News
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UK interest rates left unchanged: good news, but pain for borrowers isn't over
The Bank of England has paused the recent interest rates hike at 5.25%. This is a welcome relief for millions of homeowners.
Marking World Suicide Prevention Day: Our Commitment to Supporting Vulnerable Clients
10 September is World Suicide Prevention Day, a day dedicated to raising awareness of suicide and promoting suicide prevention efforts. Read on how we support a vulnerable client at Debt Free Advice.
Debt advice help for students facing difficulties amid the rise cost of living
The cost of living is soaring, and students are feeling the pinch. Many are cutting back on food to make ends meet.
Falling energy price cap doesn't mean warmer winter for many
This coming winter will not feel any better than last as energy bills remain high despite the fall in energy price cap.
Inflation falls, but the cost-of-living crisis is far from over
Inflation is now at a 15-month low, as it slows down at 6.8% from 7.9% last month. But this doesn’t mean there is a light at the end of the tunnel for many working families.
Another interest rates hike as the country is in the peak of economic suffering
The UK’s main interest rate has risen to a new 15-year high of 5.25% today, pushing more people into economic suffering as they will be squeezed by higher housing costs.
Inflation in June has dropped but prices remain high for many families
The rate of price rises has dropped to 7.9% from 8.7% in May. This may sound good, but it means prices are still rising but at a slower pace.
The cost of living crisis deepens as high interest rates and inflation continue to bite
The recent hike in interest rates and consistently high inflation leave many people struggling to cope. The Bank of England has raised interest rates to 5%, increasing mortgage and renting costs. While inflation still stands at 8.7%, putting more squeeze on household budgets.
Good debt advice for all means not leaving anyone behind
The financial challenges faced by LGBTQIA+ people are complex and multifaceted. It is important to remember these challenges as we celebrate Pride this year, and to work to create a more equitable financial system for everyone.