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Three thousand less homes have been sold compared to October 2010, says HM Revenue & Customs. In total, house sales for 2011 are 5% less than 2010, caused by the lack of mortgage funds and our economies state.

Bankruptcy fees rose from £75 to £525 this August to try and discourage people with financial issues looking for a solution to their problems.

Psychiatrists have warned that changes in Western society could fuel a rise in the number of men with depression.

Recent figures show that consumers got a bit bolder in terms of unsecured borrowing and mortgages in the month of February.

British taxpayers hoped that after they nationalised lender Northern Rock, the bank would begin to recover.

There has now been no change to UK interest rates for two years, even though inflation is currently twice the Bank's target rate.

For those looking for quick house sales, it seems another house price index comes out every week. Here is a quick description of the main 4 indices, useful for those wanting a quick home sale.

Homeowners are seeing mortgage rates rise despite the Bank of England’s base rate remaining stuck at rock bottom. 

The amount of mortgage deals on offer to borrowers has suddenly dropped, after rising towards the end of last year. 

UK economic activity shrank by 0.2% in the last three months of last year according to official figures.

The High Pay Commission says that the extortionate wages of UK executives will damage the nation’s economy. Their “corrosive” salaries are having a negative impact on our economy and "high pay creating inequalities last seen in the Victorian era".

Unemployment has risen in almost all parts of the UK. This October the number of people being out of work has risen to over 1.6 million, an increase of 5,300 people out of work and claiming Job Seekers Allowance.

Property prices dropped 0.6% in August from July and 0.4% from a year ago. Experts are expecting the housing market to be subdued for at least another year, with values staying the same of slightly lower as they are today.

Due to would-be property buyers struggle to find mortgage finance in the current economic climate, the gap between demand and supply in the housing marking will continue to widen, resulting in further gain in rents.

There has been a 2.6% increase in long term graduate unemployment, from graduates who left university in 2007, to students who left in 2005.

Tenants with home buying ambitions have been under more and more pressure due to increasing private rents, recent reports show.

A recent survey under High Street retailers unveiled that 46% of the retailers have seen their sales fall in August and the current condition of the retail market is under a lot of pressure.

As taxes escalate, there will be a squeeze on household budgets in the next ten years or so.

Between the months of July and August almost 40% of homeowners witnessed their finances deteriorate according to a study under 1,500 adults.

For many consumers, obtaining mortgages with higher percentage rates is next to impossible, especially at the lower rates advertised.

Since 1923, the number of new houses built in 2010 was the lowest ever.

Strict lending criteria developed by bank and housing pricing levels have meshed, eliminating new potential buyers from the market.

Without government action addressing the chronic amount of under supplying homes, it is a possibility the housing market will plummet into a deep crisis.

Since 1991, the amount of consumers actively saving in corporate pension schemes within the UK's private sector has been halved.

In recent surveys 4,359 UK parents say how costly childcare fees have placed them in debt.

During the months of June, July, and August, the UK economy has decreased it's growth rate by 0.2%, while expanding 0.6% between the months of May, June, and July.

In 2012, it is quite possible that average debts for UK students will reach an all time high, double the average debt in 2011.

Along with the UK government target inflation rates rising in July, due to the increase of financial service fees and higher prices for clothing.

Unemployment numbers in the UK have increased greatly by 38,000 to 2.49 million within the past few months.

Average pay gaps between employees in the private sector and those of the public sector have widely increased a great deal.

Average pay settlements are around 2.5% during July and because of this many consumers have to endure cut backs in their outgoings and struggle to pay off personal loans and mortgages.

Figures from the Pension Protection Fund reported the deterioration of UK pension schemes in July 2011.

A recent survey questioning 1,800 UK businesses claims the biggest threats to UK companies are due to a weakened domestic demand.

Potential buyers in most of the UK are discouraged to purchase a property due to lenders demanding large deposits.

According to the IMF, higher prices for oil, economic turmoil in the eurozone, impact of spending cuts, and plummeting prices could throw the economy off course.

According to The International Monetary Fund, unemployment, growth, and risks to inflation are prevalent in the UK.

Since May, the UK economy has drastically weakened, escalating Europe's debt crisis and fears of contracting in the US.

It is predicted by the CML that 40,000 people will lose their homes this year.

In June, mortgage lending has increased, but the market is still subdued.

Since the government expects to make changes with public sector pensions, people have expressed their concerns.

Increasing demand for properties to rent has caused rents in the private sector to increase to an average of £701 per month throughout England and Wales.

For the first time this year, home sellers lowered asking prices, according to Rightmove, a property website.

On top of the 7,000 redundancies previously announced, it has now been reported that an additional 5,000 British soldiers will face the loss of jobs by 2015.

A study by the Institute for Fiscal Studies and the BBC shows that pensioners and the poorest families are among those hit the hardest by the recession.

So far in 2011, 382,000 UK homes have sold, which is down from 407,000 homes sold in the first six months of 2010.

Figures suggest that some UK residents are saving less these days, due to increased outgoings, such as higher household bills.

More holidaymakers will soon see their holiday budgets shrinking from additional charges on debit card use.

The Bank of England recently warned that increasing utility bills are expected to result in inflation hitting 5% later on this year.

The Bank of England recently warned that increasing utility bills are expected to result in inflation hitting 5% later on this year.

The Halifax reports that home prices fell in the spring, but that the lender expects prices to stabilise later this year.

Income gaps have continued to widen over the past 30 years, with many low- and middle- income wage earners seeing only slight – if any – improvement in their overall incomes.

The Council of Mortgage Lenders (CML) warns that home repossessions will likely rise again in 2012.

HMV, the DVD and music retailer, recently sold the Waterstone’s book chain to a fund controlled by Alexander Mamut – a Russian billionaire who owns 6% of HMV.

According to a recent survey, gazumping is pushing up rents in England and Wales, with the average cost to tenants reaching £696 in May.

A small bank operating in the Portsmouth area has been shut down by the financial authorities.

UK unemployment fell 88,000 in the three months to April this year to 2.43 million, the biggest drop since the summer of 2000, latest data shows.

Argos has reported a big drop in sales for the past three months after it experienced worse-than-expected trading conditions, according to its owner.

A BBC investigation has uncovered some unsavoury practices in the debt management industry, including some companies holding the money they receive from clients instead of paying creditors.

UK residents who dream of living by the sea might find it a bit more difficult these days.

A Halifax poll, which included 4,000 non-homeowners as the respondents, shows that two-thirds of young adults who do not own a home believe they will not be able to get on the property ladder.

Chairman of the eurozone finance ministers, Jean Claude-Juncker, recently announced that Greece may need further assistance via financial bail-out.

A recent survey shows that UK manufacturing growth is slowing, with April growth at the weakest in seven months.

Car production in Japan fell in April with manufacturers forced to slow down or halt production, due to part shortages in the supply chain.

The most recent survey put out by the Nationwide building society shows that the housing market in the UK remains subdued.

The Society of Motor Manufacturers and Traders (SMMT) reported a drop in new car sales in April, making it the tenth consecutive month to see a fall.

Centrica, which owns British Gas, has put out a warning that customers may soon see an increase on their energy bills.

A leading economic think tank has warned that UK households may face the biggest drop in income for 30 years.

Low-cost airline Easyjet has reported that its half-year losses have almost doubled due to higher fuel costs and the tough economic environment.

The governor of the Bank of England, Mervyn King, has warned that higher utility bills could push inflation up to 5% later this year.

According to a recent survey from the Land Registry house prices in England and Wales are still falling.

There has been a huge rise in the number of home buyers paying for their new homes in cash.

Research has found that the economies of university towns and cities could be badly hit from 2012 by the decision to raise student tuition fees as high as £9,000.

Amazon has reported a sharp drop in quarterly profits as the cost of investing in new business overshadowed a big jump in sales.

The taxman is targeting plumbers and others who work for cash in a new campaign against people not paying tax.

Barclays, the UK bank has reported a 9% fall in pre-tax profits for the first three months of the year to £1.66bn.

The Office of Fair Trading (OFT) has closed down four companies that misled people in debt

Toyota, the world's biggest carmaker, will be closing its UK plant at Burnaston in Derbyshire for two days each week in May due to the current shortage of car parts.

The president of the World Bank has warned that the world is "one shock away from a full-blown crisis".

Mortgage lending is still at very low levels, according to the Council of Mortgage Lenders (CML).

The International Energy Agency (IEA) reports that the price of oil has started to have an effect on energy demand.

The British Retail Consortium (BRC) has recorded its worst fall in sales since records began in 1996, which is a further signal of difficult times on the High Street.

The Nationwide building society reported an increase in home prices in March – up 0.5% from the previous month and about 0.1% from the same month last year.

The new tax year, which began on Wednesday, brought with it tax increases, cuts to benefits and tax credit changes that will affect families throughout Britain.

According to new figures from industry body SMMT, sales of the new 11-plate cars were down in March in comparison to the same month last year

Higher UK postage prices have come into force –with the result that a first-class stamp now costs 46p.

As usual, it's the people who can afford it the least who are being hardest hit by the recession.

Will inflation rates ever come down again? In January, the UK Consumer Prices Index stood at 4%; today it stands at 4.4%.

Economists believe that the consumer confidence index is one of the best indicators for the overall health of an economy, and if they're right, the UK is in very big trouble.

According to a Freedom of Information request, the sum of the twenty largest student loan debts tops £1 million, with the largest student loan of all at £66,150.

Savers are finding it harder than ever to protect their funds from inflation erosion.

The industry has given out a warning that, as a result of of a windfall tax on North Sea oil producers announced in the Budget, tens of thousands of jobs in the UK will be cut.

The Royal Mail will be cutting more than 1,700 jobs and close two mail centres in London.

According to the Chancellor George Osborne, the UK economy will grow more slowly this year than previously expected.

Telecoms giant BT has announced that, from 28 April 2011 call charges will increase by 9% and the monthly standard line rental charge will increase by 30 pence.

UK mortgage lending remained at low levels in February as the housing market remained "stuck in a rut", lenders have reported.

The number of people in the UK facing unemployment and rising bills have convinced MPs that people need a better financial education.

It seems like online identity theft and online credit card fraud is rising at an alarming rate.

If you're in Scotland, Wales, or Northern Ireland, feel grateful – MSPs have scrapped your prescription charges.

All the unrest in Middle East might be good for democracy, but it's bad for the price of petrol.

Across the UK, you shouldn't count on your pension scheme to support you anymore.

If you're thinking of selling your home so that you can save money by renting a property, you might want to think twice.

According to a survey carried out by Vocalink, private sector pay at UK listed companies has risen at the slowest rate on record.

According to the latest survey from the Royal Institution of Chartered Surveyors (Rics), the property market is flat everywhere in the UK except London.

The UK economy will grow by less than expected in 2011, the British Chambers of Commerce forecasts.

According to a report by the Halifax, UK house prices fell by 0.9% this February, compared with last month, cancelling out a rise in January.

In November 2010, the Office for Budget Responsibility reported that they expect 330,000 job losses among public sector workers in the coming four years

For twelve years, the Office for National Statistics (ONS) has got the inflation numbers wrong.

Rightmove, an estate agency site that lays claim to advertising 90% or properties listed with local estate agents, has stated that much of the property market in the UK is facing paralysis in 2011.

Many home owners are choosing to sell and rent back because of the ongoing sluggish state of the UK economy and prolonged unemployment.

The UK economy shrank by more than previously thought during the last three months of 2010, revised figures show.

Research by ING Direct suggests that the prospect of university fees rising to £9,000 a year is prompting parents to save more for their children's education.

Relying on your savings to supplement your income puts you at risk of greater pain from the rising rate of inflation.

Figures from the British Bankers' Association indicate that the stagnation in the UK property market is continuing.

A recent report shows that banks in the UK are receiving tens of billions of pounds through hidden subsidies from customers and taxpayers – in addition to receiving support directly from the state.

A research group recently predicted that house prices in the UK will fall by another 1.7% in 2011.

The United Nation’s Food and Agriculture Organization (FAO) reports that wholesale food costs reached the highest monthly amount ever recorded last month

In January 2011, the UK's Consumer Prices Index (CPI) rose by 4%.

According to recent news from the UK Public Health Association, the two-tier tariffs used for domestic fuel billing is leading to thousands of deaths every winter.

Fixed rate mortgage prices have become much more expensive recently because of a rise in the swap rate.

The Financial Ombudsman Service (FOS) reports an increase of 25% since last spring in regards to complaints against debt management companies

More bad news for the unemployed: a recent survey discovered that employers expect the highest level of redundancy since 2004.

According to recently released figures, the UK GDP shrank 0.5% in the last three months of 2010, partially due to the significant economic impact of  December’s freezing weather.

A recent study shows that UK consumers have experienced their largest monthly fall in confidence in 16 years when it comes to their own finances and the economy.

According to a monthly survey conducted by LSL, a property firm, unpaid rent and late-paid rent is on the rise

According to the Institute for Fiscal Studies (IFS), a prominent economic research group, approximately 750,000 additional UK residents are poised to pay higher tax rates in April.

The economic situation in the UK remains grim. Recent unemployment figures show that joblessness continues to hover around 8%, jumping to 20% for 16 – 24 year-olds

Figures show that bankruptcies among men are on the rise at a higher rate than those among women; however, men seek help with their debts less often.

Figures show that 2010 saw UK mortgage lending fall to the lowest level in nine years.

Fraud costs the UK economy £38bn a year, with more than half of that suffered by the public sector, according to official estimates.

The number of mortgages approved for house buyers by the UK's main banks fell by 10% in 2010.

The United Nations’ Food and Agricultural Organisation (FAO) has reported a new high in global food prices as of December.

Brian Strutton, national officer for GMB, asserts that the speed and size of coming job cuts may reach unprecedented levels.

Research conducted by Incomes Data Services (IDS) suggests that a majority of workers in the UK are facing a real possibility of declining incomes in 2011.

Shelter, a charity organisation, recently conducted a survey with 2,202 participants and reported that more people are paying their mortgages or rent with money they borrow from credit cards.

R3, the Association of Business Recovery Professionals, estimates that there are 961,000 UK residents struggling with debt.

Halifax, a lender in the Lloyds Banking Group, reports that house prices in the UK continue to fall, with December seeing a drop of 1.3% from November prices.

New European rules will be going into force in the UK as of 1 February, which are expected to result in an increase in the number of borrowers being charged higher rates of interest than those advertised.

More than one-fifth of UK households report that they intend to increase their savings or are already saving more.

A recent report notes that the Bank of England gave a boost to many UK households when the base rate was cut to 0.5%, a record low.

Recently released survey data shows that almost half of UK households are concerned about their debt levels, with a majority expressing greater concern today than over the last two years.

Unemployment is on the rise in the UK once again, reaching 2.5 million (7.9%) in October. This resulted from an increase of 35,000 during the previous three months.

The economic recovery occurring across the globe has caused an increase in demand for oil.

The British Chambers of Commerce is forecasting slower than expected economic growth in the coming year, downgrading its September forecast of a 2.2% GDP growth in the UK in 2011 to just 1.9%.

Leading energy company bosses told the Parliament’s Energy Committee that they expect increases in energy bills in the coming years.

Numbers from the Office for National Statistics show that £10.3bn was borrowed by the UK government in the month of October to compensate for the public finances gap.

Hometrack, a property website, has stated that homes for sale are spending an average of almost 10 weeks on the market, which is the longest for the past 17 months.

Data from two recent surveys shows that the rental market is under pressure and that average costs are on the rise.