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Consumer confidence rises in May

Consumer confidence has risen to its highest level in over two years, according to GfK’s consumer confidence index. The index rose by two points to minus 17 in May, which is the highest reading since December 2021

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Second charge mortgage new business volumes grew by 5% in March 2024

Commenting on the latest new business figures for the second charge mortgage market, Fiona Hoyle, Director of Consumer & Mortgage Finance and Inclusion at the Finance & Leasing Association (FLA), said:

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Consumer finance new business fell by 4% in March 2023

New figures released by the Finance & Leasing Association (FLA) show that consumer finance new business fell by 4% in March 2023 compared with the same month in 2022. In Q1 2023, new business was 2% lower than in Q1 2022.

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First-time buyers face toughest conditions in 70 years

A new report from the Building Societies Association (BSA) has found that those looking to get onto the property ladder are facing the toughest conditions in 70 years.

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Unsecured debt at its highest level for a decade

Latest analysis by StepChange Debt Charity has revealed that there is growing financial insecurity among its clients, with the average person coming to the charity for help having more debt and less money to pay towards it each month.

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Consumer finance new business grew by 2% in January 2024

New figures released by the Finance & Leasing Association (FLA) show that consumer finance new business grew in January 2024 by 2% compared with the same month in 2023. In the twelve months to January 2024, new business was 2% lower than in the same period in 2023.

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