Debt Newshttp://www.the-debt-clinic.co.uk/DebtNews/http://www.the-debt-clinic.co.uk/images/logo.gifhttp://www.the-debt-clinic.co.uk/DebtNews/The Office for National Statistics has revealed that rising food and fuel costs caused inflation to leap again.]]>Scottish Widows has published research which reveals that 49 per cent of British workers aren’t putting enough aside for a decent pension.]]>The proposals aim to enable people struggling with debt or low incomes to obtain credit without falling prey to loan sharks.]]>The Office of National Statistics has published the lending and borrowing figures for the end of May 2008.]]>The chief economist at New Star has said that lower growth prospects make interest rate hikes impossible.]]>The Bank’s second quarterly bulletin of 2008 has predicted inflation exceeding 4 per cent before the end of the year.]]>A former office manager has received a suspended jail sentence after he was convicted of stealing to service personal debts of over £70,000.]]>The Money Advice Trust warned that the number of people facing serious arrears on mortgages and home loans is on the increase.]]>Government figures have revealed a 100 per cent rise in the number of court orders sought since 2005.]]>A study has revealed that low-income households are increasingly taking out loans and spending on credit cards to maintain a “middle class” lifestyle.]]>Britain’s second largest bank is offering investors discounted shares in order to shore up its finances.]]>A £50 billion scheme aims to increase confidence in the credit markets to make it more attractive for banks to lend money, which should be good news for people in debt.]]>The major lender has pulled all of its 100 per cent deals, completing a trend that began with First Direct last month.]]>Total personal and household debt continues to rise sharply, along with the interest payments.]]>The new code aims to make banks more responsible for steering account-holders away from the rocks, although customers are still advised to keep a keen eye on their finances.]]>The governor of the Bank of England, Mervyn King, has told MPs of plans to pump more cash into the money markets, along with another possible cut in interest rates next month.]]>Will another cut in interest rates help this week? For those with poor credit who dream of some help with debt management, the interest rate cut in December must have seemed like a godsend but lenders were slow to pass on the cut, while some opted not to decrease their rates fully. It has been reported that only about two thirds of lenders passed on the interest rate in full to their customers.]]>The property market may be seen as a less reliable source of equity in 2008 as the rise in house prices slows, mortgage repayments remain high, and the effects of the recent cut in interest rates are yet to be seen fully.]]>