Consumer confidence in the UK has risen to the highest level in 2 years, as green shoots reveal the start to an economic recovery, despite enquiries for debt help increasing.
Consumer optimism leaped to its highest level since January 2008 in a European Commission consumer confidence index.
The report produced by GfK NOP showed that consumers thought [...]
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Monthly Archives: October 2009
Consumer confidence up despite rise in debt enquiries
Government attempts to stop spiralling credit card debts
In an effort to stop credit card debts spiralling out of control, the government has recommended guidelines including measures such as card holders doubling their monthly payments.
This week, consumer affairs minister Kevin Brennan is due to announce the results from his research into credit and store card practices, and it is anticipated that featured prominently [...]
Moneysupermarket announces DEMSA backing
Impartial financial giant moneysupermarket.com announced today that it is taking active steps to protect consumers in financial difficulty by listing only DEMSA (Debt Managers Standards Association) accredited companies on its site.
The steps mean that only companies that meet DEMSA’s OFT approved code will be allowed to appear on moneysupermarket.com.
The comparison site has given reassurance to [...]