The Chancellor of the Exchequer Alistair darling has announced that he has drawn up plans to discourage large businesses from relocating their HQs abroad. The plans include a tax exempt year in 2009 for businesses that have no plans to relocate. This is good news for Britain as it would mean that the jobs stay in the country and so less people are unemployed. Continue Reading »
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Feb 20th, 2009 by Jamie Bradley
House prices may be on the decline, but the number of house repossessions is certainly on the rise with over 40,000 homeowners affected in 2008. Continue Reading »
Tags: bank, building society, debt, housing market, loans, mortgage, recession
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The recession is now into full swing around the globe with no clear indication of when it could end. Considering a lot of people are struggling to cope with keeping their finances in order, the historic market town of Louth in Lincolnshire has shown that small time towns can survive and still continue to have thriving unique businesses. Continue Reading »
Tags: companies, credit crunch, lincolnshire, recession, retailers
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Feb 16th, 2009 by Jamie Bradley
The UK may be suffering from a dose of economic slowdown but for other European countries, their quarterly prescription of domestic GDP is certainly declining at a much more dramatic rate. Continue Reading »
Tags: bank, interest rates, recession, retailers
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Feb 12th, 2009 by kfisher
You’re standing at the checkout inserting your card into the reader. You’re punching in your pin and that’s where it hits you. You press the green ‘enter’ key wondering in disbelief, how did your shopping bill get so expensive? Continue Reading »
Tags: credit card, credit crunch, food, inflation, supermarket
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