UK getting more into debt

March 25, 2009 · Filed Under Banks, Consumers, Credit and Debit Cards, Economy · Comment 

Ever since the credit crisis began we have heard the term “Fiscal Aid” this where the government introduce fund into the economy like the funding of the banks and the cut in VAT, these investments are supposed to support the country’s finances.
However, the governor of the Bank of England, Mervyn King has issued a warning [...]

Making global finance work

February 6, 2009 · Filed Under Banks, Business, Debt, Economy · Comment 

There is no doubt that the current financial situation is down to the problems associated with global finance, this is because as banks and institutions grow they take over other companies and so on.
This means that despite taking an established business, the way that the business has been set up with customers, credit and debt [...]