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Consumers took on more mortgage debt in July Debts called in by parents Teenagers `scared of debt` Rising household costs could pressure people in debt Pensions debt may impact workers` retirement funds Welsh young adults `at highest risk of debt problems` Over 50s can`t afford to enjoy retirement because of debts Budget: tackling the nation`s debt Short-term debt: `no need for price control` The cost of clearing debt Education debt Tackling the national debt Number of mortgage deals on offer exceeds 3,000 Almost 5 million take on debt to pay household bills OECD: household debt more than 120% of disposable income Petrol price falls help people in debt Amount of mortgage debt taken on at lowest level in ten years Northern Ireland sees significant IVA rise Overdraft debt `becoming more expensive` School focuses on "curing Ireland`s debt disease"

Long-term energy price rise predicted

23/02/2009

Gas prices could be pushed up in the long term by uncertainties about supply, according to one analyst.

According to the BBC, Ian Parrett of energy consultancy Inenco said that once the economy starts to recover, prices may rise again.

However, the BBC does add that other experts have suggested another round of price cuts could be on its way this autumn, as wholesale prices fall.

The news follows recent announcements from several energy providers regarding imminent price cuts, which should relieve the pressure on billpayers who have experienced sharp price rises over the past year.

A spokesperson for Debt Advisers Direct said: "It`s become very difficult to predict what will happen with energy prices, and this in itself is a reason for billpayers to exercise caution. People need to be prepared for any sudden price rises, to avoid the risk of debt problems in the future."

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

Consumers took on more mortgage debt in July 26/08/2010 - Consumers took on £2bn more mortgage debt than they repaid Debts called in by parents 26/08/2010 - According to research, `the bank of Mum and Dad` is Teenagers `scared of debt` 19/08/2010 - Nearly two thirds of teenagers are `scared` of debt, according Rising household costs could pressure people in debt 10/08/2010 - The UK may be about to see a rise in