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According to R3`s quarterly personal debt tracker, more than 4 million (an estimated 4, 258, 737) people fear they`ll be made redundant. The insolvency trade body found that those aged between 25 and 34 are the most worried about their job, with 16% `expressing a concern`. Since the third quarter of the year, the number of individuals `experiencing each sign of financial distress`, has increased...

Consumers took on £2bn more mortgage debt than they repaid in July, according to the latest figures from the British Bankers` Association (BBA). This represented a 4.1% annual increase in net mortgage lending by banks, the report adds. Gross mortgage lending came to £8.4bn in July, but this was down on the £8.6bn seen both a month earlier and on average over the six months before that. Mortgag...

According to research, `the bank of Mum and Dad` is now calling in its debts - as parents ask for larger amounts of money back from their children, The Telegraph reports. The findings revealed that one in 10 grown-up children either gave or lent, on average, £8, 250 to their parents last year. This figure is £1, 750 higher than it was in 2008. More than one third of parents admitted to using the...