Recession turns to repossession for thousands of homeowners
Posted in News on Feb 20th, 2009
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.
Tag Archive 'bank'
Germany heads Eurozone recession
Posted in News on Feb 16th, 2009
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.
Bonuses for teachers at bad schools
Posted in Blog on Feb 10th, 2009
Under new proposals from Gordon Brown, teachers could be offered as much as £10,000 for working in a underachieving school for 3 years. This comes during a time when banks are being criticised for paying out huge bonuses to employees in the financial world.
Bailed-out banks pay out billions in bonuses
Posted in Blog on Feb 8th, 2009
Over £4 billion of taxpayers’ money is set to be reinvested by the banks, but probably not in a way that you would expect or hope, especially considering the current financial climate.
Interest-ing new rates for borrowers
Posted in News on Feb 5th, 2009
Positive news for UK borrowers this morning as the Bank of England has cut interest rates to a record low 1%, as they look to boost the country’s economy.
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