Business Group Predicts Economic Growth
The UK’s economy will return to growth in the second half of this year, a leading business lobbying organisation has said. The reassurance has come from the CBI, which has also predicted that the speed of economic growth in the UK will increase next year. It is a positive prediction, which flies in the face […]
Bank Warns Of Long Recovery For UK Economy
As the UK sank back into recession in the first quarter of this year, a leading bank has warned of a long road to economic recovery. Lloyds Banking Group has said that the UK economy faces a number of challenges ahead, and faces a “long and difficult” recovery period. The warning comes as Lloyds sets […]
Visa To Launch New Digital Payment Service
Visa is to launch a new digital payment service that incorporates all types of digital payment methods in one virtual wallet, the payment company has announced. The new payment method from Visa is called V.me, and is effectively a digital wallet that allows users to make payments on their laptop or mobile device. Visa will […]
Further UK Economic Woe Predicted
The British economy faces several years of financial hardship with banks and insurers likely to suffer most in 2012, a report has suggested. The UK was plunged back into recession last week, and a report by the Ernst & Young Item Club has predicted that insolvencies will go up to levels not seen since the […]