Jan 09 2009
Mortgage payers may be rubbing their hands in glee, but for savers 2009 looks like being a savage denunciation of their thrift. For hard-pressed pensioners, 2009 may see many on the breadline as they are forced to spend their capital rather than live off their interest. (Do you remember interest? No? That was what you [...]
Feb 19 2008
According to the government 2012 will be a year of plenty with the golden shower of the Olympic Games to sustain us; but not everyone is quite so sanguine with fool.co.uk leading the chorus of doomsayers who believe that life could get very hard for people living in the UK.
Lets not discuss the cost of [...]
Feb 16 2008
Bankruptcy statistics always get the interest of the press mainly because they are dramatic. So for example a record number of people petitioned to go bankrupt in 2007! Woooooooooooh! In England and Wales a total of 53,114 people petitioned to bankrupt themselves after being unable to keep up with their debts, [...]
Feb 16 2008
With the savings ratio at an all time low, and more and more people struggling to balance bills at the end of the month, the government is asking what is to be done to improve people’s management of their finances.
Proposals to integrate financial education into secondary schools sounds far too little – a question of [...]