug 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/Britain's-shoppers-need-more-protection-0029.aspMore protection is needed for shoppers who pay for goods in advance then lose out when the business goes bust.http://www.kensingtonfinance.co.uk/debt-news/Britain's-shoppers-need-more-protection-0029.aspFri, 14 Aug 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/Self-employed-hardest-hit-by-recession-0028.aspBritain's self-employed workers have been hardest hit by unemployment during the recession.http://www.kensingtonfinance.co.uk/debt-news/Self-employed-hardest-hit-by-recession-0028.aspFri, 14 Aug 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/Young-people-shrug-off-recession-depression-0027.aspYoung Brits are more optimistic in the face of the recession than the grumpy, grey-haired older generation, adopting a responsible outlook towards money to avoid falling into financial woes.http://www.kensingtonfinance.co.uk/debt-news/Young-people-shrug-off-recession-depression-0027.aspWed, 12 Aug 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/Debt-On-Your-Door-step-0026.asp Doorstep lenders are under fire for imposing extortionate interest rates on impoverished British families, often up to a whopping 545 per cent APR (Annual Percentage Rate).http://www.kensingtonfinance.co.uk/debt-news/Debt-On-Your-Door-step-0026.aspFri, 07 Aug 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/Fraud-rates-rise-0025.aspA report into UK fraud trends reveals a frightening 43 per cent jump in the number of victims of impersonation during the first half of this year.http://www.kensingtonfinance.co.uk/debt-news/Fraud-rates-rise-0025.aspFri, 07 Aug 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/Women-more-thrifty-than-men-during-recession-0024.aspRecession-savvy women are more likely than men to cut back on spending to survive the credit crunch.http://www.kensingtonfinance.co.uk/debt-news/Women-more-thrifty-than-men-during-recession-0024.aspSat, 18 Jul 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/Holidays-Scorch-Brits-Financially-0022.aspRising overseas bank card and transaction fees look set to leave people in the red this holiday season. A recent study has found that British consumers are charged a total of around £244 million per year on holiday cash withdrawals, which means the average family can waste up to £300 of their precious spending money on charges alone!http://www.kensingtonfinance.co.uk/debt-news/Holidays-Scorch-Brits-Financially-0022.aspWed, 01 Jul 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/Brits-Are-25-per-cent-Better-Off-Despite-The-Recession-0021.aspRecent figures reveal that UK homeowners are 25 per cent better off than they were in 2008 due to record low interest rates brought in as a result of the recession, slashing mortgage costs for thousands of households.http://www.kensingtonfinance.co.uk/debt-news/Brits-Are-25-per-cent-Better-Off-Despite-The-Recession-0021.aspWed, 08 Jul 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/Petrol-prices-to-peak-over-summer-0020.aspBritish drivers are being warned that petrol prices will rocket this summer, reaching as much as £1.15 per litrehttp://www.kensingtonfinance.co.uk/debt-news/Petrol-prices-to-peak-over-summer-0020.aspThu, 21 May 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/Brits-overwrought-and-overdrawn-0019.aspOverdraft dependence 'is a sign of serious debt problems' according to the Consumer Credit Counselling Service (CCCS). It has announced that large numbers of penniless Brits are regularly dipping into their overdraft for everyday expenditures, rather than keeping it for emergencies only. http://www.kensingtonfinance.co.uk/debt-news/Brits-overwrought-and-overdrawn-0019.aspSat, 18 Apr 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/UK-consumer-confidence-hits-half-year-high-0018.aspTurns out it's not all doom and gloom - consumer confidence crept up during May as Brits feel more optimistic about the future state of the nation's economy.http://www.kensingtonfinance.co.uk/debt-news/UK-consumer-confidence-hits-half-year-high-0018.aspMon, 01 Jun 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/Bankrupt-Britain--0017.aspInsolvency figures for the first three months of this year reveal that we are well on the way to becoming 'Bankrupt Britain'. http://www.kensingtonfinance.co.uk/debt-news/Bankrupt-Britain--0017.aspSun, 12 Apr 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/UK-gears-up-for-car-scrappage-scheme-0016.aspThis week sees the launch of the controversial "cash for bangers" car scrappage scheme, whereby owners of cars and vans 10 years-old or more will get a £2,000 hand-out if they trade in their old motor and buy a brand new one.http://www.kensingtonfinance.co.uk/debt-news/UK-gears-up-for-car-scrappage-scheme-0016.aspMon, 01 Jun 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/Brits-cooking-with-Gas---for-10-per-cent-less!-0015.aspThe recent announcement that British Gas has cut an average 10 per cent off its standard electricity prices will come as a welcome relief to recession-battered Brits who are still struggling to make ends meet. The move from the biggest supplier of electricity to homes in Britain will help 4.5 million of its customers during the on-going economic crisis.http://www.kensingtonfinance.co.uk/debt-news/Brits-cooking-with-Gas---for-10-per-cent-less!-0015.aspSat, 18 Jul 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/Insured-against-swine-flu?-0014.aspWith the increase in cases of swine flu and holidaymakers in fear over travelling to Mexico and other high-risk destinations, many might assume that their travel insurance policies will cover them for trip cancellations. However, it has become apparent that policy terms and conditions vary from one provider to the next. http://www.kensingtonfinance.co.uk/debt-news/Insured-against-swine-flu?-0014.aspMon, 08 Jun 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/Minimum-wage-to-rise-0013.aspThe government has announced that Britain's minimum wage will rise by 7p, or 1.2 per cent, to £5.80 an hour.http://www.kensingtonfinance.co.uk/debt-news/Minimum-wage-to-rise-0013.aspSun, 12 Jul 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/Government-calls-for-clamp-down-on-aggressive-collections-of-debts-0012.aspComplaints about debt collection agencies have rocketed since the recession began, according to the Office of Fair Trading (OFT). They are accused of using over-aggressive tactics to chase debts, threatening court action unfairly and even targeting the wrong people in many cases.http://www.kensingtonfinance.co.uk/debt-news/Government-calls-for-clamp-down-on-aggressive-collections-of-debts-0012.aspWed, 01 Jul 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/The-Recession-Hangs-Tough-but-So-Can-You!-0010.aspCity analysts are all in agreement that the UK economy may very well have come through the toughest part of the recession, but they also believe the home-strait to financial stability will be a slow process, with no real signs of recovery expected until next year (2010), at the earliest.http://www.kensingtonfinance.co.uk/debt-news/The-Recession-Hangs-Tough-but-So-Can-You!-0010.aspMon, 22 Jun 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/Debt-News---Mums-Feel-a-Billion-Dollars-this-Mother's-Day-0009.aspFigures reveal Britons borrow an estimated £1.4 billion per year in loans to finance plastic surgery, and this is set to increase in 2009 as nearly one million consumers will take out loans for a nip and tuck, with the majority of these being British Mums.http://www.kensingtonfinance.co.uk/debt-news/Debt-News---Mums-Feel-a-Billion-Dollars-this-Mother's-Day-0009.aspThu, 18 Jun 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/Repossession-Reprieve---Too-Little-Too-Late-0008.aspGordon Brown's recent announcement, that mortgage repayments can be deferred for up to two years, was cold comfort for the thousands of people who have already had their homes repossessed.http://www.kensingtonfinance.co.uk/debt-news/Repossession-Reprieve---Too-Little-Too-Late-0008.aspTue, 16 Jun 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/Money-Management--is-'Methaphorical-Medication'-for-Mental-Health-0007.asp Sufferers of stress, anxiety and depression are reporting a marked improvement to their mental health when they seek advice about managing their debtshttp://www.kensingtonfinance.co.uk/debt-news/Money-Management--is-'Methaphorical-Medication'-for-Mental-Health-0007.aspSun, 14 Jun 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/Brits-Unite-Against-Debt-With-Credit-Card-Amnesty-0005.aspAs the total UK personal debt reaches an eye watering £1.4trillion, Kensington Financial Management Consultants are urging the public to take stock of their finances and ditch the debt for good with a nationwide Credit Card Amnesty.http://www.kensingtonfinance.co.uk/debt-news/Brits-Unite-Against-Debt-With-Credit-Card-Amnesty-0005.aspMon, 01 Jun 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/Debt-Consolidation-Demand-Set-to-Sky-Rocket-0004.aspIt's not looking good: rumours of up to 40,000 job cuts in the City, predictions of repossession rises, hikes in household bills, and rising consumer debt.http://www.kensingtonfinance.co.uk/debt-news/Debt-Consolidation-Demand-Set-to-Sky-Rocket-0004.aspFri, 22 May 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/Debt-News---Cash-for-bangers-Car-Scrappage-Scheme-warning-0003.aspThis week (w/c 18th May) sees the launch of the controversial "cash for bangers" car scrappage scheme, where owners of cars and vans 10 years old or more will get a £2,000 hand out if they trade in their old motor and buy a brand new one.http://www.kensingtonfinance.co.uk/debt-news/Debt-News---Cash-for-bangers-Car-Scrappage-Scheme-warning-0003.aspMon, 18 May 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/Debt-News---Brits-Bury-Heads-In-The-Sand-Despite-Worrying-Budget-Announcements-0002.aspChancellor of the Exchequer, Alistair Darling, has acknowledged that Britain is facing the deepest recession since the Second World War as he slashed his economic forecasts in his budget speech this week. http://www.kensingtonfinance.co.uk/debt-news/Debt-News---Brits-Bury-Heads-In-The-Sand-Despite-Worrying-Budget-Announcements-0002.aspSun, 01 Mar 2009 00:00:00 GMThttp://www.kensingtonfinance.co.uk/debt-news/Debt-Advice---Playground-tactics-0001.aspAn entrepreneur from Manchester is heading back to school - only this time he is there to educate rather than to learn.http://www.kensingtonfinance.co.uk/debt-news/Debt-Advice---Playground-tactics-0001.aspSat, 07 Feb 2009 00:00:00 GMT