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 »

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 »

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 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 »

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 »

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 »

As promised here is the link to the pictures taken at the 2008 Ideal Home Show. Below are three pictures... It was good fun however the products were below my espectation. Why? It was more or less a trade show! There was nothing spectac… more »

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 »

Summary of FT article By Dave Shellock in London and Michael Mackenzie in New York: March 17 2008 Financial markets were engulfed in fresh turmoil on Monday following the weekend bail-out of Bear Stearns, the US investment bank, and the announcement… more »