Three in four people struggling with debt repayments

9th October 2025 Arrears and Recoveries | #debt repayments

New research from Compare the Market has revealed that almost three-quarters of people with multiple forms of debt (72%) say they find it difficult to stay on top of their repayments. On average, people in the UK with multiple debts owe £7,296 in total and have been paying them off simultaneously for nearly three and…

Read more

Millions to receive higher water bills after CMA appeal

9th October 2025 Consumer Collections | #water bills

Millions of households will have to pay higher water bills than previously announced, after five water companies appealed to the Competition and Markets Authority (CMA) regarding Ofwat’s price determinations. Five companies – Anglian Water, Northumbrian Water, South East Water, Southern Water, and Wessex Water – argued that Ofwat’s decision left them unable to meet the…

Read more

Typical worker needs to save a lifetime’s worth of their earnings to become wealthy

9th October 2025 Consumer Lending | #wealthy

It would now take 52 years’ worth of typical earnings – £1.3 million in total – to move from the middle to the top of the wealth distribution, as wealth gaps continue to grow across Britain, according to new research from the Resolution Foundation. A new report examined the scale and distribution of household wealth…

Read more