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14/08/2003
Tories claims student debt will 'triple' under Labour
The Tory Party has said today that student debt looks set to triple between now and 2010, with those leaving university in seven years time likely to be £33,708 in the red.
According to research by Barclay's, this year's graduates are said to have amassed debts of about £10,997 each, but this is expected to rise to £17,561 for today's sixth formers who will graduate in 2006.
The Shadow Secretary of State for Education, Damian Green, said: "Student debt is bad today and will get steadily worse the longer this government is in power. Another Labour term could see students facing debts of tens of thousands of pounds. Nothing could be better guaranteed to deter children from hard-working but relatively poor families from applying to university.
"The Conservatives would abolish all tuition fees relieving students of thousands of pounds worth of debt burden."
(gmcg)
According to research by Barclay's, this year's graduates are said to have amassed debts of about £10,997 each, but this is expected to rise to £17,561 for today's sixth formers who will graduate in 2006.
The Shadow Secretary of State for Education, Damian Green, said: "Student debt is bad today and will get steadily worse the longer this government is in power. Another Labour term could see students facing debts of tens of thousands of pounds. Nothing could be better guaranteed to deter children from hard-working but relatively poor families from applying to university.
"The Conservatives would abolish all tuition fees relieving students of thousands of pounds worth of debt burden."
(gmcg)
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21 April 2005
Liberal Democrats to tackle student debt
The Liberal Democrats have promised to remove the fear of debt from university students by scrapping tuition and top-up fees and increase grants for poorer students. The party announced that a Liberal Democrat government would provide grants of up to £2,000 per year to poorer students.
Liberal Democrats to tackle student debt
The Liberal Democrats have promised to remove the fear of debt from university students by scrapping tuition and top-up fees and increase grants for poorer students. The party announced that a Liberal Democrat government would provide grants of up to £2,000 per year to poorer students.
21 October 2004
Charity calls for credit reform to tackle rising debt problems
Citizens Advice has issued a credit warning to consumers after revealing that people approaching the agency with debt problems had risen by three-quarters over the past seven years. On the back of the figures, the charity has today called for a reform of Britain’s "outdated" consumer credit laws to be included in the Queen’s Speech later this year.
Charity calls for credit reform to tackle rising debt problems
Citizens Advice has issued a credit warning to consumers after revealing that people approaching the agency with debt problems had risen by three-quarters over the past seven years. On the back of the figures, the charity has today called for a reform of Britain’s "outdated" consumer credit laws to be included in the Queen’s Speech later this year.
27 April 2012
Government Departments Outsourcing Debt Collection
Government departments tasked debt collection agencies with recovering almost £60bn in unpaid consumer debt last year, according to figures release for the first time by the industry.
Government Departments Outsourcing Debt Collection
Government departments tasked debt collection agencies with recovering almost £60bn in unpaid consumer debt last year, according to figures release for the first time by the industry.
14 February 2011
Funding Of £27m Secures Face-To-Face Debt Advice Programme
The future of the face-to-face debt advice programme has been secured today with the Government announcing £27 million of funding for the next year. The Government wants to ensure that individuals facing financial difficulty can get valuable impartial advice early, rather than wait until their problems become much more difficult to resolve.
Funding Of £27m Secures Face-To-Face Debt Advice Programme
The future of the face-to-face debt advice programme has been secured today with the Government announcing £27 million of funding for the next year. The Government wants to ensure that individuals facing financial difficulty can get valuable impartial advice early, rather than wait until their problems become much more difficult to resolve.
04 February 2010
Interest Rates And 'Easing' Held
The Bank of England today held interest rates at 0.5%, with so-called 'quantitative easing' being mainted at £200 billion. The UK officially climbed out of recession last month, following a 0.1% growth in output. "After a substantial fall in output, the UK economy recorded sluggish growth in the final quarter of 2009," the bank said this morning.
Interest Rates And 'Easing' Held
The Bank of England today held interest rates at 0.5%, with so-called 'quantitative easing' being mainted at £200 billion. The UK officially climbed out of recession last month, following a 0.1% growth in output. "After a substantial fall in output, the UK economy recorded sluggish growth in the final quarter of 2009," the bank said this morning.
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Northern Ireland WeatherToday:It will be cloudy again throughout the day. Mainly dry in the morning, but patchy drizzle in places, becoming more widespread and persistent in the afternoon. Freshening southwesterly winds. Maximum temperature 12 °C.Tonight:Cloudy with a spell of heavy rain pushing south through late evening and the early hours, followed by some clear spells. Minimum temperature 6 °C.
