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Money checks essential as job losses rise

Money checks essential as job losses rise

Category: Money

Updated: 18/03/2009
First Published: 18/03/2009

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

People have been urged to review their finances, following the release of official figures showing unemployment in the UK has climbed above two million for the first time in 12 years.

Just over a quarter (28%) of adults in a relationship would be unable to last more than two months on their savings accounts if their partner became unemployed, according to callcreditcheck.com.

Given the uncertain times, this makes it essential to keep a closer eye than ever on all your financial commitments and identify where savings could be made if needed.

If you are concerned about your financial situation and need advice, contact a professional organisation such as the Citizens Advice Bureau or Consumer Credit Counselling Service, which will be able to help.

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

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