Drop In Oil Prices Undermines Gulf Economies Two more Gulf States are taking emergency action to plug budget black holes after close to two years of uncertain oil prices. The government in Qatar is ready to run a budget deficit for at least three years as lower oil and gas prices have seen the country’s … Continue reading Drop In Oil Prices
Five years in to the euro crises since 2009, on the 25th of January, general elections were held in Greece for the Greek parliament. The election results clearly show that Greek voters have rejected tax rises and government spending cuts, imposed by Eurozone and have elected the left-wing Syriza party. The Syriza party has won … Continue reading The Impact of Greek Parliamentary Elections on Europe
Next week the Scottish nation will take to the polls to decide whether to remain part of the UK or go it alone. Although arguments have been made from both sides of the border about who will be better and worse off, the two camps are pretty evenly matched. There are a lot of grey … Continue reading What would be the implications should Scotland vote ‘YES’?
Recently the inflation rate in the United Kingdom has gone up with June seeing an increase in the prices of food and clothes. The consumer price index rose to 1.9% in the month of June from 1.5% in May. The expectation of an increase in the interest rate, following the increase in inflation has also … Continue reading Will Interest Rate Rise? As Inflation Touches Five Months High
Britain ranks lower than the controversial host of the 2022 World Cup in a new index measuring how safe countries are to do business in. Britain is a riskier place for businesses to operate than scandal-hit 2022 Worl Cup host Qatar, according to new research. It also ranks lower than neighbours Ireland and France, … Continue reading ‘UK riskier place to do business than Qatar’
A shortage of homes coming onto the market will lead to house price rises, with values expected to grow for years, according to surveyors. The Royal Institution of Chartered Surveyors (RICS) said that house prices remained on a “firmly upward trend”. Demand from buyers rose, but the number of homes coming onto the market fell … Continue reading House prices rise as supply slows, says RICS