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Archive for September 2017

Businesses Must Have A Brexit Strategy

Businesses must have a Brexit strategy Mid last year the UK took the momentous decision to leave the European Union. Those on the Leave side rejoiced whilst the Remain camp dismayed at the vote, predicting an Armageddon-style doom for the UK economy and a mass flight of businesses from Britain, driven away by what many…

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Why are people in the UK so in debt?

A recent report has revealed that the UK is one of the most indebted countries in the world, with about £25,000 worth of debt for every citizen—or £1.7 trillion overall. This figure was worked out by calculating the UK’s debt-to-GDP ratio, which stands at 89%; a very large percentage that means we share the shame…

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The Recession, ten years on: how are we affected?

The recession, ten years on: how are we affected? The recession began as just another financial crisis on Wall Street. There was an issue with subprime mortgages in America—mortgages given to people who looked to be high-risk lenders, with difficulty maintaining a repayment schedule—which became a bigger and bigger issue as more and more people…

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Do I have to tell my employer that I’m in debt?

Do I have to tell my employer that i'm in debt

Do I have to tell my employer that I’m in debt? There is no hard and strict rule that explicitly details every employee who’s in debt must inform their employer or there would be a queue of people outside of HR’s door after every Christmas. Having said that, there are some professions where debt may…

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