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Tag Archive 'unemployment'

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.

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Friday 23rd January 2009. The day the British economy finally entered recession following a lengthy period of the credit crunch sinking its teeth into the economy.

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UK enters recession

The UK has officially entered recession today, following six months of negative economic growth.

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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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The recession has caused disappointment for all of us and personally I was very disheartened when Woolworths closed down. The one shop that had been sat happily in town all my life was showing off red and yellow ‘clearance’ signs in its windows.

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