A surge in confidence amongst businesses could signal that the UK’s debt problems are at an end, according to research. A study by the Institute of Chartered Accountants in England and Wales (ICAEW), found that optimism among professionals soared in the third quarter, to the highest levels in two years when the financial crisis began. [...]
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Tag Archive: recession
Debt Management worries as recession drags on
The National Institute of Economic and Social Research, NIESR, has predicted that the recession will continue for a while yet, and that it may take as much as five years before we see the standard of living return to the level that it was in early 2008. The news from the leading think-tank caused concern [...]
Debt Management required as jobless numbers rise
According to figures from the ONS, the Office for National Statistics, the number of people unemployed in the UK rose to 2.261m in the period February to April this year. This is the highest it has been since November 1996. The rise sparked fears that more consumers could be forced into financial difficulty, and may [...]
Deflationary debt problems nearer
Deflation fears were increased today after the underlying inflation rate fell to its lowest recorded level, bringing fears that debt problems may take longer to clear. According to data from the Office for National Statistics (ONS), inflation as measured by the consumer price index (CPI) fell by 0.4 per cent to 1.8 per cent in [...]
Men worrying about recession and debt problems
Men are failing to cope with worries about the recession and debt problems according to the mental health charity, Mind. The survey showed that almost 40 per cent of men admit to feeling low because of pressure from work, regarding job security and money troubles, playing on their minds. Their results also suggested that women [...]