Is the UK on the brink of recession?
June 25, 2008
According to a recent report economic optimism in the UK has dropped to its lowest level in a quarter of a century, with a number of factors all pointing to the increasing risks of recession. Many are wondering whether the UK is heading the same way as the United States in terms of the economic downturn, and the matter has been made worse by the fact that for the past couple of months interest rates have been left on hold at 5% whilst borrowing costs, in many cases, have continued to rise. [Read more]
Trying to save debt by cutting back on the cost of fuel?
June 19, 2008
With so many different living cost and bill increases over recent months many households in the UK are struggling to keep on top of their finances, and are teetering on the financial edge. In addition to the tight credit conditions in place resulting from the global credit crunch, we have seen the cost of energy, water, and food rocket. However, one of the most significant increases has been in the cost of something that many of us rely on to go about our daily business – fuel. [Read more]