Is cheap credit fuelling our economy?
The financial crisis of 2008 has had wide-ranging and enduring impacts on economies around the world, and the UK is no exception. But one of the biggest legacies of all which it leaves today is that of record-low interest rates, which the Bank of England plunged to new depths shortly after the EU referendum last… (0 comment)

When you’re searching online for a short term loan, it’s safe to say that you’ve probably exhausted all other options. We won’t waste any of your time suggesting that you should try to get money from family or friends. If you had those options, you would have taken them. You probably don’t have family that… (0 comment)

If you need some money in a hurry then it can be very easy to get in to a panic about it. You may think that you will need to just apply to the first lender that you find and hope they get the money to you in time. This may not be the most… (0 comment)

Over half a million people in the UK are now reliant on food banks to survive according to a new report by Church Action on Poverty and Oxfam. Many of the people are reliant on them because of their inability to cope with rising food prices and spiralling energy bills among other things. The most…

The Cooperative Bank is hoping to make steps towards digging itself out of a deep hole by recruiting Niall Booker as its new chief executive. Niall Booker was chief executive of HSBC‘s North American arm of the business but was axed in 2011 as part of the banks restructuring measures. He is expected to join…

Households in the UK should expect more energy price rises in the future according to SSE, who are one of the main Energy providers in the UK. The irony is that SSE has revealed that its profits have rocketed at family’s expense. The energy company’s retail sector profits climbed 28 per cent to £410million partly…

We have all heard the saying “Take care of the pennies and the pounds will take care of themselves”. Poundland are counting on this by dropping prices from their usual 99 pence to 97 pence in 4 stores where rival 99 pence shops have opened. The discount superstore brand has said that it has adopted…

The Co-operative Bank has had its credit rating downgraded by credit ratings agency Moody’s. Moody’s warned that the bank could need external support after it reported that is made losses of £600million during March. The bank is also reeling from a failed deal with Lloyds TSB who was going to sell 632 branches to them.…