March 2008 - From the 'papers

Debt Consolidation - Risk of Recession Rising

Fear grew this week that Britain was heading for a recession as a new report by investment bank Lehman Brothers was published. The report suggests the chances of Britain going into recession over the next three years stand at one in three at the current time, due to the global financial turmoil ... More

Credit Cards - Roller Coaster Week for Financial Markets

It has been a hang onto your seatbelts rocky ride through the financial world this week. With inflation up, sterling falling, more energy prices rises, shares up and down like yo-yos, and rumours affecting a major banking group, it is not surprising that the employer’s organisation, the CBI, has ... More

Credit Cards - Don’t Drink or Drive Darling

Chancellor Alistair Darling’s first budget last week is being widely regarded as penalising those who like a drink and who enjoy driving large or fast cars, after he put up both car and drink tax. He increased taxes on drink by 6% and introduced a range of measures designed to steer motorists ... More

Credit Cards - Storm clouds Loom for European Housing Market

A new report issued by the Royal Institution of Chartered Surveyors (Rics) has suggested that the European property boom may be over. Only Cyprus and Poland saw a rise in the growth of property values over 2007, with Ireland suffering the worst falls. According to the author of the report, Michael... More

Credit Cards - Beware! Banks Can Be Bad For Your Health

A new report out by Cambridge University suggests that financial crises in a country can have a serious impact on its population’s health. Events such as the recent Northern Rock funding fiasco could lead to as many as 5,000 extra and fatal heart attacks. Experts examined a range of events ... More

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