Here in the U.K. we’re hearing more and more complaints about the high and rising price of petrol, and with the recent rise in oil prices, it’s something that likely to get worse. There’s an interesting page on Wikipedia which shows the relative price of petrol (or gasoline) in countries around the world, and highlights […]
Tag: Economy
BBC Looking For Our Help With Credit Crunch Map
The BBC are looking for help to build up a “mood map” of the effect of the credit crunch around the UK. We’re asking you what single factor is hurting you most about the credit crunch? OK, so it’s totally unscientific, and the categories you can choose from are somewhat limited (in fact it’s difficult […]
Are You Prepared For A Recession?
OK, I’ll admit myself that I hate all of the sensational headlines about house price crashes and recession, but with the economy in a downturn, it’s worth considering what we should do should we go into recession. From a personal point of view, over the last few months we’ve been taking a lot more care […]
Tax Changes: The Aftermath
The tax u-turn made by the Chancellor yesterday caused the expected reaction of both pleasure from those out to receive £120 back from the tax man and outrage from the 150,000 people now expected to slip into the higher rate of tax. Despite the feel good announcements made by the Prime Minister today, focusing on […]
10 Things Falling In Price & What It Means For Inflation
Food prices are rising, as are petrol, gas and electricity. So is there anything (other than houses) that has fallen in price recently? The Times lists 10 inflation busters – items which have fallen in price this year, along with examples of the savings that can be made with each: Mobile Phones: down 51% Digital […]
Budget 2008: Are You Any Better Off?
This year’s budget wasn’t the most exciting, but in the current financial climate, you could hardly expect it to be. With businesses and consumers finding borrowing more and more difficult, as banks reduce their lending following the credit crunch, and as the cost of electricity, gas, petrol and food continue to rise, we’re all finding […]
How Are We Affected By Interest Rate Changes?
Interest rates have been kept at 5.25% for this month, although there are still thoughts that rates will rise again in the next few months. But how do interest rate changes affect the average person? I’ll explain in very simple terms: When rates fall, there is less incentive for people to save their money – […]
This Is Money: Boom Goes On For Brown
The economy is growing at 2.9%, its fastest pace in two years, the latest Government figures show
This Is Money: Tax Burden Risks Harm To Economy
The tax burden risks damaging the economy and extravagant public spending should be reined in, the world’s top economic watchdog warned last night
This Is Money: 30 Second Guide To…PSNB
The Daily Mail’s City team look at the fancy new name for the hole in the UK economy’s accounts.