British consumers should expect to face more financial difficulty this year than during 2009, a financial expert has claimed.
Richard Perks, director of retail research at Mintel, said it is “obvious” that living costs are going to rise while income is squeezed.
The tough times are “really still to come,” Perks said.
“That doesn’t necessarily mean we are [...]
Championship side Crystal Palace has gone into administration as a result of financial difficulties.
In November, cash flow problems were highlighted after players were paid late on several occasions.
The news comes just a month after Watford Football Club saw its shares suspended after its parent company, Watford Leisure, was on the verge of administration.
Watford Leisure [...]
It has emerged today that Coventry Airport is to close immediately with the loss of 70 jobs, as a result of financial difficulties.
West Midlands International Airport, which owns Coventry, were due to appear in the High Court tomorrow to face a winding-up order.
A spokeswoman for Coventry Airport issued a short statement: “The board and shareholders [...]
A new government website launched to help people facing repossession was welcomed this week by an industry expert.
Chris Jenkins, co-owner of the Homeowner’s Advice Centre, said the new site is a “positive step”.
The “easily accessible format” of the site helps people find the advice they need with minimum effort, he added.
The website is designed to [...]
Barclaycard’s claim to be lending a helping hand to customers in financial difficulties are little more than a sham to boost the company’s coffers, a financial expert has claimed.
The credit card provider has launched a new advice line targeting customers who are close to their credit limit or who are failing to clear their debts [...]