UK Debt

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...

351 Days Until Christmas

Vivi Friedgut | Posted 08.03.2013 | UK Lifestyle
Vivi Friedgut

According to Which magazine, almost 50% of Brits funded Christmas 2012 with credit. Be it a credit card, or payday loans, which almost a million families used, there will be millions of people for whom Christmas 2012 is a 2013 problem.

The Frack Farce

Dr. Nafeez Mosaddeq Ahmed | Posted 13.02.2013 | UK Politics
Dr. Nafeez Mosaddeq Ahmed

The UK government's decision to resume fracking has been welcomed by the oil industry, and widely lambasted by environmental campaigners. But to a large extent the debate about the potential of shale gas in this country has completely missed the point.

Student Killed Himself Amid Worries Over Mounting Debts

The Huffington Post UK | Posted 04.12.2012 | UK

A 23-year-old student took his own life after writing a suicide note on the back of a letter from the bank asking for him to repay his £3,000 overdra...

Surviving Christmas

Esther Williams | Posted 29.01.2013 | UK Lifestyle
Esther Williams

I think it's really important to remember the reason for the season - whether you share the Christian faith or not. At the heart of Christianity are three words: love, peace and forgiveness. My thinking is that over indulging in any of these things is unlikely to result in stress, debt - or indigestion.

When It Comes to Tackling Poverty, One Size Fails All

Ally Paget | Posted 29.01.2013 | UK Politics
Ally Paget

We are making progress in our understanding of poverty, but insisting on a single solution risks everyone falling through the net.

The Vultures vs Argentina: The Debt Case of the Century

Nick Dearden | Posted 26.01.2013 | UK
Nick Dearden

If Argentina decides to carry out its promise not to repay vulture funds, it will come under huge international pressure and economic destabilisation. If we believe that the state's first duty to its citizens' welfare rather than international markets, we must support Argentina in spite of the propaganda.

Pressure Mounts For Curbs On 'Legal Loan Sharks'

The Huffington Post UK | Jessica Elgot | Posted 27.11.2012 | UK

Pressure is mounting on the House of Lords to approve tough new regulations for payday lenders like Wonga, as more than 40,000 people sign a petition ...

The Curious Case of Benjamin Strong

Peter Morgan | Posted 21.01.2013 | UK
Peter Morgan

Benjamin Strong was the first governor of the Federal Reserve from 1914 to 1928. He was also the first economist to use the interest rate to control the aggregate price of goods (the level of inflation), using credit based mechanisms called open market operations as the main tool to achieve his objective.

Jessica Elgot

'I Made £50 Profit From A Payday Loan'

HuffingtonPost.com | Jessica Elgot | Posted 13.11.2012 | UK

Payday loans companies charge high late payment fees, interest rates of around 4000% APR, and can push many people deeper into a spiral of debt which ...

Families Going Without Food To Pay Back Payday Loan Debts

The Huffington Post UK | Jessica Elgot | Posted 13.11.2012 | UK

Thousands of people could be going without food, clothes and heating in order to pay back "payday loans", and the number of people taking on the credi...

Football Must Get its House in Order

David Gold | Posted 31.10.2012 | UK Sport
David Gold

I've never seen a club chairman cry over football, I've never seen a manager do it either. Sure, the odd player has shed tears but I've seen millions of fans with tears streaming down their faces because of their love for their football club and that's why we need governance to protect football from itself.

Is it Time to Manipulate the Debt for the Greater Good?

Jeremy Cook | Posted 22.12.2012 | UK Politics
Jeremy Cook

We got into this mess through financial engineering and manipulation for individual profit. Maybe it's time we considered some more manipulation, this time for the benefit of everyone and not a greedy few.

Better Best Forgotten?

Owen Roberts | Posted 18.12.2012 | UK Lifestyle
Owen Roberts

Your credit report is all about you, not your address, not your family members, not even your pets, just you. If someone who lived at your address before didn't pay their bills this won't turn up on your credit file, it will turn up on theirs. So that's one less thing to worry about.

Swedish Lessons for EU Bank Owners

Dag Detter | Posted 09.12.2012 | UK Politics
Dag Detter

If we are all going to be taking a larger stake in the restructuring of the European banking system, we have to do it right.

Death Shouldn't Mean Debt

Simon Cox | Posted 02.12.2012 | UK Lifestyle
Simon Cox

Although too often an afterthought, end of life costs should form a central part of this planning; a loved one passing away is a difficult enough time as it is, unattended and unexpected financial costs should not add further upset at a time when loved ones are grieving.