Personal loans drop to lowest level in 14 YEARS as cautious households clear debts

Brits have paid off half their personal loans since the financial crisis, with debts at their lowest since 1999 ” class=”blkBorder” /> Counting the pennies: Cautious consumers chose to pay off more than they borrowed in 2012 Cautious households are making considerable headway clearing their debts, with the amount owed on personal loans dropping to its lowest level in 14 years, according to a report.

UK floods: More than 200,000 households in high risk flood areas to become "uninsurable"

More than 200,000 households in high risk flood areas to become 'uninsurable' as funding talks between Government and industry failDeal allowing homes in high flood risk areas to be insured expires next yearInsurance firms want Government 'overdraft' to help fund claims during extreme flooding but have so far failed to reach an agreement Association of British Insurers warns negotiations reached 'crisis point' | UPDATED: 23:22 GMT, 26 November 2012 Two hundred thousand homes at high risk of flooding could be left without insurance cover because of a row between the Government and insurers.