Bank of England

Turning to Grandma for Home-Buying Help

January 30, 2012 Shortlink

Turning to the parents for a bit of financial assistance as always been done – turning to the grandparents, however, is becoming more and more popular these days. Research from the housebuilder Taylor Wimpey shows that, out of the 1000 […]

Unemployment Reaching All Time High

October 17, 2011 Shortlink

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 […]

Preparing to Weather the Storm

August 7, 2011 Shortlink

Recession risks will rise unless British banks raise the amount of money they lend to business and individuals. This is according to Business Secretary Vince Cable who was interviewed with The Sunday Times. “The top priority now, to boost growth […]

Good News from Bank of England

June 13, 2011 Shortlink

Good news from the Bank of England. In a study they just published, they explain that interest rates will not rise, even though there is surging inflation. They say that the rates can safely be kept at .5%. Alleviating Consumer […]