Debt-ridden young adults face years of money woes. But a new movement hopes to help them.
Debt woes are rising as heating bills soar. The energy firms must do more to help.
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, [...]
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?
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?
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.
Children need to understand the value of money, where it comes from and where it goes when they have spent it.
Angela Merkel has often made a point of accentuating her love for the beautiful game.
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.
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.
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