The following ‘infographic’ is designed to look at the current extent of Britain’s debt and the effect that it is likely to have on all of us, highlighting the areas which will be worse off after the government spending cuts.
The information is supplied by money.co.uk and clearly illustrates how the rich and poor divide in [...]

UK Finance News
Entries Tagged as 'UK economy'
How UK debt affects us all
John Williams - Monday 13.12.10, 12:25pm
Tags: Budget News · Corporation tax · Debt Consolidation · Finance News · Personal Finance · Public Sector · Savings · UK economy
Over half UK young adults are ‘creditaholics’
John Williams - Monday 29.11.10, 14:40pm
Research published on behalf of CreditExpert from Experian suggests that over half of young people between the ages of 18 and 34 years old would describe there spending as ’spontaneous’, while over a third admit to using their credit card as a buffer, before pay day.
In keeping with the results over a third (34%) of [...]
Tags: Credit Cards · Personal Finance · UK economy
UK Growth At 0.8% in Third Quarter
John Williams - Friday 26.11.10, 13:57pm
The official figures have confirmed that the UK economic growth has fallen to 0.8% between July and September, 2010, which is viewed as a significant slowdown when compared with the 1.2% growth rate of the preceding quarter.
While the export of goods and services has increased by 2.2%, imports have risen only by 0.7%, the Office [...]
Tags: Finance News · UK economy
Digging a hole for ourselves in financial crisis
John Williams - Tuesday 23.11.10, 15:12pm
With our own country preparing to extend the misery that the financial crisis and decades of bad government decisions has brought upon us, the news that the UK will help bail out Ireland is to put it politely, not very welcome.
As Professor Philip Booth of the Institute of Economic Affairs has already made the following [...]
Tags: Banking · Europe · UK economy · World Economy
The UK love affair with credit cards and loans
John Williams - Thursday 18.11.10, 15:54pm
The infographic above is supplied by Wonga and demonstrates how wiespread the credit card disease is in the UK.
Tags: Credit Cards · UK economy







