Credit Crunch

Cross-Party Economic Duplicity Carries Great Dangers

Alex Rickets | Posted 30.11.2013 | UK Politics
Alex Rickets

George Osborne's speech at the Conservative Party Conference in Manchester dealt with themes we have come to expect from him: an emphasis on fiscal discipline and assurances that he is on the side of aspirational, "hard-working" people the length of the country. There were, however, also features we haven't heard before...

How Can Businesses Weather the Recession Storm?

Billy Sexton | Posted 15.09.2013 | UK Universities & Education
Billy Sexton

Keeping a business afloat in tough economic times can be difficult. Sales may not be looking as prosperous as they once were and things may not look like they will change any time soon. However, there are numerous ways company owners can work to counter the current economic climate, allowing their business to weather the recession storm.

Hester Is Off

PA/The Huffington Post UK | Posted 12.08.2013 | UK

Royal Bank of Scotland chief executive Stephen Hester is to step down from the group later this year. The subject of numerous 'fat cat' headlines, ...

Are 'Greedy Bankers' Really to Blame for Our Financial Problems?

Jack Peters | Posted 06.05.2013 | UK
Jack Peters

If we're going to blame others for the recession then lets not forget the various governments that sold us false dreams, the unscrupulous mortgage lenders, the irresponsible borrowers, the undiscerning ratings agencies, the impotent FSA and even Sarah Beeney.

A Costly Foreign Affair: Divorcees and Falling Overseas Property Prices

Fiona Wood | Posted 06.11.2012 | UK
Fiona Wood

It might sound unromantic but considering what might happen to overseas assets in the event of a break-up and even formalising those plans in something like a post-nup agreement could forestall difficulties between partners - even if it can't ward off a global recession.

Benevolent Fund Closes: Charity Sector Staff Lose safety net

Howard Lake | Posted 30.09.2012 | UK
Howard Lake

Charity might begin at home, but the Charity Employees Benevolent Fund has left the building.

The Ostrich Removes its Head From the Ground - The Bank of International Settlements Admits a Second Credit Crunch is Likely

Peter Morgan | Posted 17.09.2012 | UK
Peter Morgan

We are currently at a crossroads in the economic world. There are two options, either let the economy correct itself and lose billions in property values and business failures. Or continue to stimulate the economy through Quantitative Easing. Both of these options have terrible outcomes.

Trading - The Facts!

Zaheer Anwari | Posted 19.09.2012 | UK
Zaheer Anwari

With the current economical climate in the dire situation that it is in, people are increasingly looking into other avenues to generate an income. This may be to supplement a salary that one is earning which usually barely allows ends to meet, or for the more inventive and entrepreneurial amongst us, to find ways to totally beat the rat race.

Bank Of England Holds Interest Rates At 0.5%

PA | Posted 10.05.2012 | UK

The Bank of England held off from pumping more emergency cash into the economy today amid fears that inflation is not falling back as quickly as expec...

Is RBS Back?

PA | Posted 04.05.2012 | UK

Royal Bank of Scotland boss Stephen Hester today hailed progress in "removing mistakes of the past" as the lender prepares to repay the last of the em...

Families 'Miscalculate' True Cost Of A Holiday

pa | Posted 12.04.2012 | UK

Holidaymakers are seriously miscalculating the true cost of family-of-four trips. An average family getaway costs around £3,700 but some families ...

Simon Heffer: The West Is Losing Its Grip

Notting Hill Editions | Posted 04.04.2012 | UK Politics
Notting Hill Editions

The first step in the defence of democracy must be to recognise that the desire of others to assert their power, for their reasons, is as pervasive as our own. If we use our liberties to allow our own value system to be undermined, then we shall lose them.

Are These The Green Shoots Of Recovery?

PA | Posted 04.04.2012 | UK

Personal insolvencies have dropped to their lowest level since 2008, despite the tough economic conditions, official figures showed today. There we...

What Caused Britain's £1 Trillion Debt Crisis?

PA | Posted 25.03.2012 | UK

The Government's £1 trillion debt mountain is the legacy of nearly a decade of the state living beyond its means and the pain caused by the financial...

'Perfect Storm' Creates Difficult Circumstances For Pensioners

Posted 11.01.2012 | UK

People retiring this year expect to receive some £3,000 a year less than those who retired in 2008, a study has found. The typical retirement inco...

The Reaction to Jay-Z Studies Shows Guardian Readers Aren't as Educated as They Think

Oscar Williams-Grut | Posted 19.02.2012 | UK Universities & Education
Oscar Williams-Grut

Last month Professor Michael Eric Dyson of Georgetown University announced he would be teaching a class entitled "Sociology of Hip Hop" focusing on the life and career of one of the genre's most successful rappers, Jay-Z.

HSBC To Axe Hundreds Of Jobs

PA | Posted 05.12.2011 | UK

Banking giant HSBC is to axe hundreds of jobs in response to a "very challenging" economic environment. The bank, which has been hit by a £10....

Winter Holiday Bookings Down As Travellers Feel The Pinch

PA | Posted 05.12.2011 | UK

Britain's biggest holiday firm TUI Travel has outperformed its rival Thomas Cook but warned winter bookings in the UK had slowed down in the face of w...

Lloyds Bank Considering Witholding Chunk Of £1.45 Million Bonus After £3Bn Blunder

PA | Posted 03.12.2011 | UK

Lloyds Banking Group is considering withholding up to half of the £1.45 million bonus awarded to former chief executive Eric Daniels for his last yea...

Want to Get Your Christmas Shopping Done Without Breaking the Bank This Year?

Liane Dietrich | Posted 28.01.2012 | UK Lifestyle
Liane Dietrich

Having worked in the ecommerce industry for over a decade now, I am constantly surprised by the ingenious ways you can save money, from voucher codes offering percentage savings to using price comparison websites to make sure you're going to the best-value stores on the high street.

Northern Rock Sale To Virgin Money Announced By Government

Huffington Post UK | Posted 16.01.2012 | UK

Northern Rock is to be sold to Virgin Money in a deal worth at least £747 million, the government has announced. The bank was taken into public ow...

Skint in the City: Living the Prada Lifestyle on a Primark Budget

Ashley Lennon | Posted 14.01.2012 | UK Lifestyle
Ashley Lennon

Having spent years living on a titchy salary in some of the world's most expensive places, including Barcelona and St Tropez, I've learned plenty of tips from my continental sisters; such as how to buy Pucci and enjoy supper at the must-go restaurants while living on the slimmest of budgets.

Nothing Has Changed On Wall Street

Felix Riley | Posted 04.01.2012 | UK
Felix Riley

MF Global say they can't account for $600 million plus of client monies. Their position is "it will turn up". I kid you not. In this day and age any financial company anywhere should know its entire at-risk position and the whereabouts of all monies at the press of a button.

Crunch Time for the Art World

Bianca Brigitte Bonomi | Posted 02.01.2012 | UK Entertainment
Bianca Brigitte Bonomi

In an era of global revolution, we'll also ask if art has a duty to be primarily engaged in political change whether or not it is at the top of a buyer's wish list. Most importantly, when faced with the realities of an art world slowly piecing itself back together and an economic climate that promises little immediate relief, the transformative power of creativity is worthy of our discussion.

What Is Credit Easing And Will It Work?

Huffington Post UK | Peter Guest | Posted 04.12.2011 | UK

Chancellor George Osborne’s promise to further help small businesses through a programme of “credit easing”, in another attempt to free up bank ...