Latest press releases in Economy
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 Debt Repayment Stays In The Family
The tradition of children borrowing from parents to cover costs such as mortgage deposits and paying off loan debts is starting to see a role reversal, with many parents now turning to their grown-up kids for loans in order to ensure financial security.  Mortgage Loan Approvals Fall By Half
With widespread concerns over the stability of the housing market escalating in recent months, new statistics have shown that approval rates for mortgage loans fell by 50 per cent during March 2008.  Summer Hols Sacrosanct for Struggling Families
Despite widespread concerns about the stability of the housing markets and widespread belt-tightening in the face of a gloomy financial environment, cash-strapped families are still reluctant to give up their summer holidays in order to save money.  Report Shows Millions Of Brits Plunged Into Fuel Debt
A newly-published study has shown that as many as 6.8 million Britons are indebted to their energy suppliers, with the recent price hikes enacted by all major providers likely to further exacerbate the financial strain of running a home.  Homeserve Reveals Financial Strain Lack Of Insurance Can Bring
With living costs rising at record rates, consumers should make sure that a lack of adequate insurance does not mean that the expense of repairing a broken-down boiler or fixing a fridge puts additional strain on their finances, it has been suggested.
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