John Swinney, the Finance Secretary at the Scottish Government, has welcomed the Bank of England’s decision to cut interest rates by one percentage point from 3 per cent to 2 per cent, the lowest level since 1951. He said that the cut would be good news for home owners and businesses across Scotland. He emphasised [...]
The saddest thing so far to come out of the recession is the news that Woolworths is likely to have to sell off its High Street stores for as little as £1. Once the stalwart of every town centre, the place to get absolutely anything and everything you needed; from tights to tatties, record albums [...]
In these dark days of recession and credit crunching, with mortgages hard to find, credit cards withdrawn, banks refusing to hand over the money -and Christmas only weeks away the time has come for some serious financial magic.
I’ve been doing the ‘robbing Peter to pay Paul’ method for a couple of months; unfortunately I found [...]
Maybe I’m a bit naive but, if we are running out of power, we have a major recession looming and loads of people need jobs, wouldn’t it make sense to throw all these components together and get unemployed people to build new power stations throughout the UK?
If it was good enough for the USA after [...]
