Despite IEA efforts, the pri...

October 27, 2011

Even though the International Energy Agency made an historic effort to reduce the high price of oil, it remains over $100 (USD) per barrel which is quite worrisome to economic forecasters. Added to th...

High street retailers have c...

October 26, 2011

As consumers are spending less high street retailers are cutting staff to the point where 20,000 workers have lost jobs within just the past year. It is reported that many stores are closing, those wo...

Britons saving more in fear...

October 25, 2011

The newest data released by the Office for National Statistics state that Britons are saving more as 7.4% of households report increasing their savings in the second quarter which is up from 5.9% in t...

Pay rises could suffer in li...

October 24, 2011

As of next year employers in the UK will not be allowed to give employees the option to choose between pay rises and pension plans. According to the new rules, businesses will be forced to enrol all s...