Sunday, November 30th, 2008
Many companies are planning their staff Christmas parties at the moment but even this traditional festivity is being hit by the credit crunch.
City workers used to party in their offices with banquets and champagne but now, they can expect finger buffets and a pint… if they’re lucky. In some cases, ...
Posted in Business Finance, Credit crunch | No Comments »
Tuesday, November 18th, 2008
This Christmas, UK shoppers are expected to spend around £31 billion on the festive season’s traditional trappings – including gifts and groceries – and more than £7 billion of that total will be on credit. However, what happens in January when we have to start paying it all back?
With ...
Posted in Credit crunch, Debt, Personal Finance | No Comments »
Tuesday, November 11th, 2008
If you’re planning on doing your Christmas shopping soon, make it this weekend because reports out this week suggest that high street retailers are planning to slash prices by up to 70% this weekend as they prepare for a 'bargain basement' Christmas.
Around 50% of UK families are expected to ...
Posted in Credit crunch | No Comments »
Wednesday, October 1st, 2008
[caption id="attachment_115" align="alignleft" width="300" caption="What will you get this christmas?"][/caption]
Several reports recently have shown that many UK families are planning on spending a lot less this Christmas than they normally would.
Half of Britons are dreading the run-up to Christmas and many are planning to cut back not only on presents ...
Posted in Credit crunch, Debt | 2 Comments »