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Household Debt Rising
Household debt has risen by more than 30 per cent to an average of £13,153 over the last three years according to figures from the Citizens Advice Bureau (CAB). Read more
Tories Use Provocative Language To Tackle Debt
The Conservative party has launched an anti-debt campaign that urges young people to “ignore their inner tosser” and cut out unnecessary spending to reduce the likelihood of serious debt problems. Read more
Staying In The Driving Seat
The financial crisis at car giant Ford, which is making tens of thousands of US workers redundant, has fuelled uncertainty in the North West/West Midlands/UK automotive sector. Read more
Biggest Day Of Your Life - And The Biggest Debt
If your loved one got down on bended knee to pop the question on Valentine’s Day, your thoughts might now be turning to the big day. Read more
Bosses Urged To Help Staff
Companies should offer support schemes to employees with personal debt problems as part of flexible benefits packages. Read more
TORIES USE PROVOCATIVE LANGUAGE TO TACKLE DEBT
The Conservative party has launched an anti-debt campaign that urges young people to “ignore their inner tosser” and cut out unnecessary spending to reduce the likelihood of serious debt problems.
The campaign, which features a website including sections called the "tosser test", "tosser map" and "look what my tosser did", intentionally "uses provocative language in order to get the message of personal debt across".
"Sometimes it is necessary to use provocative language to grab people's attention and get them thinking about important issues. If our direct approach helps to get the message of personal debt across and offers people some tips on how to manage their situation the initiative will be have been worthwhile," says a spokesman.
- A commuter who confesses to taking a taxi home every day despite owning a travel pass.
- A shopper whose heart raced when they bought a designer handbag.
- A party goer who bought two bottles of Cristal champagne for £200 on their credit just to show off.
"Debt is a serious issue that affects millions of people throughout the UK. People need to take greater responsibility for their finances and always think before they spend. Meanwhile, we'd call on lenders to be more responsible in how much and to who they lend money."
