The latest Bank of England Quarterly Inflation Report has highlighted the great level of uncertainty that surrounds Britain’s economic prospects.

The Isle of Wight has been revealed as a hotspot for growing debt problems.

Money management is a skill children should be taught early on, one expert has claimed.

A study has found many pensioners are cautious about spending to make their retirement fund last longer.

Changing driving habits is one way British motorists are trying to save money on the roads.

Money management can be boosted if consumers start to build their savings, it has been suggested.

Adults are said to be worrying every day for around half an hour about money management issues and work.

Pensions could be given a boost if consumers start setting aside cash using prepaid credit cards.

Prepaid credit cards could be just the ticket for pensioners struggling to make ends meet and pay off debts.

One expert has claimed that careful budget management could be enough to prevent families getting into more debt.