Category Archives: Money Crisis

New year, new financial start for Britons?

In an effort to get more saving and spending savvy, Britons are making new year’s resolutions in the hope of turning 2009 into a more financially stable one than this year.

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Is it time you left your high street bank for a credit union?

Cash-strapped Britons who are unable to obtain credit from their high street bank or building society may find it useful to join a credit union. Such organisations can offer lower interest loans and higher performing current accounts and are becoming increasingly popular within the UK.

Is the great British pound set to crumble?

The political debate over the UK economy has been ignited by the shadow chancellor George Osborne’s claims that the sterling is set to collapse if the government keeps borrowing vast amounts. But what will this mean for the country’s taxpayers?

The taxpayer and the pre-Budget report

The pre-Budget report, announced by the chancellor of the Exchequer Alistair Darling, has raised questions about whether the tax hike for the wealthy and the cut in VAT will benefit the average UK taxpayer, or hurt them further down the line.

Top ten tips to fight a credit-crunched Christmas

With December fast approaching and financial anxiety rising, consumers may want to follow these top ten tips that money experts claim will boost the Christmas cash pot.

What would happen if you lost your job?

With the newspapers full of yet another company cutting jobs, Britons may be wondering how they will meet their financial obligations should they face unemployment. Indeed, with credit card debt, mortgage repayments and utility bills all needing to be paid for, people may want to discover what help is at hand should they find themselves out of work.

The lowest interest rate since 1951

The Bank of England’s two per cent interest rate is the lowest it has stood at since 1951, bringing questions to the fore about what this means for people with mortgages, savvy savers and if there is any point if the banks do not pass it on to customers.