What’s The Truth About Our Economic Prospects?

Lovemoney.com have produced a video featuring the opinions a few respected financial commentators to try to get to the bottom of whether we’re starting to come out of the recession, or whether we’re destined to suffer from it for some time to come. The conclusions they come to make for some sobering viewing, and suggest that the effects of this recession could be felt for several years.

Dunfermline Building Society Bust: Money Safe

Dunfermline Building Society, Scotland’s largest building society, which has been struggling to keep running in the past few weeks, has finally gone bust today.

Although the Dunfermline are yet to update their website with any details of how this will affect its customers, the Government seems to be indicating that savers with up to £50,000 will not lose any of their money.