Monday, August 17th, 2009
With the FTSE and other world stock markets rallying, many say the end of the global credit crisis is near.
Many figures realeased last week look promising for UK businesses. The CBI "Confederation of British Industry" polled 73 firms in July, they found that 27% believed credit availability had improved in ...
Posted in Business Finance, Credit crunch | No Comments »
Wednesday, August 12th, 2009
Figures released today show unemployment has jumped by 220,000 in the three months to June the official number of people unemployed in the UK is now 2.435 million, the highest level since 1995 nearly 15 years ago.
The largest group of unemployed where 16-25 this figures is expected to increase with new ...
Posted in Credit crunch | No Comments »
Monday, August 3rd, 2009
Is the credit crunch coming to an end?
This morning has seen the release of some optimistic data the £ has reached a 10 month high against the dollar, rising to as much as $1.6850, GBP is at its highest level since October 2008.
UK manufacturing activity was up last month for the first time since March ...
Posted in Banking, Business Finance, Credit crunch | No Comments »
Wednesday, July 22nd, 2009
Whats the easiest way to save money during the credit crunch?
Reduce your outgoings - when was the last time you checked to see if you could save money on your gas, electric, phone bills, current account or credit cards? Theres lots of bills you could be saving money on ...
Posted in Credit crunch | No Comments »
Wednesday, January 28th, 2009
In recent reports, tourism experts have predicted that the current financial crisis may in fact be good news for British tourism as they expect more Britons to take holidays within the UK next year rather than going abroad.
With the costs of flights and holiday accommodation rising, and amidst fears about ...
Posted in Credit crunch | No Comments »
Wednesday, December 24th, 2008
The Family and Parenting Institute has recently published a report which reveals that a third of UK parents are having sleepless nights because of worries about money and that 29% of those parents are arguing over their family’s money situation.
The report, based on a YouGov survey, questioned over ...
Posted in Credit crunch, Debt, Personal Finance | 2 Comments »
Friday, November 14th, 2008
A leading finance expert has reported that many private schools are struggling to survive as pupil numbers fall, primarily because increasingly cash-strapped families are finding it hard to pay for private schooling during the credit crunch.
The cost of a private education has risen by 40% in five years and ...
Posted in Credit crunch | No Comments »
Tuesday, October 21st, 2008
UK Prime minister or (Sub Prime minister as he was called this week), Gordon Brown and his bushy eyebrowed sidekick the UK Chancellor Alistair Darling are to bring forward projects and spend the UK out of recession, they are planning to build more roads, schools and hospitals to get the ...
Posted in Credit crunch, Debt | 2 Comments »
Saturday, October 11th, 2008
The UK government has now announced a package of proposals that are aimed at rescuing the banking system. The plan will make around £400 billion of ‘fresh money’ available to fund the rescue.
The plan initially makes extra capital available to eight of the UK’s biggest banks and building societies ...
Posted in Banking, Credit crunch | 1 Comment »
Saturday, October 11th, 2008
A hastily formed delegation of Treasury officials has arrived in Iceland to secure assurances that UK investors will not lose their money as a result of its banking crisis.
The meetings follow heated exchanges between Gordon Brown and his Icelandic counterpart, Geir Haarde, about the crisis.
The UK officials are ...
Posted in Credit crunch | No Comments »