Would a second round of QE benefit the UK economy?
The Bank of England says that the quantitative easing programme that was rolled out after the credit crunch boosted the UK’s economy by 2%, adding weight to demands for the Bank to print more money.
interest rates
Are UK banks bad news for umbrella company contractors?
Lord Oakeshott, the former Liberal Democrat Treasury spokesman has accused the UK banks of hindering the economic recovery by refusing finance to small enterprises and charging extravagant rates when they do.
UK personal debt is spiralling out of control
UK personal debt has now reached “tipping point” according to a recent report from moneysupermarket.com.
Freelancers need economic stability!
The government needs to concentrate on prioritising economic stability in this month’s budget, according to the Federation of Small Businesses. A call that is also likely to be endorsed by umbrella company contractors.
Interest rates will remain historically low for a bit longer
The Bank of England base rate is to remain at its historically low rate of 0.5%, at least for the immediate future, the Monetary Policy Committee has announced.
Umbrella company contractors must move quickly to get best savings deals
Umbrella company contractors need to move quickly if they want to get the best savings deals, according to moneysupermarket.com.
Should umbrella company contractors be saving or spending?
Last week, the Bank of England controversially hinted that we should be spending rather than saving.
January’s VAT increase may be the first of many
Tim Denison from Synovate believes that the VAT increase which will come into effect next January could be the first of a range of changes.