Shrinking UK services sector...

December 24, 2011

In the latest round of official figures to be released, Britain’s services sector is shrinking which is giving financial analysts greater fears that the country is quickly heading towards a double d...

Will France be the next cred...

December 17, 2011

Word has been spreading that France could be the next country in the eurozone to experience a credit downgrade by Standard & Poor’s, which could exacerbate the already mounting panic. In fact, i...

Euro crisis heightens with B...

December 16, 2011

The latest country in the eurozone to be downgraded is Belgium which Moody’s has brought down by two notches. Amidst growing pressure to get a grip on the growing debt crisis in the EU, the ratings...

Royal finances hit by auster...

December 05, 2011

Even the Queen has been hit by austerity measures in these difficult times the UK is facing. According to the latest figures released, the Queen’s income is to be ‘frozen’ until at least the yea...