Greece once again close to d...

March 07, 2012

It appears as though once again Greece is on the precipice of defaulting on international loans as less than half of the country’s creditors voted in favour of a £172 billion bond swap. Along with...

Sunderland Nissan factory to...

March 06, 2012

Many regions of the UK have been hard hit by spending cuts and the recession, but one of the areas that has seen the worst damage to the economy is the region around Sunderland. With the latest announ...

Fewer SMEs seeking loans for...

March 05, 2012

A recent survey of businesses with a staff numbering up to 250 employees has shown that UK firms are becoming more self-reliant when expanding and have refrained from applying for loans from British b...

Mortgage rates on the rise...

March 04, 2012

On top of already declining numbers of home sales, two of the UK’s leading mortgage lenders are announcing a rise in the cap on their Standard Variable Rates which may make homeownership even more p...