Seven in ten British adults have some sort of savings reveals new figures from the Office for National Statistics, published on Thursday But many now fear for their saved money after the recent turmoil on the credit market

The council tax, which was introduced in 1993 replacing the community charge, has more than doubled since 1997 This year in April it is due to a further four per cent rise, announced the Local Government Association on Thursday

For most people, debts are confusing and can leave many of those in the red frightened As the mortgage rates rise and the levels of credit card debt reach a record high, debt is fast becoming a fact of life