Economy
Inflation Reaches Record Hig...
Inflation rates in the UK recently jumped to a nearly 2 decade high at 5.2% in September, primarily due to higher energy costs. In addition, the consumer prices index (CPI) is currently higher than it...
BoE Halts an Aspect of Its Q...
In an unexpected and surprising move, the Bank of England (BoE) recently stopped buying bonds that have a 2017 maturity date with a coupon of 8.75pc, after bond dealers rose the price to more than 140...
UK Taxpayers May Need to Hel...
After forecasts issued by the Ernst & Young ITEM club have deemed Britain’s economic situation as “worse than thought,” a €2 trillion bailout is expected to be finalised next week...
The ‘Occupy’ mov...
What started across the Atlantic in the ‘Occupy Wall Street’ protests has quickly spread to other major cities around the globe showing a growing discontent for the way in which government and big...