A top economist predicted that UK’s interest rates could remain at historically low levels for several years as the Bank of England gave its strongest hint yet that it would expand its policy of pumping money into the economy.
The pound fell sharply as news reached the City. Sterling lost a cent against the euro, falling from €1.172 to €1.162. It also lost two cents against the dollar at one point, down to less than $1.64, before recovering back to $1.65.
While there may be a slight improvement in the global economy, the figure of unemployment still keeps rising. Recent figures showed unemployment climbed to a new 14-year high of 2.43m in the three months to June. And this figure is expected to climb further as the recession takes its toll, with jobless numbers exceeding 3m next year.
Having an education can become a vital asset to have when the economic takes a turn for the worst.
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As the debts engulfed central buying group Wellpict European, which is a major supplier to Asda, dozens of fruit farmers could see their blueberries and strawberries rot in the punnets.
Administrator BDO Stoy Hayward is expected to be appointed this week after the firm, with a £46m turnover, struggled with debts and an ill-timed foray into commercial property. The collapse has left farmers to fend for themselves.
Everyone in the modern society is looking to make some extra income during their spare time, especially after the recession. How to make money online is one of the most heated topics these days.
I have tried a few different methods to make money when I first started looking online for part-time work, including taking paid surveys and PPC campaigns. There are many websites now offering you various kinds of opportunities to make money online.
For example, http://www.earn2gether.com is one of them. It is a project combining the advantages of online money-making projects with which you may already be familiar, and the power of social networking.
You could give it a try.
There are some mistakes people always make when dealing with credit cards issues. Here are top ten credit card mistakes:
1. Not knowing the exact interest rate of the card.
2. Spending the maximum credit limit.
3. Depending too much on the credit card.
4. Not allowing for mail and processing time.
5. Buying things not needed with credit cards.
6. Reacting to the advertising.
7. Paying only the minimum fees every month.
8. Not reading the fine print.
9. Choosing the wrong credit card.
10. Paying the money late.
If people can avoid the cerdit card mistakes mentioned above, they can probably avoid the unwanted credit card debts.
Not long before, people had to go to the local pharmacist if they needed a medication; and if they didn’t find it there, they had to go around individual pharmacies. Emergence of Online Pharmacy has presented the goodness of favourable online availabilities of medications.
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The Bank of England just released its latest Quarterly Inflation Report. It forecast inflation to stay below the 2% for the next two years and the economy to shrink by around 5.5% at the lowest point in 2009 before beginning the recovery.
The reality of a deep recession and sluggish recovery has dawned upon the MPC, recognizing that insipid growth and downward pressure on prices is the greater concern. Overall, the monetary policy looks set to remain extremely loose for some time.