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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`

Petrol prices back above 90p per litre

11/03/2009

Following several months of relatively low prices, the price of a litre of unleaded petrol has now risen above the 90p mark.

A huge drop in demand at the beginning of the global economic downturn was one factor in the significant falls from last year`s peak price of 119 pence per litre, but prices are now on the rise once again.

A slight resurgence in demand for oil, as well as a fall in the value of the pound, has meant that the price at the pump has risen to an average 90.5 pence per litre (at the time of writing), according to petrolprices.com.

A spokesperson for Debt Advisers Direct said: "Petrol prices are relatively low compared with last year`s peak, but the recent rises may be cause for concern amongst some drivers, especially those pushed towards debt by last year`s high prices.

"Drivers can do a number of things to minimise the impact of any price rises, such as walking short journeys, driving more efficiently and - in certain cases - using public transport."

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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