Full 20% of UK Citizens in Debt for Basic Living Costs
In what comes as a shock to many living today in the United Kingdom, recent research has shown that a full 1 in 5 UK citizens are finding that they ar
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Each Person in UK Over £60,000 In National Debt
Posted on July 19, 2010 by wolfgang
In a stunning new report that has now been released by the Office for National Statistics, the national debt in the United Kingdom has been broken down into the cost per individual in the nation today. It turns out that at the current rate, with £4 trillion owed, each person in the country is carry
UK’s Public Sector Hiding 4 Trillion Pounds of Debt?
Posted on July 16, 2010 by wolfgang
It has come to light that the debt from the public sector in the United Kingdom could be a full £4 trillion higher than previous estimates had set it at. This means that the scale of the challenged faced by today's Government is a great deal larger than many analysts had previously believed. While
Britain’s National Credit Rating Could Be On Way Down
Posted on July 13, 2010 by wolfgang
Things are not looking good in the United Kingdom right now as the big shot has been taken at George Osborne by Standard & Poor's: they are looking to down grade the credit rating of Britain from AAA to a notch below if the Chancellor cannot manage to get the national debt under control somehow. Kno
Bank Continues Shrinking Business Loan Chance
With nearly three years past since the credit crunch that struck the United Kingdom so hard before spreading across the rest of the globe, business an
Shocking 60 Plus Percent of Britons Using 0% Balance Transfer Cards for Purchases
A study has unveiled that 63 percent of consumers in the UK are using credit cards with 0% balance transfers for new spending despite the fact that th
Public Warned Against Inflation as a Means of Escaping Debt
According to recent word from the Bank of England, Britain will not be able to inflate itself out of its sprawling public debt burden. The BoE's deput
Pound Now Rising Hard Against the Euro as Housing Costs Increase
For a year and a half, the British pound has continued to gain against the euro as trading has reached very strong levels. According to recent reports
Speculation Abounds as Pound’s Value Falls
Even after four straight weeks of the pound's value falling against the US dollar, the Bank of England continues to shoo away talk of impending inflat
Global Credit Crisis Still Possible Say Analysts
Those living in the United Kingdom and Europe are well aware that there has been a credit crisis for these countries and that things are looking up af
Oracle of Omaha Wouldn’t Want Job of Fixing British Debt
It appears that debt in the United Kingdom has risen to such a degree that it has attracted the attention of those financial experts overseas. The US
UK Insolvency Figures Not Dropping Any Time Soon
Trouble does not look to be lessening for UK households and businesses any time soon, financial analysts say. Recent studies have shown that insolvenc
Famous Actor Admits to Turning to Individual Involuntary Agreement
If you are one of many UK citizens dealing with debt of all kind and wondering where to turn, then you can take solace in the fact that you are at lea
