Is the recession finally over?

To many people it may feel as though the UK has been stuck in recession forever, and the recent recession has resulted in many businesses and consumers suffering hugely as a result of job losses, plummeting sales and profits, and financial and economic chaos. Read more

Tags: Economy of the United Kingdom, Late-2000s recession, recessions, Economic history, Macroeconomics, economics

Job loss misery for UK

According to recently released figures the UK has been hardest hit compared to other countries in Europe when it comes to the number of job losses during the first three months of the year. Read more

Tags: Dublin, creation, Macroeconomics, quarterly, job losses, discount, industry

Worst of recession could be over according to economist

One economist, who has recently become a member of the powerful Monetary Policy Committee, stated that the worst of the recession for Britain could be over. Read more

Tags: credit crunch, certain time lag, recession over, Macroeconomics, way, economist, rate

Will the rock bottom base rate help homeowners?

Over the past few months the Bank of England has been taking radical action with regards to the base interest rate. With the economy really suffering and heading for recession, and with consumer confidence at really low levels, the central bank was forced to do something to try and ease the difficulties that both consumers and businesses in the UK were facing. To the relief of many industry groups and consumers the Bank of England has taken unprecedented action recently to try and ease the situation, but this does not guarantee that consumers will actually be any better off. Read more

Tags: consumers, interest rate, bank of england, Mortgages, committee, rapid decline, Macroeconomics, base rate