Families in UK are being forced to shell out further £1,100 in order to feed their families. This figure represents a sharp increase over the past twelve months in food expenditure for the citizens of the country.
Major staple products sold at biggest supermarkets in UK have raised the prices of these items by 21%. These [...]
The young generation of today is more interesting in spending their incomes rather than saving for their future Women between the age bracket of 25 and 40 are more likely to own items of consumerism rather than posses any form of retirement plan but with economy changing for the worse most of them have been [...]
Tagged Arbitrage, Bank Of England, Cost Of Living, Economic Forecast, Economy, Employment, Housing Market, Inflation, Interest Rates, Mortgages, Oil Prices, Real Estate, Stagflation, UnemploymentWhen compared to the last fourteen years motor insurance premiums are at an all time high and they have doubled the figures of what prevailed earlier. Currently the average annual car insurance premium is £720 which is £20 more than what was charged a year back. When compared with 1994 the average cost of the [...]
Tagged Arbitrage, Bank Of England, Cost Of Living, Economic Forecast, Economy, Employment, Housing Market, Inflation, Interest Rates, Mortgages, Oil Prices, Real Estate, Stagflation, UnemploymentAs per recent statistics fewer people have found place in the gold plated company pension schemes when compared to the last three years. Latest figures from the Office for National Statistics state that the occupational pension scheme member numbers has nosedived from 9.8 million to 8.8 million in the year 2007.
Other statistics reveal that the [...]
Food takeaways are going through a bad phase as people have started to cut down on orders and this was found out by a survey conducted by YouGov on behalf of Sainsbury’s. A survey was prompted after the supermarket chain witnessed a jump in sale of its curry ingredients when compared with the sales of [...]
Tagged Arbitrage, Bank Of England, Cost Of Living, Economic Forecast, Economy, Employment, Housing Market, Inflation, Interest Rates, Mortgages, Oil Prices, Real Estate, Stagflation, UnemploymentThe UK is experiencing job losses which can be termed as the worst in the last sixteen years and all the blame goes to the credit crisis which is looming large over the country. The country has seen a rise in the number of people claiming unemployment benefit which is being regard as one of [...]
Tagged Arbitrage, Bank Of England, Cost Of Living, Economic Forecast, Economy, Employment, Housing Market, Inflation, Interest Rates, Mortgages, Oil Prices, Real Estate, Stagflation, UnemploymentLow confidence in UK banking system coupled with volatility in stock markets has increased the demand for gold coins and bars among private investors which can be termed as the highest in the last twenty five years. The unprecedented rush for gold among investors has seen gold prices cross the mark of $1,000 on several [...]
Tagged Arbitrage, Bank Of England, Cost Of Living, Economic Forecast, Economy, Employment, Housing Market, Inflation, Interest Rates, Mortgages, Oil Prices, Real Estate, Stagflation, UnemploymentA number of people spend their savings in company pension schemes but the results have not been too encouraging either. Year end schemes have fallen by more than ten percent and situation has deteriorated with UK blue chip stock prices falling by one fifth when compared to the previous year.
People who are part of [...]
The current UK property market looks gloomy since as per a latest property market survey, people trying to sell off their homes are being forced to reduce their prices by more than £4,000 of the originally quoted.
If market sentiments are to be believed then the average asking price has nosedived to £235,219 in the months [...]
Financial markets and economy are under intense financial pressure due to economic crisis looming large over UK. The Bank of England seems to be caught in a tizzy between slowing consumer sector and rising inflation. Prices of producers are at an all time high and housing market is experiencing its worse slump in the last [...]
Tagged Arbitrage, Bank Of England, Cost Of Living, Economic Forecast, Economy, Employment, Housing Market, Inflation, Interest Rates, Mortgages, Oil Prices, Real Estate, Stagflation, Unemployment