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The Prime Minister called for the world economic powers to create a governing body to monitor the global economic situation and warn of tell tale signs that could lead to any kind of repetition of the current economic disaster we are currently facing

Many of the UK’s leading High Street banks have been shored up by the promise of a Government bailout to the tune of £37,000,000 If they have to use public money, the banks will in effect become partially nationalised.

The latest news in the credit meltdown is a larger than expected interest rate cut by the Bank of England. How will it affect the UK economy and the pound in your pocket?

YouGov is an independent research company commissioned to carry out the survey in association with R3, the UK trade body for Insolvency professionals. It has confirmed many people's fears that unsecured debt is an increasing problem in the UK

If you're struggling because of unsecured personal debt, we hope you will find the following tips useful. In order to help yourself, you first have to be honest with yourself! It's not always pleasant to analyse your finances, but it needs to be done

"We have found that more and more people are seeking debt help solutions. The increased pressure from the effects of the credit crunch are hitting home and affecting more UK families than ever," said a spokesman from Sterling Trust debt charity.

UK debt help charity, Sterling Trust are asking businesses and organisations to join with them in trying to stamp out the misery of unsecured personal debt. The site is totally free to use and empowers people to mange their unsecured borrowings.

Increased food, fuel and mortgage costs add to the financial strain on UK families. Alliance Trust Research Centre’s Financial Reality Index has revealed the financial health of households in the UK is at its lowest level for 11 years

The new charity debt help website launched by Sterlint Trust is proving a hit with users, creditors and collectors alike. The site can help people manage all their unsecured debts totally free of charge and therefore has gained much approval.

Britons have taken on record levels of unsecured debt, causing concern that people could be heading for a nasty fall. What steps can you take to avoid getting into debt? If you are already in the red and worried, how can you repair the damage?

If Gordon Brown was such a great Chancellor and we had such an enviable and healthy economy, why are we facing such financial ruin? Have we been conned into believing we were better off than we were?

During the last six months, household consumption continued to grow slightly, despite the rise in food and fuel costs, debt levels rose and house prices fell. In the same period wages have stagnated and reduced in real terms.

The Financial Services Authority (FSA) are working closely with lenders and charity debt organisations alike to try and agree how best to help beleagured Britons. According to a recent report from a leading debt advice website.

See our list of self-help guidelines for dealing with debt. Most of it is common sense, but that can often "Go out of the window" when people are under extreme pressure from creditor companies. Following the guidelines really can reduce stress levels

According to a BBC report today, Britons borrow on average twice as much as their European cousins. What is this deadly love affair all about? Read on for an insight into the disaster rollercoaster ride we all seem to be embarking upon

A report from the BBC today has outlined the findings of a report by the Griffiths Commission on Personal Debt. They want an end to aggressive marketing techniques for credit products, saying debt is too easy to come by.

Pay Day loans where you borrow against a post-date wage cheque seem to be gaining in popularity due to the credit crunch. However, the true cost of this type of borrowing could be up to the equivalent of 2000% APR according to a BBC report today

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