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Recession is debt, period

What’s this recession about? In three words – debt, debt and debt. It’s about consumer debt, business debt and government debt. Consumers have had a wake up call and many have changed their lifestyles dramatically to cope. Businesses that were previously...

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Loans, loans, loans

Here’s a gem of a post from “JimTheGeezer” on the BBC website. Sharp. “Double or Quits! Gordon Brown says to Mervyn King, “Could you help me Mervyn? I’m a bit short of money at the moment. I’ve taken on this...

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Small Business Darling

Is Darling living up to his name? In his emergency “mini budget”, The Chancellor, Alistair Darling gave out a few scraps to help small businesses. Firstly, the planned increase in the small companies rate of corporation tax has been deferred,...

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