Author: Jacob oregan

Bank of England cuts interest rates but what are the real impacts for people in London?

The recent Bank of England base rate cut from 4.5% to 4.25% has many implications for people in the UK, mainly with mortgages, savings, credit cards, and loans. Here is a quick breakdown of each and how it might impact you. Renting Savings  Credit Cards  Loans Mortgages Our director of Advice Services Matt Dronfield said…
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More Brits Are Saving, But Millions Still Live One Crisis Away from Debt

New figures from Chase, the consumer banking arm of JPMorgan Chase, show that 69% of adults in the UK have changed their spending habits to try and save more money. Almost half of those surveyed said they’re doing so to build an emergency fund, with others saving for holidays, retirement, or simply to prepare for…
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Debt Advice Without Borders: A global week in London

Earlier this month, Toynbee Hall was proud to host members of the Global Credit Counselling Alliance (GCCA) for a three-day study visit in London. The event led by our director of advice services Matt Dronfield brought together representatives from credit counselling organisations in South Korea and the United States to exchange ideas, explore innovative practices,…
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