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UK Leading G20 Internet Economy
The internet contributes to 8.3% of the UK economy, a bigger share than for any of the other G20 major countries, a new study suggests. The “internet economy” was worth £121bn in 2010, more than £2,000 per person, researchers at … Continue reading
Posted in Advice, Business, Economy
Tagged E-Commerce, G20, Internet Economy, UK Internet Economy
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UK Faces Biggest Drop In Income
UK consumers face another year of falling disposable incomes as higher fuel and commodity prices push up inflation. The Centre for Economics and Business Research warned on Monday that family incomes face a further squeeze, with the better-off facing the … Continue reading
Posted in Budgeting, Economy, Money, Personal Finance
Tagged inflation, UK economy, uk inflation
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Tesco Planning To Create 20000 Jobs In The UK
LONDON — British supermarket giant Tesco on Monday said it would create 20,000 jobs by 2013, in a move aimed at turning around its fortunes and helping to tackle high youth unemployment. The world’s third-largest retailer after US-based Wal-Mart and … Continue reading
UK Households Find Debts To Be An Increasing Burden
UK households will find it increasingly difficult to service their debts in the coming years, according to a report by debt charity, Consumer Credit Counselling Service (CCCS). According to the charity’s research, an average of more than 23 per cent … Continue reading
Posted in Advice, Debt, Economy, Money, Personal Finance, Saving
Tagged Debts, personal finance, UK economy
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British Gas Offering Customers With £50 Insulation Incentive
British Gas is offering £50 to people who refer the name of a vulnerable homeowner who needs home insulation. The referred homeowner will also receive £50. Both the referrer and the customer do not need to receive their energy from … Continue reading
Posted in Advice, Economy, Money, Personal Finance, Saving
Tagged British Gas, Insulation, Savings
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UK Inflation Rate Expected To Drop
The rate of inflation used by the Government is expected to drop to its lowest level in two years on Tuesday. The consumer price index (CPI) is forecast to have dropped to 3.5% for January, from 4.2% in December, because … Continue reading
Posted in Advice, Economy, Money, Personal Finance
Tagged inflation, inflation rate, UK economy
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UK Energy Companies Give Away Free Gas To Get Customers Back
Britain’s largest energy companies are giving away millions of pounds worth of free gas to disgruntled customers who defect to rivals, prompting experts to question whether the firms’ profit margins are as low as they claim. Rising energy bills have … Continue reading
Posted in Advice, Business, Economy, Money, Personal Finance, Saving
Tagged Energy Bills, Free Gas, UK Energy Companies
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Saving Money On Insurance
Insurance policies are one of the few things we buy in the hope of never having to use – but they’re costing more than ever.The average car insurance policy rose by 15% to £971 last year while home insurance cover … Continue reading
Ordinary Families In The UK To Face Wage Squeeze Until 2020
Low to middle income earners will not see their disposable income approach pre-recession levels until 2020 at best, a report from think-tank the Resolution Foundation has warned. The Squeezed Britain study said households in this bracket, which typically bring in … Continue reading
Posted in Advice, Budgeting, Economy, Money, Personal Finance
Tagged UK economy, UK Recession, Wage Squeeze
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Economic Forecasters: UK Back In Recession
The UK is likely to have already fallen into recession as the eurozone crisis scuppers hopes of imminent recovery, two respected economic forecasters have warned. The Ernst & Young ITEM Club and the Centre for Economics and Business Research (CEBR) … Continue reading
Posted in Economy, Money, Personal Finance, Saving, Stock Market
Tagged Eurozone, UK economy, UK Recession
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