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The effects of the credit crunch and recent recession have had a huge impact on many individuals living in the UK.
Job losses and loss of earnings have caused many borrowers to struggle to keep up with the repayments on their personal loans and home owner loans, which has led to the inevitable situation where lenders [...]

The effects of the credit crunch, recession and general economic slowdown in the UK over the course of the past couple of years have had a crippling effect on the economy and certain sectors of business in particular. Many retail sectors have seen a dramatic decrease in the amount of sales they have made, as [...]

There have been growing concerns over the past couple of years about the rising level of loan arrears being built up by individuals on their home owner loans and mortgages, largely caused by the effects of the recession and increasing unemployment.
The financial regulator, the Financial Services Authority (FSA) and a number of consumer help groups [...]

Since the onset of the credit crunch and banking crisis and throughout the recent recession, one of the biggest criticisms of the major banks in the UK, particularly those which have been partially privatised through receiving Government loans, has been their lack of support for small and medium sized businesses who may have been struggling [...]

Following the demise of several loan companies over the course of the past few years, largely due to the effects of the credit crunch and lack of wholesale funding for the loan industry as a whole, it is good to see some positive signs of recovery and one or two lenders starting to return to [...]

Over the course of recent years, there have been many thousands of homeowners who have fallen into an arrears situation on their home owner loan or mortgage and as a result of this have been charged a monthly penalty fee by their lender.
Last year, the Financial Services Authority (FSA) imposed a fine of £2.8 million [...]

We reported yesterday (Wednesday 20th January) on how the rate of inflation in the UK had suddenly risen during the month of December to reach a level of 2.9 per cent, which is well above the Government’s target figure of just 2 per cent.
This in turn has led to concerns and speculation that the base [...]