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 [...]
Also tagged Arbitrage, Bank Of England, Cost Of Living, Economic Forecast, Economy, Employment, Housing Market, Inflation, 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 [...]
Also tagged Arbitrage, Bank Of England, Cost Of Living, Economic Forecast, Economy, Employment, Housing Market, Inflation, 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 [...]
In light of the falling shares and market downturn, consumers are forced with the reality of tightening their budgets and decreasing spending. Disposable income is becoming less and less available for households. High end stores are among some of the retailers being hit the hardest by this shift in spending habits. Unfortunately, reports indicate that [...]
Also tagged Arbitrage, Bank Of England, Cost Of Living, Economic Forecast, Economy, Employment, Housing Market, Inflation, Mortgages, Oil Prices, Real Estate, Stagflation, UnemploymentFood 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 [...]
Also tagged Arbitrage, Bank Of England, Cost Of Living, Economic Forecast, Economy, Employment, Housing Market, Inflation, Mortgages, Oil Prices, Real Estate, Stagflation, UnemploymentHave you ever thought about how much income you would need to eliminate your financial fears? Beyond winning the lottery, try coming up with a reasonable figure for an annual salary. Well, a recent study did just that and reported the average British family claiming that an annual salary of £64,000 would be sufficient to [...]
Also tagged Arbitrage, Bank Of England, Cost Of Living, Economic Forecast, Economy, Employment, Housing Market, Inflation, Mortgages, Oil Prices, Real Estate, Stagflation, UnemploymentConsumers are feeling the effects of the credit crunch and increasingly turning to credit cards to muddle their way through the resulting financial strain. The figures are disheartening when decreasing salaries are taken into account as consumers will at some point face the reality of thousands in debt to be repaid with less household income. [...]
Also tagged Arbitrage, Bank Of England, Cost Of Living, Economic Forecast, Economy, Employment, Housing Market, Inflation, 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 [...]
Also tagged Arbitrage, Bank Of England, Cost Of Living, Economic Forecast, Economy, Employment, Housing Market, Inflation, Mortgages, Oil Prices, Real Estate, Stagflation, UnemploymentHomeowners are beginning to feel the impact of the financial crunch as they watch their home values steadily decrease. The recent 2pc decrease is disheartening, but the even larger falls prior to this are even more concerning with prices dropping almost 6pc.
The problem is that homeowners have had to stretch their budgets to be in [...]