The wait for the end of the credit crunch has never been any less anticipated. The large companies that have been the bedrock of economies are folding their mats each and every other day as the life line of Credit for these companies is becoming more difficult to access. The reported unemployment rate is increasing [...]
According to the latest stats from the Insolvency Services, more individuals and corporates are seeking insolvency than before. This could mean that the effects of the credit crunch are just beginning to bite and may continue for quite some time as reported by a popular Solicitor in Hampshire.
There has been an increase of 60% [...]
In big economies such as the United States of America where spending was a bottomless pit, people have turned around and are now conscience not only of how they are spending but also what they are spending their money on. Every dollar spent on items such as food, clothing or cars is expected to buy [...]