Last week’s budget brought some measures to help the many people struggling with rising costs. In particular, the Chancellor announced that the energy price guarantee will remain in place until June. That was a welcome win for campaigners – including Money Saving Expert Martin Lewis – and will offer a relief for families feeling anxious
Debt interest in June soared to £19.4bn, the highest since records began in 1997, figures out today show. Borrowing in June was £4.1bn more than June 2021 while public sector net… The post UK debt interest costs soar to record levels appeared first on London Business News | Londonlovesbusiness.com.
The latest Consumer Borrowing Index study by NerdWallet has revealed that a worrying 31% of Brits feel anxious when spending on credit, and almost one in 10 acknowledged feelings of depression… The post Money worries: Over a third of consumers feel anxious or depressed spending on credit appeared first on London Business News | Londonlovesbusiness.com.
Cineworld’s hunger for growth has come back to haunt it. Pre-pandemic the company had expanded through acquisitions including taking on considerable debt to plant a flag in the US via… The post Cineworld told to cough up C$1.2 billion appeared first on London Business News | Londonlovesbusiness.com.
