Fewer Brits taking foreign holidays

Because of the tragic state of the economy, polls show that more than a half million Britons are sacrificing foreign holidays in an effort to conserve money. According to statistics, the number of Brits who actually took a foreign holiday was at 13.4 million which is short almost 600,000 from the same three month summer period last year. This is data released by the Office of National Statistics.

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Prime Minister warns of possible eurozone breakup

With conflicts surrounding the eurozone crisis and many wary that the eurozone may split up during the next couple months, Prime Minister David Cameron has recently warned that a very negative outcome would be likely for the UK in such a situation.

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UK Pay Settlements Steady in Private Sector

Although government has reported a freeze in pay settlements in the public sector, the private sector appears to be faring well with settlements at 2.5% for the previous three months ending in July.

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