A recent survey has revealed that the debt collection industry is facing a "perfect storm" due to outdated methods of collection utilised by some debt collection agencies.

The latest credit card data released by FICO has revealed that credit card delinquencies have fallen for the past six months.

Business Minister Norman Lamb has announced that Payday loans lenders are to improve their codes of practice as a means to improve transparency and help to protect vulnerable lenders.

As debate about the UK housing market continues, the IMLA comments on recent findings and discussions.

Christine Lagarde, head of the International Monetary Fund, is intent on keeping up the pressure on Greece to bring its finances into order.

IMF head Christine Lagarde has said she hopes that elections in debt-stricken Greece produce a government committed to sticking to the terms of the country's rescue package.

High-profile money lending firm Wonga has been criticised by the Office of Fair Trading for using aggressive and misleading debt collection methods.

The latest House Price Index from the Office for National Statistics shows that UK house prices in March were down 0.4% on the same period in 2011.

The latest statistics from ONS have revealed that CPI annual inflation for April stands at 3%, down from the March figure of 3.5%.

Two company directors in Manchester have been sentenced to 21 months’ imprisonment each by Chester Crown Court for fraudulent trading at their debt solution company, Churchwood Corporate Services Limited.

A recent UK property lending survey has revealed that the amount of debt held against UK commercial property has continued to drop over the last year from £228.1bn to £212.3bn, a drop of 6.8%.

Housing affordability conditions for all buyers reached a milestone in the first quarter, according to data released by the National Association of Realtors on May 15, 2012.

By the skin of its teeth, the Eurozone has avoided recession reporting marginal combined growth of 0.1% for Q1 2012, report cebr.

Despite the UK Economy entering a double-dip recession optimism amongst UK companies remains high according to two new surveys.

New figures from FindaProperty.com have revealed that UK households are spending an average of 28% of their take-home income on rent, rising to 71% in London.

Britons are becoming increasingly confident in the outlook for the housing market, according to the latest Halifax Housing Market Confidence tracker.

The UK economy has re-entered recession after shrinking by 0.2% in the first quarter of 2012.

New figures released by the Office for National Statistics has revealed that UK unemployment rates have fallen for the first time since last spring.

The latest financial safety net report from Bright Grey has revealed that Britons only consider themselves to have a serious financial problem when they reach a debt level of £14,416.

A new survey has suggested that the UK’s services sector grew during March with an increase in the amount of jobs created.