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The media (print & visual) is full of stories of increased consumption driving economic activity. It conveniently omits to mention that much of the increased consumption is thru taking on higher Debt ...

Borrowers on the whole will be able to cope financially even if they remortgage onto a higher interest rate, the FPC said.

“Active income includes salary and hourly wages earned by working, while passive income could be earned by investing in stocks that pay dividends, interest from fixed income investments, rental ...