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 ...
Posted in Banking, Credit crunch | No Comments »
Wednesday, August 13th, 2008
Jobless figures rose by 60,000 in the quarter up to June which has taken the number out of work to 5.4% according to the ONS (Office for National Statistics). The number of people claiming unemployment benefits went up by over 20,000 to reach a figure of just under 850,000 this ...
Posted in Credit crunch | No Comments »
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 ...
Posted in Credit crunch | No Comments »
