Many people in the UK are worried about debts and financial security because they still think Britain is in recession. A survey by the British Retail Consortium (BRC) found 84 per cent of UK shoppers believe the country’s economy is still contracting. If you are facing serous debt problems an Individual Voluntary Arrangement (IVA) is a good solution. A person with unsecured debts of over £15000 can meet an agreement with creditors to pay a more manageable monthly amount over 5 years. The BRC is worried that a rumoured rise in VAT could knock consumer confidence even further.
Consumer confidence still low
May 17, 2010 By
