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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`

Diesel prices fall below £1 per litre

09/12/2008

The price of diesel fuel has fallen below £1 per litre for the first time in over a year, after supermarket Morrisons cut its price by 5 pence per litre yesterday.

The move prompted BP, Asda and Sainsbury’s to follow suit, and diesel prices at many petrol retailers across the UK now stand at 99.9 pence per litre.

Supermarkets have been staging a ‘petrol price war’ in recent months, with unleaded petrol falling below £1 per litre in October – a move also triggered by Morrisons.

A spokesperson for Debt Advisers Direct commented: “This is good news for drivers of diesel-fuelled cars, as the gap between petrol and diesel prices had widened in the past few months.

“Peaking in July, fuel prices have pushed a lot of drivers towards debt this year, so the recent price cuts are making a big difference to the budgets of drivers right across the country.”

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Debt Advisers Direct offer free debt advice and a range of debt solutions, including debt management plans, debt consolidation loans and IVAs (Individual Voluntary Arrangements).

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