New figures published today by Registry Trust have shown that court judgment activity rose sharply in 2025, reaching its highest level since before the pandemic. A total of 1,196,174 new County Court Judgments (CCJs) were registered across the UK and Ireland in 2025 – a 10.1% increase year-on-year and the highest annual total since 2019, 1,163,903…
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New Compare the Market research has highlighted that the typical costs people may face when separating and setting up a home on their own, with total expenses ranging from £9,175 to £24,641, depending on housing and marital status. With 28.6 million households in the UK, married couples remain the most common family type, accounting for…
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Financial anxiety is significantly impacting the daily lives and well-being of millions of people across the UK, according to new research from financial education charity Money Ready. The study reveals that 39% of adults feel anxious when they think about money – and this anxiety extends into having a real effect on people’s wellbeing, behaviour…
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Energy regulator Ofgem has announced a 7% (or £117) reduction of the energy price cap for the period covering 1st April to 30th June 2026. This change amounts to a reduction of around £10 a month for the average household using both electricity and gas. The price cap refers to the default tariff applied when a…
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New figures published by StepChange Debt Charity Scotland have revealed that the average debt among people seeking help from the charity has reached on average £20,116 per client, a 10% rise year-on-year, and the highest level recorded in over a decade. Two in three clients were in arrears on their household bills, owing an average…
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Four in five (80%) of adults believe younger generations are worse off now than two decades ago, according to research from Hymans Robertson Personal Wealth. More than half (59%) blame the rising cost of living as a key pressure, while almost half (43%) highlight increasing housing costs. Surprisingly, almost three-quarters (74%) of over-55s say young…
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The average UK household is now spending nearly £119 per week on food shopping, according to new research by Confused.com, amounting to more than £6,000 per year. The research shows that the average food bill is £1,144 per year, or £22 per week, more expensive than in 2024, a 23% increase. This is significantly higher than…
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Latest monthly figures from the Insolvency Service for England & Wales have indicated that personal insolvencies increased by 12% in January 2026 compared to January 2025, rising to 10,843 from 9,644. Personal insolvencies were 20% lower in December 2025 compared to January 2026, when numbers were affected by a temporary backlog. The personal insolvency data consisted…
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Latest UK Finance research has found that around 5,160 mortgaged properties were repossessed in 2025, a 39% increase from 2024. The fourth quarter saw 1,210 homes repossessed, up 17% year-on-year but down 13% from the previous quarter. Despite this rise, only 0.92% of all mortgages were in arrears. The report highlighted that most repossessions involved…
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The UK housing market has continued to outperform the wider economy, underpinned by a mortgage market that has absorbed higher interest rates more effectively than many expected, according to analysis from the Intermediary Mortgage Lenders Association (IMLA). IMLA’s latest report projects that mortgage arrears will continue falling through 2026 and 2027, even as the final…
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New research has revealed that 88% of the UK is struggling to cope with high living costs, equal to an estimated 48 million people nationwide. The survey found that over two in five (45%) indicated that the country’s high living costs are impacting them even more than last year, showing that things have been getting…
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New research by Pepper Advantage has found that mortgage arrears fell 1.1% in Quarter 4 (Q4) 2025 , marking the third consecutive quarterly decline and the lowest arrears rate since Q4 2023. Residential and Buy-to-Let Performance: The residential arrears rate declined by 0.9% in Q4, continuing a gradual improvement. Buy-to-let arrears fell by 10.4%, reflecting…
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Desperate families are finding themselves forced to borrow from illegal loan sharks as a consequence of getting into severe debt due to the high costs of paying for the funerals of loved ones, according to research by Funeralexperts.com. The data revealed that around 32,400 people (3%) of the 1.08 million people who were forced to…
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