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More than 4 million fear they`ll be made redundant Consumers took on more mortgage debt in July Debts called in by parents Teenagers `scared of debt` Rising household costs could pressure people in debt Pensions debt may impact workers` retirement funds Welsh young adults `at highest risk of debt problems` Over 50s can`t afford to enjoy retirement because of debts Budget: tackling the nation`s debt Short-term debt: `no need for price control` The cost of clearing debt Education debt Tackling the national debt Number of mortgage deals on offer exceeds 3,000 Almost 5 million take on debt to pay household bills OECD: household debt more than 120% of disposable income Petrol price falls help people in debt Amount of mortgage debt taken on at lowest level in ten years Northern Ireland sees significant IVA rise Overdraft debt `becoming more expensive`

Money worries `overtake terrorism as primary concern`

21/11/2008

Money troubles, potentially including debt problems, have overtaken terrorism as the issue considered to be the most important facing Britain.

According to a poll commissioned by AXA, 53 per cent of UK consumers feel that financial concerns are the single greatest issue facing the nation today, a rise of 21 per cent in 12 months.

Meanwhile, only three per cent of people ranked terrorism as the most important consideration, a fall of 20 per cent compared with last year, when it was ranked top.

"Money worries have a big impact on personal and professional relationships and in extreme cases they could even result in divorce and slower career progression, as people take out these frustrations on those around them," warned Steve Folkard of AXA.

A recent report from Abbey Banking found that 64 per cent of people questioned reported that they have to make sacrifices in their spending in the days leading up to payday.

More than 4 million fear they`ll be made redundant 16/12/2010 - According to R3`s quarterly personal debt tracker, more than 4 Consumers took on more mortgage debt in July 26/08/2010 - Consumers took on £2bn more mortgage debt than they repaid Debts called in by parents 26/08/2010 - According to research, `the bank of Mum and Dad` is Teenagers `scared of debt` 19/08/2010 - Nearly two thirds of teenagers are `scared` of debt, according