Credit card companies to start targeting high earners again

Whilst there has been something of a credit boom in the UK over the past decade, prior to this boom it was not unusual for credit card firms to focus only on wealthy, higher earners, leaving those on lower incomes out in the cold when it came to getting credit. In fact, seeing someone open a purse or wallet with a string of credit cards suggested that the person was well off and earned good money. Read more

Tags: PricewaterhouseCoopers, interest rates, credit, Credit history, Credit Cards

Over a decade to full recovery for housing market

It has been claimed that a full recovery for the property market in the UK could still be quite some way away, with some industry official claiming that it could be more than another decade before the property market makes a proper recovery. Read more

Tags: housing market, supply, market, bust, firm, memories, PricewaterhouseCoopers, property prices

Which Age Group Has Been Most Affected by the Recession?

Although everyone has been affected by the recession in some way, recent research points to the fact that those between the ages of 45 and 60 have been hardest hit.

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Tags: mercy, PricewaterhouseCoopers, age groups, market, Mortgage loan

Middle aged and near retired people feel effects of recession most

It has been claimed that the age groups that are most likely to feel the pinch from the ongoing recession in the UK are those that are in middle age and those that are nearing retirement age. Read more

Tags: Labor economics, late, PricewaterhouseCoopers, recession, uk, economic slump, analysis