The official economic figures from the Office for National Statistics for the first quarter of 2013 are in and they were exactly as expected when estimated last month – a growth of 0.3%. This has meant that the UK has avoided the dreaded triple-dip recession that we all feared. But we are not exactly out…
Worrying news from China on Wednesday suggesting a slowdown in manufacturing has already made a worldwide impact on stocks and shares worldwide. London, Frankfurt and Paris all closed down 2% and in Asia, Japan closed down 7% having slipped to a low of 10% at one point. The Chinese slowdown is compounded by fears on…
In Sir Mervyn King’s final quarterly inflation report as the governor of the Bank of England, he has predicted modest economic growth for the remainder of 2013 and also a fall in inflation. The rise in growth for the second quarter of 2013 is likely to be 0.5%, which will add to the 0.3% growth…
The current economic climate presents challenges to businesses of all sizes. The effects of the recession have been widely felt, and in many cases, small businesses have suffered the heaviest impact. The economic downturn has seen a reduction in consumer spending, and in turn businesses are often hampered by limitations on their own resources. Seeking…
A cash mob is an event typically organized by a resident of a local area which encourages a group of people to get together and spend a specific amount of money at a local business. Cash mobs help support local businesses and also give the local economy a boost. If organized properly, they are also…
