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Christmas 2011 season to leave millions of Brits in debt
Dec. 15 | UK Today News: A recent study has found that 40 percent people in the UK are currently in debt – excluding the student loans and mortgage. This means that Brits will be entering the Christmas period with their stretched finances to begin with, which...
UK budget 2011 attempts to rescue Britain’s unsteady economic growth
Mar. 24 | UK Today News: The UK budget on Wednesday, March 23, 2011, revolved around business competitiveness to recover from its slow economic slowdown. It tried to lure foreign investment with a 2% Corporation Tax Cut and on the domestic front, the budget planned...
UK GDP Economic Growth Unrevised At 1.2% For Q2 – Fastest Pace In 9 Years
Sep. 28 | UK Today News: UK GDP Economic Growth Unrevised At 1.2% For Q2 – Fastest Pace In 9 Years The UK GDP – Gross domestic product – growth has reportedly grown faster in nine years in Q2 of 2010, in addition to the growth in the first...
British Inflation Seen By Bank Well Below The 2 Years Target
Aug. 11 | UK Today News: British Inflation Seen By Bank Well Below The 2 Years Target The Bank of England forecasted on Wednesday that in a span of two years, the British inflation will fall well below its target of 2 percent, at the same interest rate at their...
Royal Bank of Scotland (R.B.S) Experiences First Quarterly Profit For The First Time In Three Years
Aug. 6 | UK Today News: Royal Bank of Scotland (R.B.S) Experiences First Quarterly Profit For The First Time In Three Years The Royal Bank of Scotland (RBS) on Friday reportedly broke the jinx of Quarterly losses and for the first time since 2007, earned its first...
Stress Tests Show An Increase In Banking Shares Across Europe
Jul. 26 | UK Today News: Stress Tests Show An Increase In Banking Shares Across Europe The shares of European Banks have risen on a moderate scale all across Europe, following the stress test event that was conducted last week. The Lloyds Bank, The Royal Bank of...
Stress Test For Banks In Europe Allows Wall Street To Relax
Jul. 24 | UK Today News: Stress Test For Banks In Europe Allows Wall Street to Relax Stress Test For Banks In Europe - There has been acute buy back of stocks, and this time it has happened in European banks. Europe’s regulators had conducted a test on the...
General Motors (GM) To Acquire Finance Company AmeriCredit Corp For $3.5 Billion
Jul. 22 | UK Today News: General Motors (GM) To Acquire Finance Company AmeriCredit Corp For $3.5 Billion American vehicle giant, General Motors (GM), has announced that it will be acquiring finance company AmeriCredit Co-operation, for a whooping $3.5 Billion...
Claims For Jobless Benefits See A Rise In The U.S. Over Last Week
Jul. 22 | UK Today News: Claims For Jobless Benefits See A Rise In The U.S. Over Last Week There has been a sharp rise in claims for jobless benefits as compared to last week, a reflection that the U.S. Labor market is struggling badly to recover from the economic...
