Comparing savings rates
One of the more highlighted features of the financial crisis is that savings rates have plummeted on savings accounts. Anyone who has diligently saved over the past few years now faces being punished by existing low interest rates for savers. However, now that the threat of financial collapse is receding, savers are reportedly worrying less [...]
Adverse economic conditions continue to build up
This spring’s green shoots are being increasing shown to have misplaced optimism, with economic conditions continuing to worsen within the UK – GDP continues to fall, and expectations of a recovery for next year remain muted.
While it’s easy to just look at the UK in isolation, there are a couple of major economic pointers on [...]