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Energy firms `not refunding overpayments automatically` Average household £7 a week richer but debt levels remain high Consumers `cutting back on credit card debt` Mortgage debt often greater than house value Household energy bills `could top £4,700 a year by 2020` Many over 50s `facing financial difficulties` CML lowers repossession prediction Higher electricity prices will pay for carbon capture Unemployment set to rise Inflation speculation `greatly exaggerated` Unemployment reaches 12-year high UK recovery `to start in 2010` People `may be risking finances due to lack of pension savings` Economy `may be bottoming out` Fuel poverty still putting billpayers at risk of debt More than 20% using savings to `pay down` debt Housing market - buyer interest is up ISA rate cuts could raise debt risk Online retail sales to grow Consumers take up gardening to avoid debt

Millions of children in poverty

30/09/2008

98% of children in some areas are in families classed as ‘struggling’, according to the Campaign to End Child Poverty – a total of 5.5 million across the UK.

“There are currently 3,900,000 children in the UK that are classed as actually living in poverty,” said Campaign director Hilary Fisher, according to the BBC.

A coalition of well over 120 organisations including Barnado’s, Save the Children and the NSPCC, the Campaign classes households as being in poverty if they live on less than £10 per person per day.

“As the Campaign points out,” said a spokesperson for debt consolidation experts Debt Advisers Direct, “poverty has a profound effect on every aspect of a child’s life.

“At Debt Advisers Direct, we wholeheartedly support the Government’s promise to halve child poverty by 2010 – and end it by 2020.”

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Debt Advisers Direct offer a range of debt advice and debt solutions, including debt management plans, debt consolidation and IVAs (Individual Voluntary Arrangements)

Energy firms `not refunding overpayments automatically` 01/07/2009 - A new report by consumer group Which? has claimed that Average household £7 a week richer but debt levels remain high 01/07/2009 - During May, a typical household had £164 a week left Consumers `cutting back on credit card debt` 01/07/2009 - Many UK consumers are cutting back on the amount of Mortgage debt often greater than house value 01/07/2009 - According to the latest findings from global rating agency Fitch,