All Entries Tagged With: "Recession"
Bank of England base rate left unchanged at 5 percent
For the fourth month the Bank of England kept the main interest rate unchanged at 5 percent, with souring inflation and house
Economy risks slipping into recession
It’s no secret that we could possibly be slipping into recession, although the Bank of England kept the benchmark interest rate at 5 percent this month, the Banks have all raised their mortgage rates, and make it much
2 percent fall in house prices increase recession worries
House prices in the UK have seen their sharpest annual fall for at least two decades, in June the value of a house fell by at least 2 percent, this downturn in the property market is now spreading fears that the economy could plunge into a recession.
Credit Crunch hitting divorced women hard
As yet we are not in a full blown recession but we have to ride through this current credit crunch, and things seem especially tough on thousands of woman who are now going through the stages of divorce.
As you know it is the property market that has it tough at the moment and that is [...]
Recession Fears: Bank of England facing interest rates decision
Many UK businesses have been showing fresh concerns that the UK could be heading into a recession, the first since the 1990’s. The Bank of England now has a tough choice to make, as inflation still shows no sign of shrinking.
The problem is the Bank of England will need to justify their choice if they [...]