Debt
Helping youngsters to gain financial skills will help us all
Debt-ridden young adults face years of money woes. But a new movement hopes to help them.
By Simon Read | The Money Blog | Wednesday, 24 April 2013 at 8:19 am
Why are five million households now in debt to their energy supplier?
Debt woes are rising as heating bills soar. The energy firms must do more to help.
By Simon Read | The Money Blog | Tuesday, 9 April 2013 at 10:22 am
“Mistakes Were Made”
George Osborne on ITV1 Daybreak on the morning after the Budget said he “wanted to be straight with the nation about the problems we face”. Good idea.
He went on: “We have made a lot of mistakes as a country, over many years, building up these debts.” How graciously bipartisan, accepting that these were national mistakes, [...]
By John Rentoul | Eagle Eye | Saturday, 23 March 2013 at 11:00 am
Why exactly is it so expensive for us to own a home?
An average three-bed house cost £2,000 in 1952. In 2012 it costs £162,000. That’s an inflation of 8,000%. Have you ever wondered – I mean really wondered – why this is the case?
By Lee Williams | Econoblog, Notebook, Opinion | Tuesday, 28 August 2012 at 10:00 am
What the Office for Budget Responsibility didn’t say
George Osborne is attempting to slash a £130bn deficit over 7 years. The OBR says we have, on top of this, to cut £17bn over 50 years. Are we going to swallow the camel and strain on the gnat?
By Ben Chu | Eagle Eye, Econoblog | Monday, 16 July 2012 at 2:35 pm
Britain and banking: Back to the 1830s
Unparalleled levels of imprudent lending; corrupt banking practices; soaring inflation and rising unemployment; government bank bailouts and an economy dependent on increasing levels of debt to sustain growth. Sound familiar? It would have done to Briton’s in the 1830s.
By Lee Williams | Econoblog, Notebook, Opinion | Thursday, 12 July 2012 at 9:58 am
Pocket money: Our children don’t have to follow in our credit crunched footsteps
Children need to understand the value of money, where it comes from and where it goes when they have spent it.
By Dr. James Lane | Notebook | Thursday, 28 June 2012 at 12:00 am
Do not underestimate the potential impact of the ‘Debt Derby’ between Germany and Greece
Angela Merkel has often made a point of accentuating her love for the beautiful game.
By Kit Holden | Football, Sport | Thursday, 21 June 2012 at 4:00 am
The Tory Chancellor who made the right call on the deficit
Two years ago, the coalition set out its programme for government. Today, the Prime Minister and Deputy Prime Minister reaffirm their commitment to the central element of that programme – cutting the deficit quickly. This is despite the dismal results this strategy has delivered, despite the fact that even the IMF is arguing that there are more sensible alternatives, and despite the growing realisation in the eurozone that austerity is a dead end.
By Jonathan Portes | Eagle Eye, Econoblog | Tuesday, 8 May 2012 at 10:46 am
George Osborne lines up with the banking lobby
Paul Volcker thinks the argument that forbidding US banks from trading British or other nations’ sovereign debt will harm those economies is bunkum. Well it’s bunkum that our Chancellor has bought.
By Ben Chu | Eagle Eye, Econoblog | Thursday, 23 February 2012 at 11:22 am
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