Archive for March, 2012

Vouchers lose validity when a business goes under

Posted in General on Tuesday, March 27th, 2012 at 12:46 by Martyn Shaw.

During difficult economic times, bad news for one group of people can often cascade through the economy to affect many others. Such is the situation when a company goes into administration. The most obvious group affected are the employees who will lose their jobs; their reduced spending power will in turn lower overall demand in the economy, which can set off a chain reaction as additional stores reduce employee hours to compensate for lost sales.

Britons’ debt management practices during austerity

Posted in Banking on Tuesday, March 13th, 2012 at 12:53 by Martyn Shaw.

The challenging economic times have taken their toll on both wages and hours for many families. The extent of the impact may have been underestimated, however; unemployment and inflation figures do not tell the whole story.

Frugal habits for rich and poor alike

Posted in Money Saving on Tuesday, March 6th, 2012 at 15:25 by Jessica Haynes.

A few years ago, a bestselling book entitled The Millionaire Next Door revealed startling information about the attitudes that rich people have towards money. Now, an interview with Jim McCarthy, head of Poundland, reveals that his own attitudes are similar to the ones revealed in the book.