Political buzz
Due to the upcoming election, it seems that politics is the only discussion point on UK TV! With the introduction to American Style Presedential debates (but in this case, Nick Clegg, Gordon Brown & David Cameron) everyone (i.e the "general" public)… more »
Unemployment trends
The Global Employment Trends January 2009 by International Labour Organization (ILO) states, "The global financial crisis has triggered a serious slowdown in world economic growth including recession in the largest industrialized countries. Enterprises h… more »
Global recession?
I have been thinking of writing a blog on this topic but I have been affraid to do so as it is a huge topic. However, here goes nothing... Today on the news, it is official that the UK is in a recession. This is not a technical recession as data states… more »
Redundancy and staff morale
I guess this is a great time to study for an MBA. Why? Because the financial world has gone upside down, theories are being questioned and it does not just affect finance, with the increasing unemployment rate, it is hard (in my opinion) for firms to fol… more »
Credit Crunch begins to hit home
Today (or late last night) the news reported that retail Giants MFI and Woolworths as they are going into administration. This therefore means further job losses and increased unemployment, reduced ability within households to pay rising mortgage repayme… more »
We are Buying a new flat....
We have decided to really go for it and buy a new flat 88|. This is due to the 80 miles round trip journey that my better half does per day to her job and reducing this is our objective.
This is a "New build" so it has never been occupied before an… more »
More economic woes?
IMF Global Financial Stability Report (GFSR)
The International Monetary Fund's new economic forecasts offer a much gloomier view of the outlook for the world economy than the consensus of private sector economists and economic policymakers.
The In… more »
Mortgage Approvals
The bank of England said the number of mortgages approved for house purchase fell from 74,000 in January to 73,000 in February, broadly similar to the level in recent months but nearly 40 per cent lower than a year earlier. The Guardian states that t… more »
UK Mortgage News - March 08
Fewer mortgages
Financial information service Moneyfacts said earlier in the week that since last July the number of different mortgage deals on offer in the UK had fallen from 15,599 to 5,725.
Over the last month alone we have seen the number of… more »
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