UK Government Debt Hitting All Time Highs as Public Calls for Debt Management Plan
The International Monetary Fund has come out with new statistics showing that the government debt in the UK is going to hit nearly 70% of its entire e
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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
Consumers Becoming More in Touch with Finances Due to Bank Crisis
Recent surveys have shown that UK consumers are far more connected and educated when it comes to their personal finances, and the major reason has bee
Manchester City’s Debt and Losses Increases to 92.6 Million Pounds
In recent news Sheikh Mansour bin Zayed Al Nahyan has just been forced to convert exactly 305 million pounds into equity from his loans in order to he
You are Not Alone in Debt: UK Economy Dealing with Untamable Debt
Earlier this month Alistair Darling, the Chancellor of the Exchequer in the UK, stated that the entire United Kingdom will be facing incredible, econo
North Wales Plagued by Debt Woes and Recession Troubles
Due to the mounting recession, businesses in North Wales have been shedding jobs at an alarming rate as they try to batten down the hatches and secure
First Decade of Millennium Draws to Close as Boom & Bust Cycles Examined
The growth of the economy during the first ten years of the 2000's has proved rocky indeed not only for the UK, but the entire world. This decade star
UK Citizens Urged to Protect Their Portfolios in 2010
The growing national debt of Britain is causing major concern, both at home and abroad as more experts continue to point out the fact that the governm
Experts Say UK Could Face Tidal Wave of Bankruptcies as Economy Falters
Financial advisors are foretelling of a coming situation where the number of companies closing in on bankruptcies and in need of emergency financing
Chancellor Accused of Hiding £60 Billion in Interest on UK Debt
Standing before the Treasury Select Committee, a cross-party group of UK politicians, Chancellor Alistair Darling was grilled about why he had not pub
