The Euro finally rose against the US Dollar shortly after reaching a 16-month low against the Dollar. The markets today eagerly anticipate the meeting between the German Chancellor Angela Merkel and the French President Nicolas Sarkozy during which they will work on the “fiscal compact”. The meeting is to prepare the EU summit scheduled for [...]
Should you choose IVA over bankruptcy Consumer debt is increasing steadily in the U.K as the country attempts to combat ec onomic contraction. The austere fiscal measures implemented by the government have failed to produce any significa nt result till now. A survey by KPMG, a renowned accounting firm, reveals that almost 45,000 people resorted [...]
The United Kingdom’s economy suffered an unexpected .5% contraction in the last quarter of 2010, according to Office for National Statistics (ONS). This is a rather unexpected and surprising development as the financial experts predicted a growth of .2%-.6%. Though the decline has been attributed to hostile weather conditions but the performance of the economy [...]
