The UK has officially entered recession today, following six months of negative economic growth.
Tag Archive 'stock exchange'
Share prices set to hit 13 year low
Posted in News on Oct 27th, 2008
News Week: 27th October 2008
It was another black Monday with lots of bad financial news to start the week. £50bn was wiped off of share prices including Marks and Spencer, Stagecoach, ITV, Prudential and HBOS.
The stock exchange: A simple explaination
Posted in Information on Oct 2nd, 2008
In simple terms the stock exchange is a business market place where public limited companies can sell shares in their business and is essential for the business to grow. Anyone can choose to buy shares.
The credit crunch: An 18 month munch
Posted in News on Sep 22nd, 2008
News Week: 22nd September 2008
The credit crunch has really hit hard these past few weeks; £100 billion has been wiped off from the stock markets and predictions into the economic future seem bleak. Estimations form Britain’s largest mortgage provider, HBOS, are that the credit crunch could last another 18 months.
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