- Post economic questions and comments about key topics during the course
- You could also suggest improvements or additions to the website!
- When you find a useful article, website or resource, share it by posting a Blog here! - Post economic questions and comments about key topics during the course - You could also suggest improvements or additions to the website!
8 Comments
14/10/2014 03:52:47 am
This blog features the Economic issues UK society faces at the prospect of rising interest rates. After record low interest rates of 0.5% for the past 5 years the UK government warns The Bank of England will be rising the base rate. This is because in the Autumn of 2008 a financial crisis put the entire financial system of the world at risk causing a major recession in the UK. In the following 6 months The Monetary Policy Committee cut interest rates from 5% to 0.5%. As the UK government claim the crisis to finally be at it's end the society of the UK face the effects of rising interest rates. No matter what stage of the personal life cycle a person is at they will certainly be affected by the rise in rates.
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Mr Tarn
14/10/2014 06:02:38 am
Superb, insightful comments and analysis!
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Katelyn
14/10/2014 05:20:52 am
In the autumn of 2008 there was a financial crisis that almost wiped out the world's banking system. The UK faced a huge recession, therefore the Bank of England decided to take action and cut the interest rates from 5% to 0.5% in 6 months. After 5 years of rock bottom bast rates, interest rates are now set to rise, having a profound impact on borrowers, savers and business owners.
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Mr Tarn
14/10/2014 06:06:26 am
Wow....hugely impressed by your analysis and diction!
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osman malik
15/2/2015 03:52:17 pm
When will unit 12 globalisation be put on the website??
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Mr Tarn
17/4/2015 11:35:39 pm
The resources are being added every day.
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Sahil Jham
16/5/2015 01:54:02 am
Hello Mr Tarn, can I send you some revision resources? you could add to your website to use!
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