Credit Action News

House prices decline in January; December fall in consumer borrowing is largest on record; Commons overturns Lords' votes on Welfare Reform Bill; British households have low levels of savings and investments compared with other countries

The new Credit Action Newsletter for Winter 2011/12 is now available to download in PDF format.

Money is the biggest cause of arguments for middle aged couples; Women lead growth in household wealth, according to new study; UK rapidly embraces new technological shopping techniques

Chancellor makes Autumn Budget Statement; Largest public sector strike in a generation takes place; CBI forecasts bleak Christmas period for retailers; House price falls accelerated in October

ONS figures for October show Government deficit lower than expected; Downturn in household finances widens gap between highest and lowest income groups; Upfront discounts on store cards to be banned; Asking prices of homes for sale fall by 3.1% in the last month

UK unemployment increases to 2.62m; CPI inflation falls to 5% in October; 140,000 disadvantaged toddlers to benefit from free nursery places; Government outlines potential changes to the tax system; Average house prices in market towns rose by nearly £1,000 per month in last 10 years

Compulsory financial education petition reaches 100,000 signatures; Personal insolvencies fall in third quarter of 2011; Twenty-seven universities seek last minute change to their fees package; House prices up in October but down on 2010; Supermarket petrol prices fall, further fuelling price war

UK's younger generation face "bleak future"of higher debts and fewer assets, according to CCCS; Almost nine in ten households will ration energy use this winter to save on bills; Nearly half of women aged over 40 have no pension of their own; NS&I accounts to stop operating via the Post Office

Junior ISAs to launch next Tuesday; Consumers could still be paying for Christmas 2011 in 2023; Around 60% of adults don't have a will; FSA targets packaged accounts to prevent mis-selling scandal; September investment fund sales are lowest since recession

Around 60% of adults don't have a will; CPI measure for public sector pensions to be challenged in the High Court; £1 in every £10 is spent online; IFS research shows education cuts are biggest for more than half a century; Households save £4bn by switching to standard deals

CPI inflation matched its record high in September; OFT warns debt collectors against pressurising debtors online; Pension reforms could create 6m new savers; Millions set to receive tax rebates; Sharp increase in financial product complaints to Ombudsman