Russian Economy Wobbles. Putin Asks For Nationalist Support

During his speech with a backdrop of a destroyer in the Baltic Sea in the town of Baltiysk, Russian President Vladimir Putin invoked national pride and military glory, and had also called for everyone to support the party as they go through tough economic times. With local protests to possibly happen due to the deteriorating […]

The Threats to UK’s Economic Growth

Economic analysts said that UK’s economic growth is progressing, but possible housing bubbles, deficits and unstable manufacturing and industrial growth threaten the progress of UK’s rise from the ashes. The UK is enjoying economic growth, with foreign investors such as Dubai-based DP World, a port operation company, investing £1.5 billion on the transformation of a […]

Boardrooms See Higher Population of Women, But Smaller Executive Roles

Analysts say that some FTSE 100 firms have a large number of women as boardroom members but only a few women in powerful executive positions. The report from Lord Mervyn Davies indicates that 25% of boardroom members are women. However, only 8.6% hold an executive position in all FTSE 100 companies. They praise the increase […]

Analysts Agree That The World’ Seven Year Slump Is the Slowest

According to Hammond Solutions Inc. Chief Executive Officer Bill Hammond “It has become clear that we are really dealing with a different kind of economic recovery than anyone has experienced since World War II.” He has been in a globally-focused business through 37 years and has seen the many changes in the world’s economic cycles. […]

The UK May Face Great Economic Consequences With A Serious Power Disruption

According to a Royal Academy of Engineering report, the UK could face severe economic consequences with a serious power supply disruption. With increasing electricity quality and the absence of blackouts for forty years, UK’s economy is dependent on its electricity. Lifestyles have been fragmented on the fragile foundation of electric grids. CBE FREng of the […]

Changing Global Economy in 15 Years Will Help Achieve Global Economic Prosperity and Lower Emissions

Ahead of a UN Global Summit Meeting of world leaders, the report from the OECD, UN and the IMF, including Lord Stern, revealed that handling climate change and changing the shape of the global economy within 15 years will help advance economies as well. UK Prime Minister David Cameron will be leading the calls to […]

Scotland’s Independence May Mean Trouble for UK

North Ireland is to suffer greatly if Scotland will vote “yes” on the Independence Referendum on September 18 according to economists. Companies have £250 million worth deals with Scotland in the previous year. However, pro-Independence parties said that Scotland’s poor economy, which the “no” campaign compared as lower than Pakistan, is because of its small […]

US Economy Blooms in Summer

According to the US Federal Reserve’s Beige Book Report, the United States economy had improved its economy from winter to summer as all regions of the country were seeing continued expansion. On Wednesday, the Beige Book report, based on economic conditions six weeks before July 7, finds the US economy depressed during the cold, snowy […]

UK Will Enjoy a “Decent But Unspectacular Growth”

According to the EY Item Club, the UK’s economic growth will increase to 2.9% from an earlier prediction 2.7% this year. However, they said that the growth is only decent, but not too groundbreaking. The increase was due to the increase in minimum wages for the first time in six years and the low inflation. […]

Payment Protection Insurance Complaints Continue to Dominate UK Complaints

The Financial Ombudsman Service said that PPI took 4/5 of consumer complaints in the previous year. They estimate they have answered 2.3m inquiries the previous year, equivalent to handling 40,000 complaints a week from January to April 2013. The Financial Ombudsman has 518,778 complaints settled so far this year, which is double the number it […]

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