UK Car Prices Through the Roof
In addition to all of the other economic woes hitting the UK at the moment, add to these the cost of driving. RAC has just revealed that drivers have experienced a 14% rise in the cost of motoring this year. […]
Consumer Group Points Finger at High Street Banks
The consumer group called “Which?” is making some pretty strong allegations based on their recent undercover investigation. They sent nine researchers out into the filed to visit 37 High Street banks and building society branches across the UK. Going Undercover […]
Good News for the UK Inflation Rates
A bit of good news for the UK – but only a bit. Inflation rates came down slightly from their three year high of 5.2% in September, now at 5%, according to the Office for National Statistics (ONS). The slowdown […]
Thatcher’s Privatization Efforts Paying Off
Sometimes, privatization wins in the global economy. 25 years ago, former Prime Minister Margaret Thatcher’s government decided to privatize British Gas. They urged Brits to purchase shares and they used a well-known advertising slogan “if you see Sid tell him.” […]
Treasury Minister Danny Alexander Weighs in on Eurozone Crisis
Certainly, the crisis in the eurozone is hitting all those involved, and that includes citizens in the UK. As said, Treasury Minister Danny Alexander “Of course the situation in the eurozone is very serious, it’s one that has an effect […]
Strengthening Ties Between the UK and Indonesia
The UK and Indonesia are looking to strengthen ties between the two, and perhaps to make Indonesia the UK’s strategic partner in the next 10 to 20 years. Edward Oakden, the managing director of UK Trade&Investment recently told the Jakart […]
RPI Increase Hurting UK Businesses
The government’s plan to increase business rates next April is raising feathers for shops and small firms. With last month’s rise in the Retail Prices Index of 5.6%, the government feels it needs to make this move. Now, however, many […]
English Sawmill Investing in Two New Projects
England’s largest sawmill operator just unveiled a £50 million investment in two of its operations – in Fort William and Latvia. The plan is to invest approximately £43m into the Lochaber site and the rest of the planned amount with […]
Retirees Strapped with Mortgage Payments
In a new twist for the UK, over 25% of those who are looking to purchase their first homes are in their 40s. This is creating a situation where buyers are either being forced to pay off their mortgages with […]
Unemployment Reaching All Time High
If you’re unemployed these days in the UK, you’re not alone. Unemployment levels are, this week, hitting their highest level in 17 years. And experts are warning that those figures are going to increase even more in the next year […]