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.

Three in ten of UK adults are uninsured against events such as death, critical illness and redundancy, report Unbiased.co.uk.

The Financial Services Authority today publishes the findings of its thematic review into anti-bribery and corruption systems and controls in investment banks.

New research from retirement income specialist MGM Advantage reveals that the average retired person has £8,180 of personal debt, collectively equating to a staggering £96.41bn.

Local councils are being urged to utilise private debt collection agencies due to high volumes of debt being written off.

The Financial Services Authority has banned and fined Londonderry-based mortgage adviser Gareth Flanagan £95,200 for personal mortgage fraud and regulatory failings.

Energy firms are switching to debt collection agencies as a means of of pursuing customers who switch to another company so as to avoid paying their bills.