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Entries from March 2008

Pension deficit boomerang just came back

James Stafford - Wednesday 19.03.08, 07:13am

As central banks and regulators make all efforts to curb the immediate impacts of seismic
revaluations of equities, currencies and commodities, let alone restore market confidence, spare a thought for the pensions scheme trustees.
In recent times many have been able to redress deficits or at least been able to see light
at the end of the tunnel [...]

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Tags: Pensions · UK economy

Oil and Gold Rush as Dollar tumbles

James Stafford - Tuesday 18.03.08, 06:33am

Record lows and highs are all over the finance news and as Oil and Gold have rolled past the key psychological barrier of $100/barrel and $1000/ounce you’d be forgiven for wondering why they are still valued in a currency that seems in a death-spiral.
These old favourite commodities are great points of refuge without a doubt [...]

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Tags: Banking · City news · UK economy

CEBR Warns Up To 10,000 Job Cuts In City

John Williams - Monday 17.03.08, 16:37pm

The Centre for Economic Business Research (CEBR) has warned the City to brace itself for up to 10,000 job cuts. The economic think tank that releases economic forecasts twice a year says that a previous prediction three months ago of 6,500 job cuts is likely to increase to something closer to 10,000 when new data [...]

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Tags: City news · UK economy

All quiet on the Easter front?

James Stafford - Saturday 15.03.08, 09:11am

The coming long bank holiday weekend may be slightly quieter than other years as homeowners lay down their power tools and take a financial step backwards before considering the next DIY project.
Irrespective of the recent budget the last six months has been hard on the pocket and big
plans for home improvement have had to join [...]

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Tags: Property Market · UK economy

Poor prospects for property as DIY pension?

James Stafford - Friday 14.03.08, 07:13am

In the UK, after 20 years of pension panic, an increasing chunk of the working population have made the journey from ‘Nanny State’ reliance mentality through the rough seas of the denial phase when ‘it will never happen to me’ and beached safely on the idea that their property will be their pension.
Well done. They [...]

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Tags: Pensions · Property Market · UK economy · UK interst rates · Uncategorized

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