May 2015 blog posts

Only a one quarter of workers globally have a permanent job

JobsOnly 25% of workers around the world are in a permanent position, according to a new report issued by the International Labour Organization (ILO), which …

Earnings growth in UK picks up as jobless rate falls

Bank notesThe pay of workers in the UK edged up slightly more than was anticipated in Q1 this year, according to a new report released by …

Bank of England scales back growth outlook

Old Fashioned Bank SignThe Bank of England has lowered its forecast relating to economic growth in the UK. This is in line with market predictions that the interest …

Early Easter pushed UK retail spending down in April

stacked coinsRetail spending in the UK fell at its fastest rate in four years during April. This is thought to be largely as a result of …

Regulator criticises Insurance company’s nebulous payment rules

money saving tips for londonersThe FCA (Financial Conduct Authority) has stated that the majority of insurance companies are failing to be clear about the charges involved when paying a …

Aldi slashes prices in strong message to competition

Aldi_Source_TwitterThe German supermarket chain, Aldi, is keen to maintain its credentials as one of the UK’s main discounters. It has, therefore, been cutting prices on …

Bank of England admits embarrassing data error

The Bank of England has held its hands up and revealed that its UK debt sales data has been inaccurate for the last two months.…

April saw significant cooling in UK manufacturing sector

money saving tips for londonersThe results of a survey show that manufacturing growth in the UK tailed off significantly in April. This serves to emphasise the erratic progress of …

Total Global debt up $57 trillion since financial crisis

currency ballAccording to a recent study conducted by The McKinsey and Global Institute, global debt has gone up by $57 trillion since the start of the …

Royal Bank of Scotland posts first quarter loss of £446m

money saving tips for londonersRestructuring and legal expenses have tipped the Royal Bank of Scotland into the red for Q1 2015.

The bank, 80% of which is owned by …

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