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Page last updated at 04:41 GMT, Monday, 23 November 2009

Cut up credit cards
Personal insolvencies hit a record in England and Wales in the third quarter of 2009, with the total up 28% on a year ago.

The government could face a battle over funding for a money education scheme announced in the Queen's Speech.

Bad credit card debts could reach as much as 9% of all outstanding balances by the end of next year, an accountancy firm says.

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DEBT BASICS
UK personal debt totals close to £1.5 trillion
The recession has been driving up the number of personal insolvencies since the end of 2007
A household is in fuel poverty when it spends more than 10% of income on fuel bills
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