Credit Crunch Busters

There’s one thing for sure, owning a car is an increasingly costly business. It’s recently been reported that car incurrence premiums could go up by as much as 20 percent this year thanks to the recession. With the average monthly fuel bill over £100, heavy depreciation and a tax increase on its way, there’s never been a better time to cut your motoring costs. We’ve compiled a list of money saving tips to help you get the most out of your vehicle for less. Continue Reading »

We all like to have a little splurge every now and then, but with the cost of food rising and interest rates getting higher than ever, it means that the majority if us have less money left over to spend on lifes little luxuries. We’ve compiled a list of tips and advice to help you cut costs next time you need to hit the shopping centre. Continue Reading »

Although the government has already given £37bn to the banks to help them in their financial strife, the Bank of England has now warned that more money is needed to keep the nations banks afloat. As well as this it has been suggested that the government needs to make guarantees on inter-bank lending so that money starts flowing again. Continue Reading »

Governments Skills Secretary John Denham, has urged the newly jobless to return to university and learn new skills or retrain in their field. This is because they feel that places such as JobCentres will not be able to find skilled professionals with work as JobCentres are for lower skilled workers. John Denham wants universities to use the money they will gain from the tax cuts to offer MA or MBA qualifications to those who have lost their jobs. Continue Reading »

Mortgage lending has fallen a massive 70% in four weeks, in September lending was at £1.5bn, however, in October it was a mere £459million. This has sparked fears within government that next year lending could in fact turn negative. This is bad news for anyone wanting to move and to sell their homes, with so few loans available, buyers can’t be found even if house prices are slashed. Continue Reading »