UK Debt

Young and Successful but Will I Ever Be Able to Afford a Mortgage? Unlikely

Jessica Rose | Posted 15.09.2013 | UK Politics
Jessica Rose

It's currently easier to run a successful business than it is to buy a flat as a young person starting out on the property ladder. A 10% deposit of £20 or £30 grand just isn't realistic for those on average incomes, nationally £26k a year.

'Zombie Firms Will Be Killed Off By Interest Rate Surge'

The Huffington Post UK | Asa Bennett | Posted 15.07.2013 | UK Politics

Many “zombie” businesses are still alive due to the low interest rates at which they can pay off their debt, Business Secretary Vince Cable has wa...

Lean Times

Sadie Brown | Posted 09.09.2013 | UK Lifestyle
Sadie Brown

Earlier today I committed the ultimate beauty regime shame; I shaved my legs. I'm appalled at myself reaching this all time low in the sexy stakes. Waxing is the only way. But as I rinse out the razor in my private shame, I have to face it: I'm in lean times.

Mehdi's Morning Memo: All In This Together? Come Off It

Huffington Post | Mehdi Hasan | Posted 11.07.2013 | UK Politics

The five things you need to know on Thursday 11 July 2013... 1) ALL IN THIS TOGETHER? COME OFF IT Whether or not you agree with the guys and gir...

Can You Live Your Life Without Debt?

Daley James Francis | Posted 03.07.2013 | UK Lifestyle
Daley James Francis

As soon as the country falls into the mess of recession, that's when the prudence comes in, but by then it's too late. We're used to getting what we want when we want it in this country, and we've provided our own undoing as a result by living beyond our means.

The Desperate Customers Struggling With FIVE Payday Loans

Posted 25.06.2013 | UK

Payday loan debts have rocketed by almost 50% in some areas - and thousands of people have taken out five or more at some point. StepChange said th...

Are You Buying Stuff Cecause of Low Self-Esteem?

Vivi Friedgut | Posted 23.08.2013 | UK Lifestyle
Vivi Friedgut

Financial freedom is not a Pollyanna'ish vision of a lifestyle bereft of funds, nor is it the idea that one can easily generate sufficient passive income to fund a desired lifestyle without having to do any actual work. It is the idea that you can live without financial fear, without debt feeding your sleep with nightmare.

Child Refused School Lunch Over Parent's £1.75 Debt

The Huffington Post UK | Posted 12.06.2013 | UK

A furious parent has hauled his two children out of school after dinner ladies refused his son lunch because of a £1.75 debt. Gary Lynn, who also ...

Guatemala's Genocide Conviction Is Historic - But Rios Montt Can't Go Down Alone

Nick Dearden | Posted 16.07.2013 | UK
Nick Dearden

Former Guatemalan military dictator Efrian Rios Montt was found guilty of genocide this week. It's time to go after those who funded him.

When the Sovereign Debt Bubble Bursts, Things Will Get Nasty

Harry Cooper | Posted 08.07.2013 | UK Politics
Harry Cooper

What do Greece and an unemployed homeowner in Arizona have in common? They are both bankrupt with no hope of ever being able to pay back what they owe. As I wrote this, I realised it sounded as though I were making a joke (and a bad one at that). The reality is, unfortunately, not funny in any sense, but actually far more worrying.

Rethinking the UK's Foreign Policy Role

Mike Giles | Posted 06.07.2013 | UK Politics
Mike Giles

Despite the US-led invasion of Afghanistan starting back in October 2001, around 9,000 British soldiers still remain stationed in the country to this day, with a remit of training up local military forces to take over security by the end of 2014.

Mehdi's Morning Memo: Come 2015, It'll Be 'Time For A Change'

Huffington Post | Mehdi Hasan | Posted 30.04.2013 | UK Politics

The ten things you need to know on 30 April 2013... 1) COME 2015, IT'LL BE 'TIME FOR A CHANGE' The right-wing media echo chamber keeps telling u...

Public Sector Borrowing Down £300m

PA | Posted 23.06.2013 | UK Politics

Britain's finances remain under intense pressure after figures today showed annual net borrowing managed only a slight dip to £120.6 billion in the f...

Morrison Slashes 700 Jobs After Osborne's 'Hardworking People' Speech

Huffington Post UK | Felicity Morse | Posted 10.04.2013 | UK

Nearly 700 jobs are at risk at Morrisons, the supermarket where last week George Osborne made a speech in defence of cutting benefits, saying he would...

George Osborne Tells Tory MPs 'No Shock Therapy' For The Economy

The Huffington Post UK | Posted 26.03.2013 | UK Politics

George Osborne has rejected calls from the right-wing of the Conservative Party that he administer "shock therapy" to the economy in order to kickstar...

Americans Are Laughing at Us and Using UK as a Case Study on Why Not to Do Austerity

Brian John Spencer | Posted 21.05.2013 | UK Politics
Brian John Spencer

The George Osborne budget was tepid and utterly uninspiring. To paraphrase Fraser Nelson of the Spectator, the budget was devoid of substance and replete with gestures.

Forever In Your Debt

Tony Schumacher | Posted 06.05.2013 | UK Comedy
Tony Schumacher

I'm not in the habit of quoting Shakespeare to people, I've always had a sneaking suspicion that people who quote Shakespeare are the kind of people w...

A Tale of Two Cities

Robert Mercer-Nairne | Posted 27.04.2013 | UK Politics
Robert Mercer-Nairne

There once were two great cities: Athens and Sparta. The Athenians were the first to achieve impressive wealth and for a generation the Spartans could do no more than look on in envious admiration. What was their secret, the Spartan leaders asked?

The Global Trend You Don't Yet Know About!

Vivi Friedgut | Posted 11.04.2013 | UK Tech
Vivi Friedgut

To paraphrase Plato - austerity is the mother of invention and one invention moving from revolution to movement is the share economy.

Doomsday Stagflation?

Andy Langenkamp | Posted 09.04.2013 | UK Politics
Andy Langenkamp

Doom-mongers believe politicians will choose the easy way out and put pressure on central banks to crank up the printing presses. They often point to the weakness of the international monetary system, because it is based on fiat (soft) money, which is not backed by the value from tangible materials like gold. The pessimists think a monetary system based on fiat money will rarely, if ever, exist for long because hyperinflation is inevitable.

Don't Complain if You Don't Show Up...

Vivi Friedgut | Posted 04.04.2013 | UK Universities & Education
Vivi Friedgut

What we know for sure, what we know for certain, is that destiny is in our hands as never before. We know that if knowledge is power then economic knowledge must be economic power and we are certain that those who raise their knowledge will be at a distinct advantage. Those that don't grab it will only have themselves to blame.

Why Do We Keep Letting Politicians Fudge the Numbers So Badly?

Justin Cash | Posted 28.03.2013 | UK Politics
Justin Cash

In times of crisis, the need for clear information is more important than ever. Crunching the numbers in a transparent way is one of the best methods of public policy formation available to us, and data concerning jobs and growth has informed many reasonable economic arguments in recent years.

Triple Dip? Maybe - Triple Crisis? Definitely

Tony Dolphin | Posted 26.03.2013 | UK Politics
Tony Dolphin

If GDP also shrinks in the first quarter of 2013, then the economy will be back in technical recession - the third recession in the space of five years. However, this still remains speculation. We will not know for sure whether the economy is back in recession for another three months.

#No2FEfees

Toni Pearce | Posted 26.03.2013 | UK Universities & Education
Toni Pearce

Asking adults aged 24 and above to pay to work, through a student loan, risks putting many people off undertaking apprenticeships and contributing towards the development of our skilled workforce. Asking people earning this level of pay to further take out a loan in order to work is simply unacceptable.

Ned Simons

David Cameron Accused Of Misleading Claim That UK's Debt Is Falling

HuffingtonPost.com | Ned Simons | Posted 28.01.2013 | UK Politics

David Cameron has been accused of misleading voters after claiming the government was “paying down Britain’s debt”. During a Conservative Par...