A bad day for bankers

Tuesday, September 16th, 2008

Yesterday was a bad day not just for those that work in places like Londons Canary Wharf but for anyone who has a Bank Account, Pension Fund or Mortgage. UK Inflation is at a 16 Year High, Bank of England Governer Mervyn King had to write a letter to UK Chancellor ...

Credit Crunch Causes Food to Shrink

Sunday, July 20th, 2008

Global food inflation has caused many food manufactures to reduce the amount of food contained in their food packages. The food companies are having difficulty negotiating prices with leading supermarkets and are therefore having to compromise by reducing the amount of food sold.   So far in the UK the only ...

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 ...