The rising rate of rent in the UK is forcing many Britons to start making major sacrifices in order to remain in their homes, according to a report from AXA. The lengths that people have gone to range from moving to a smaller or more distant property, selling a car or even stopping private tutoring…

It’s been no surprise that workers in the UK have had their wages cut in real terms since the financial crisis began, but now the Trades Union Congress (TUC) has highlighted the extent of the problem. Releasing a report comparing the UK’s average wage growth to other countries in economic turmoil, the TUC general secretary…

The minutes from the Monetary Policy Committee’s (MPC) latest meeting show that there is a more sizable portion of the committee willing to engage in further quantitative easing (QE) than was expected. The international monetary markets jumped on this news, abandoning the pound in favour of currencies or materials that are considered to be at…

It’s no secret that wages have suffered during the financial crisis. Whether it’s been people taking pay cuts, fewer hours or just the increases in their wage packet not competing with inflation, people have found that they aren’t earning as much. However, what you may not have realised is just how big an effect this…

As the weekends approaching Christmas passed by, there were constant cries from those watching high street revenue that shoppers were simply biding their time and the next weekend was sure to be the one where people finally stormed the shops and began to spend, spend, spend. Now that Christmas Eve is upon us and the…

The recruitment company Manpower have announced that they believe the outlook for the first three months of 2013 will be the best for the jobs market since before the financial crisis hit the world economy. According to their figures, 6% of employers across the UK in a range of sectors are looking to take on…

The chancellor, George Osborne, has made his autumn statement, giving Britain details on what will be happening over the next year and what to expect in the next budget. There are some big announcements that are sure to go down well, but others that might not be received as positively. First off, the personal allowance…

In great news for those looking towards economic growth in the UK, which is nearly everybody in the country, the Office for National Statistics has revised its figures for GDP change in the second quarter up from -0.5% to -0.4%. It still means there was a reduction in the UK’s output during this time, but…

Businesses are complaining that it’s not only a lack of lending from banks that is making them cut spending, but also the “stickiness” of inflation that is hovering over the UK. Even though the CPI index, generally considered to be a good indication of how much the cost of living is increasing by, has dropped…

House prices jumped by 1.3% in August according to a report by Nationwide, which is the largest monthly increase in over two and a half years. It is said that the large rise in house prices is being delivered mainly by manipulating the statistics. The seasonal fluctuations are helping to contribute to the more realistic…