economonkey

Posts Tagged ‘doom

28 Oct, 2008

Your pension is doomed. Sort of.

Posted by: Lance In: News

The Guardian reports on research from Aon Consulting which has found that the value of British workers’ pension pots has dropped by a third over the past year, thanks to the tumbling stock market. In fact, this story is all over the headlines today – which is hardly surprising because it’s a pretty good story [...]

25 Oct, 2008

Worst. Recession. Ever.

Posted by: Lance In: News

And that’s not just us being our usual gloomy selves – Charles Bean, deputy governor of the Bank of England, reckons that we’re now facing the worst financial crisis in human history. Just think about that for a second, possibly the worst financial crisis in human history and it’s not been caused by a world [...]

If you’re waiting for this whole “property market slowdown” thing to blow over so you can sell your house/buy a house/stop lying in bed awake at night worrying about whether you’ll have to spend your retirement eating nothing but Asda own-brand catfood, don’t expect things to improve any time soon. The news just keeps getting [...]


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Economonkey is a blog about the economy, how it works and how it affects all of us. Our aim is to help everybody understand how the economy is run, so that they are better informed about what's happening to their money.

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