Tag Archives: recession

UK GDP slumps 0.7%

July 25, 2023

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  Throw a dart at any European country the a map and you’ll find economic struggle it seems; we’re no different. On Wednesday, the official report from the Office for National Statistics (ONS) will confirm that we’re experiencing the worst double dip recession for 50 years. Not only that, but the figures are worse than [...]

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SME growth looks brighter years from now

February 9, 2024

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Rainbow

  While the present economic and global financial climate may seem bleak time for most, the advice for the moment is to sit tight through the recession because the ‘gray period’ won’t last forever. Don’t fear, SME (Small and Medium Enterprises) growth 20 years from now is looking positive but it won’t be what we [...]

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Financial explanations for dummies

November 22, 2023

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Image of frustrated guy

Are you left short for words when your friends start talking money? Well be silent no more and show off all kinds of knowledge with out exciting guide to finance for those who have better things to do.

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Economic growth up 0.5% - That’s good, right?

November 1, 2023

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Figures out today reveal that British GDP has grown 0.5% in the last three months which is better than most analysts expected. But what does that figure mean exactly?

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Investing in whisky, it’s not as crazy as it sounds

October 21, 2023

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We’re always looking for ways to make an extra buck, if you can be patient, whisky is a pretty safe long-term investment

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Inflation rises to 5.2%

October 18, 2023

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It has just been revealed by the Bank of England that inflation has risen to 5.2% - its highest level in three years. The figure is up from 4.5% in August, and rising energy costs seem to be the main culprit to blame for the hike. These figures are bad news for the British public, [...]

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Shops remain empty on UK high streets

September 8, 2023

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The consequences of the global financial crisis are becoming more visible as an increasing number of vacancies appear on Britain’s high streets. According to new research, in some parts of the UK one shop in every three remains closed. The report from the Local Data Company, surveying 1000 towns and cities, suggests that there is [...]

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40% of households suffer financial slump

August 22, 2023

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40% of households have seen their finances take a dip in the last month, according to financial information company Markit. In a study of 1500 adults, Markit used the Household Finances Index (HFI) to determine the state of the country’s personal finances. They have found that debt levels have gone up in a large proportion [...]

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World markets tank, recession fears return

August 5, 2023

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Image via Images_of_Money

Markets around the world are feeling the hurt as fear pushes investors to bail. Another major recession on the horizon?

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UK economy has grown by only 0.2%

July 26, 2023

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Chancellor George Osborne said the growth was good news (Image Alan Dean)

The Office of National Statistics announced that the UK economy has grown by just 0.2%. The Labour party have put pressure on the government to come up with a “plan B” for the economy and have argued that the coalition’s strategy is obstructing growth

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