News & Blogs

This morning, a trifecta of financial news hit the headlines: the prospect of soaring water bills, a spike in Royal Mail's first-class stamp prices, and a hopeful rise in the national living wage.

The Bank of England has paused the recent interest rates hike at 5.25%. This is a welcome relief for millions of homeowners.

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.

The cost of living is soaring, and students are feeling the pinch. Many are cutting back on food to make ends meet.

This coming winter will not feel any better than last as energy bills remain high despite the fall in energy price cap.

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.

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.

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 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.