For years bad credit loans and pay day loans have been given a bad name, but i think that this is all about to change. Many banks at the moment will not release money and this will be going on for some time to come. People with good credit will also struggle to get a loan or...
One of the second biggest casualties of the failing economy was Woolies with only airline company XL being the first to be hit but the recession. It won’t be long now until the failing store faces it’s fate and be shut for good. Around 800 stores are located through the...
created by letsbfrank | 47 wks ago | updated 47 wks ago 61 views | 3 recommendations | 0 comments
The country as it stands is going through one of the toughest times since the 1990s, with the economy shrinking by 0.5% this year alone the first time it’s had a decline since the 90s as well. Unemployment set to rise to 3 million next year and the banks could cut interest...
This year i think it’s pretty much right to say that this country has hit a recession and every one is feeling the strain, with high street stores lowering their prices to all time lows, and stores are being left open through out most of the Christmas period as they have...
Last month Alistair Darling chancellor of the exchequer, announced a massive bail out package the largest in Europe, to save the UK’s struggling economy. Experts say today that the money that has been injected to the economy a cool £20 billion in fact, would have to be...
This year of trading for high street stores has been hit badly by the recession and many stores are planning to stay open all the way up to Christmas in an attempt to get shoppers through their door. A few hundred stores this year will be left open until midnight and many...
created by letsbfrank | 48 wks ago | updated 48 wks ago 96 views | 3 recommendations | 0 comments
The bail out has come, but at what price will the two near from falling companies have to pay? President George Bush said this week that he didn’t want to put in place this bail out as he knew the car companies have been run poorly and squandered money away unnecessarily....
People of the UK have been paying over the odds for fuel for years, when going to the pumps and fill up with unleaded petrol, you stand to pay the government 70% tax on top of that the fuel actually cost to make. With this being a developed country we pay a lot more then they...
The closure of many Post Offices across the UK is causing untold problems, today there are ques coming out of the Offices and on to the street, with so many of the employees at the branches being off work due to flu. It’s a having a massive effect with people trying to...
Since the early part of this year 2008, many could see that we were heading into financial melt down. Many just didn’t know how quickly of how severe that it was going to be. It was so long ago that lending was in abundance and if you ever wanted to get yourself a nice car...
"Gorden Brown today made a speech today at number 10 downing street today to give the country a better out look for the future of Britain and the British economy. Words said to day would be the last comments from number 10’s monthly press conference this year and PM Brown...
created by letsbfrank | 48 wks ago | updated 48 wks ago 49 views | 1 recommendation | 0 comments
Just today in the US, President Bush pushed forward a bail out package to save the US car industry from collapse, and it would appear that this bill will be committed to save them. The same couldn’t be said about the UK car industry with the government taking slow action to...
created by letsbfrank | 48 wks ago | updated 48 wks ago 34 views | 1 recommendation | 0 comments
There is to be an increase in the amount of homes being repossessed next year, even though massive amounts of people being repossessed this year alone. An estimated 65% increase in the amount of people about to lose their homes this estimate was made by the Council of...
created by letsbfrank | 48 wks ago | updated 48 wks ago 58 views | 1 recommendation | 0 comments
On the build up to Christmas many retail outlets are having massive price reductions through out the UK. Some shops are having as mush as 90% on certain objects to get the tills flowing. B&Q one of the largest retailers are having a massive sale right across all of the...
created by letsbfrank | 48 wks ago | updated 48 wks ago 76 views | 1 recommendation | 0 comments
Last week the first initial bail out package for struggling US car companies was set in the region of $14 billion. The bill was never passed and many of the car companies were left scratching their heads, with fears that two of the largest car companies MG, and Chrysler would...
created by letsbfrank | 48 wks ago | updated 48 wks ago 102 views | 1 recommendation | 0 comments