It is official - Trumpo has been mauled by the Bear.
The FTSE 100 has dropped again today to offically trigger a bear market.
Fri 11th Jul 2008
Interest rates set to rise.
Trumpo weeps along with builders, bakers and candle stick makers.
Fri 20th Jun 2008
House Builders weep
Trumpo has just been sent a frightening set of statistics from a super-successful builder.
Fri 13th Jun 2008

CCCS predicts tougher future for borrowers

Fri 9 Nov 2007 5pm

The Consumer Credit Counselling Service has predicted that borrowers will face difficulties in the future as the effects of the credit crunch begin to bite.

While the charity - which provides free and independent advice to consumers on financial matters - claimed that it is too early to forecast specific problems, it added that there is likely to be an effect on the mortgage market.

"There is a risk that people on cheap fixed-rate mortgages will in the future be forced on to more expensive products, so they will have to address their spending as a consequence of that," said James Ketchell, a CCCS spokesman.

Mr Ketchell's predictions came in response to figures relating to insolvency published by the government.

According to the statistics, there were 107,288 insolvencies in the UK last year. Compared to 2005's figures, this represents a rise of 59 per cent.