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The majority of the UK’s population look forward to the time when they will be able to give up the daily grind of dragging themselves out of bed on a morning and trudging into work every day just so they can pay their bills by the end of the month and instead, relax into a [...]

Following the onset of the credit crunch last year, many of the high street banks and building societies in the UK have been struggling to maintain sufficient levels of cash to support their liquidity requirements and earlier this year, the Bank of England launched its special liquidity scheme, which was aimed at offering support to [...]

The Governor of the Bank of England, Mervyn King, must be getting quite a headache at the present time due to the state of the economy in the UK.
Inflation has steadily increased over the course of the year, reaching a level of 4.7 per cent in August, forcing the Monetary Policy Committee (MPC) to maintain [...]

The Governor of the Bank of England will have been sat behind his desk this week writing another letter which begins “Hello Darling” as he is required to write to the Chancellor of the Exchequer, Alistair Darling, to explain the reasons why the rate of inflation has risen once again and is still well in [...]

The US banking sector is today still reeling from its latest blow, following the announcement yesterday (15th September) from the investment bank giant, Lehman Brothers, that it was filing for bankruptcy.
This is the latest in a line of American banks which have fallen victim to the global credit crunch and only just over a week [...]

Over the course of the last year, since the beginning of the credit crunch, we have been constantly bombarded with the news that property prices in the UK have fallen on a month by month basis, slowly and inexorably chipping away at the level of equity which British home owners hold in their properties above [...]

We are all aware that the average price of a house in the UK has dropped over the course of the last twelve months and the figures as to exactly how much they have dropped by can vary greatly depending on factors such as, the type of property, which region of the country it is [...]