11 Nov 2012 @ 01:37
Although Britain’s economy rose by 1% during the 3rd quarter of this year, recovery still remains fragile according to the official data released by the Office of the National Statistics (ONS) which showed the manufacturing sector barely growing for 2 months, from August to September. The data came after the release of unofficial surveys which […]
10 Nov 2012 @ 20:36
In a Centre for Economics and Business Research report, it has been predicted that Europe’s largest financial center will axe at least 10,000 jobs next year. This move will definitely be a blow to the economic productivity of the UK; but Asia and the rest of Europe are also expected to follow suit. Since its […]
10 Nov 2012 @ 01:59
If anything single-handedly caused the economic crisis that is now still being witnessed in the world, it would probably be the housing bubble. Britain, like other countries, has witnessed a terribly downward trend in its housing sector, with many people still in desperate need of a place to call home. Cash or credit availability has […]
10 Nov 2012 @ 01:18
Falls in cotton prices are having a considerable number of effects on stock valuations and trades on the UK stock market. Among the most significant of these effects are those that have been witnessed of late with respect to stocks and shares in retail companies such as Kingfisher (
LSE:KGF), Marks & Spencer (
LSE:MKS), and Next […]
09 Nov 2012 @ 02:19
The Centre for Economics and Business Research believes that the economy of United Kingdom will grow more rapidly than other European nations. By 2013, those countries in the euro zone will continue to be in recession with little growth in 2014. Britain is expected to grow 0.8% in 2013 and 1.4% in 2014. On the […]
08 Nov 2012 @ 19:16
Stocks in mining corporations and banks have been going through what can reasonably be likened to a roller coaster ride.In previous months, banking and mining stocks had been experiencing terrible lows on the London Stock exchange trading floors. During those months, miners recorded considerable losses and dragged UK stocks lower into negative territory. These losses […]
08 Nov 2012 @ 03:14
The Treasury is bent to implement its decision not to include companies listed in the Alternative Investment Market (AIM) in the Individual Savings Accounts funding which are tax-efficient. The London Stock Exchange and the Quoted Companies Alliance had been vigorously campaigning against it but to no avail. According to Liberal Democrat Lord Lee, the Treasury’s […]
07 Nov 2012 @ 21:10
Recent speculations that Spain is likely to request for a second bailout package in the near future, as well as heavy concerns shared by investors and experts alike over downgrades in China’s economic data, have led to drops in crude oil futures of late.The price of oil has a huge impact on the economy; and […]
06 Nov 2012 @ 19:10
Due to their highly significant policy implications, election outcomes in major countries do have a great potential to considerably influence world financial policies and machinations, and in turn, global financial and stock markets. The elections held a few months ago in Greece, for instance, contributed immensely towards easing fears harbored by investors and analysts of […]
06 Nov 2012 @ 01:04
In spite of fresh hopes brought on by the newly proposed Euro fund, the International Monetary Fund recently issued a fresh warning about the dangers posed by over-delay, urging Eurozone leaders to act with more urgency in response to the debt crisis in the two most affected countries – Greece and Spain. The IMF pointed […]