- The King is dead and why we all love Gordon Gekko.
- Why is it I feel like the death of Michael Jackson is similar to the painful mourning of financial services as we know it?
- Tue 30th Jun 2009
- Trumpo tickled pink following conversation with piggybrankrupt.
- I had the pleasure of speaking to a website publisher today who is doing a great job for those in financial difficulty.
- Wed 20th May 2009
- Most MPs look after their own interests first.
- In what can only be described as Justice, the dodgy MPs are being found out playing the Mortgage Interest “win win” lottery.
- Fri 15th May 2009
Wage divide 'contributing to debt'
Wed 16 Jan 2008 5pm
The growing divide between high and low paid workers in the UK is leading more people into financial difficulty, it has been suggested.According to Credit Action, wages for City workers have "exploded" in recent years and created a "super rich" section of society, while people in other jobs have seen the cost of living rise at a quicker rate than their earnings.
Consequently, many Britons are finding it difficult to cope with higher utility prices and other costs brought on by inflation, making a growing number of people susceptible to debt problems, director Chris Tapp said.
He explained: "Wages haven't kept up with the cost of living and so for a lot of people that means that their weekly budgets and the amount of money they've got spare is being tightened up."
Mr Tapp also urged people with debt worries to seek professional advice before making any major decisions about their financial situation.
Recent figures state that the average UK household has £4,280 worth of debt.
