UK News Archive
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Greek Default Burden Shifting to TaxPayers
Posted on April 16, 2012 | No CommentsGreece has officially defaulted, which has helped them reduce their debt-to-GDP ratio. Although Greece’s debt burden has alleviated some of the fears of Greek citizens and global investors, it has... -
Osborne Ready to Make Drastic Cut to Tax Rate of Top Earners
Posted on April 16, 2012 | No CommentsGeorge Osborne feels that the tax rate of top earners needs to be cut. Although his predecessor, Alistair Darling, implemented a 50% tax rate on top earners during his tenure,... -
Housing Plunges 1% After Tax Duty Ends
Posted on April 2, 2012 | No CommentsAlthough professionals in the construction industry were hoping the country would be on its way towards a housing recovery, new data suggests otherwise. The tax duty didn’t do as much... -
Eurozone Economy Growth Unexpectedly Stalls
Posted on March 29, 2012 | No CommentsA number of business surveys conducted throughout the Eurozone have shown that business activity has unexpectedly tapered off. This came as a shock to the global financial community, which was... -
Free Banking Could Create Additional Problems for Mortgagers
Posted on March 29, 2012 | No CommentsMany people are struggling to meet their mortgage obligations. The banking industry understands that the financial problems experienced in 2008 were largely the result of many failings on the part... -
Minimum Wage Figures for Younger Workers to Remain Steady
Posted on March 22, 2012 | No CommentsThe economic crisis continues to be particularly hard on young workers. The government is considering different measures to fix the growing rate of unemployment among citizens in the 16-20 year... -
Investors Spirits Ironically Fade as U.S. Central Banks Give Positive Outlook on Economy
Posted on March 19, 2012 | No CommentsInvestors have been particularly nervous about a number of economic shortcomings over the past few months. The Greek debt crisis and a potential slowdown of the global economy have presented... -
Greece Debt Solutions Fails to Lift Markets
Posted on March 19, 2012 | No CommentsGreece cut the debt to private bondholders last week. This offered some respite for many of the investors who were struggling to look for a solution to the long-term debt... -
Changes to Annuities Could Increase Pensions by 20%
Posted on March 15, 2012 | No CommentsThe Association for British Insurers has recently proposed a number of changes to the way annuity providers would go about paying claims. If these new reforms are implemented, citizens nearing... -
Concerns Over Economic Growth for Young Adults
Posted on March 14, 2012 | No CommentsThe youngest members of the workforce are struggling the hardest in the new economy. The youth unemployment rate is the highest among all age groups in most countries around the...
