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Tag Archive 'recession'

The high street: Half price or half empty?

During a week where one of the most prestigious high street outlets shut its doors to shoppers for good, we are not long after greeted with the news that Marks & Spencers have announced to close twenty seven of its nationwide stores.

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V.A.T. Cuts: Your View

How are the V.A.T. cuts affecting the amount of change you are having to carry around with you? Is it a welcome adjustment by the government, or is it weighing your money bag down? We went in search of your opinions on the matter.

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Housing market in e-state?

With the recession seemingly sending the housing market into a decline, Credit Crunch Busters went to investigate why so few people are investing into a new house, by getting a local perspective on the matter.

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Stores were braced, yesterday, for an online shopping frenzy as credit crunch experts predicted a record £13 billion would be spent on internet sales in one day.

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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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