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The Latest Breaking News from StepChange Debt Charity

Two in five adults expect their financial situation to worsen in 2025 – survey

Women were particularly likely to say they were worrying more about money now than a year ago, StepChange Debt Charity research found.

Evening Standard

Number of home buyer mortgage approvals slumped to six-month low in August

Net approvals for remortgaging fell to the lowest level since 2012, the Bank of England said.

The Independent UK

Consumer lending jumps to five-year high as squeezed households rely on credit

But in better news for the housing market, mortgage approvals ticked up unexpectedly in June despite borrowing costs continuing to rise.

The Independent UK

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Average monthly tracker mortgage payment jumps by nearly £50 following rate hike

The average tracker mortgage payment will increase by £48.99 per month, according to figures from UK Finance.

The Independent UK

Interest rates surge to 2.25% as UK 'already in recession'

Mortgage payments will go up along with some loan and credit card debts

Wales Online

Energy arrears overtake council tax as most common debt issue

Leading UK debt charities call on Ofgem to protect vulnerable families before new energy price cap kicks in for winter

Chronicle Live

Six weeks of holiday childcare costs nearly £890 on average, report finds

Parents across Britain face paying around £148 per week typically for holiday childcare

The Independent UK

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‘No time to lose’ to help those struggling with surging living costs

StepChange Debt Charity said the surging cost of living is among the most common reasons people with financial struggles give for their debts.

The Independent UK

One in five expect to be driven into problem debt this year, says charity

StepChange Debt Charity said more action is ‘clearly needed’ to help households.

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