VAT cuts planned to beat the credit crunch

Sunday, November 23rd, 2008

The credit crunch is of course biting ever deeper into not only our wallets but into the economy as a whole, and as part of an economic rescue package, it’s widely expected that the government will cut VAT by 2.5% in Monday’s pre-Budget report. Business secretary Lord Mandelson told BBC ...

Unemployment figures soar and inflation rises

Sunday, July 20th, 2008

It has recently been reported that the number of people claiming unemployment benefit has seen it’s biggest increase for more than fifteen years during the month of June. This is yet another indicator of the impending recession that threatens not just our economy but that of the global economy. The Office ...