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Tag Archive 'government'

It’s coming up to Christmas now and if you weren’t in the festive mood already, then one glance at one of the four major supermarket’s fuel price boards will have you beaming with joy; unless you’re a devoted pedestrian of course.

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V.A.T. - Vaguely Adjusted Tax

As I walk around the supermarkets, I find myself being greeted with an array of obscure pricings, with most items on the shelf coming with price tags exact to the penny. Gone the days of the conventional 1p less the pound prices, at least it seems that way for now.

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Bail out money

The government keeps bailing out the banks, lending them millions at a time; also taking over bad mortgage debt. But where is this money coming from? You would have thought that if the government had all of this money they could have used it before to invest in education or the NHS.

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Banks to defy base rate

News Week: 17th November 2008
Despite many shops experiencing a slump in sales, online retailer ASOS have defied the recession and have reportedly doubled sales, increasing profits by 68% in the past six months. This offers hope to other online retailers, who fear for their economic safety.

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Banks look to beat the base rate

News Week: 10th November 2008
With the banks fearing that interest rates from the Bank of England could be set at 0% resulting in no profit, many high street banks such as Halifax, Britain’s largest mortgage lender, have introduced small print into its loans to allow them to charge up to 3% higher in interest, than [...]

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