Electric cars are becoming more and more common on UK roads. It’s no longer odd to see a car drive past without making so much as a whisper, and with electric car technology becoming better by the day, we should expect this to become the norm. The UK government has already realized the need to…
Finance
Saving up to fly the nest
For a student leaving university, one of the main considerations is where they want to live. Going back home to Mum and Dad can be a daunting prospect, having just enjoyed three years of total freedom and independence. But increasingly this is becoming the most realistic solution for many young people. Renting property makes it…
Finance
Brexit spells trouble for graduates
If you are anything like me, you are probably sick of Brexit. For two years now it has been in every news bulletin and headline, spreading fear and concern among many in the UK. One group of people who should be particularly concerned about the deal that the UK strikes with Brussels is students. It…
Finance
The Finance Roundup
UK borrowing falls to lowest level in 11 years It is good news for the UK economy. Government borrowing has fallen by £3.5bn in the past year, making last year the lowest year of borrowing for 11 years. It means that the budget deficit is being reduced at a faster rate than expected. Public debt,…
Finance
The Finance Roundup
Tesco continues profits turnaround New Tesco boss, Dave Lewis, has overseen the revival of the popular supermarket chain’s profits over the past two years. Previously having suffered blows from an accounting scandal, the retailer managed to make pre-tax profits of £1.3bn last year. Shares have risen by around six percent, meaning the company is now…
Finance
KFC’s flip-flop on suppliers
It’s been a nightmare few weeks for the popular chicken fast food restaurant KFC. After switching suppliers for their chicken, from Bidvest to DHL, there were complications at one of the warehouses they use to store their chicken. Mass queues of lorries, full of chicken, formed at the warehouse, which is located near Rugby. The…
Finance
The finance round-up
Co-Op to be investigated Co-Op will be investigated for its treatment of its suppliers, following accusations from the Groceries Code Adjudicator that it had fallen short of industry standards. The Co-Op has already paid around 110 suppliers a total of £500,000 to try and make amends. It has been accused of charging suppliers for product…
Finance
Unconditional offers under review
You may remember your final year of school, the stress and worry that can be caused by waiting for university offers. Thousands of students every year are faced with an excruciating wait while universities consider applications for places, but the type of offers that universities make looks like it’s changing. An unconditional offer for a university place…
Finance
The Finance Roundup
Interest rates set to rise The Bank of England has hinted that a rise in the interest rates could happen sooner than expected. Currently sitting at 0.5 percent, some economists are predicting a rise could come as soon as May this year. This would mean the cost of borrowing money will rise, and people will…
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