House prices have fallen as the fear of recession grips the buyers yet again. Read the exclusive report at Tej Kohli Blog.
If economists are to be believed, the house prices could fall further by 20 percent if confidence fails to recover.
In July the average values dropped by 0.5 percent, cutting down the yearly rate [...]
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According to recent report banks are now facing pressure to increase lending rates. Read the detailed report:
As Business Secretary Vince Cable’s warned banks for not acting in national interest, banks will now [...]
A Tej Kohli report -
Brace yourself to pay higher phone bills as BT has announced to increase call charges by 10% and monthly line rental by 50p effective from October this year.
This means the cost of connecting a call will increase from 9.9p to 10.9p, and daytime rates will go up from 5.9p to 6.4p. [...]
In UK, the state pension age for males will be raised to 66 years as early as 2016 – 10 years earlier than the one planned originally, the UK government is expected to declare today.
A Tej Kohli Business Blog report….
UK government will increase the pension age for men to 66 by 2016, and is also to [...]
The outbreak of volcanic eruption in Europe has lead to severe flight disruptions which is apparently the worst air travel shutdown Europe has seen since the second world war. Tej Kohli posts the detailed report:
It was a short lived joy for Europe Aviation authorities when they began considering to reopen some airspace on Tuesday and [...]
The committee of academic economists that determines the start and ends of US business cycles stopped short of declaring an end to the recession that begin in December 2007. Read the entire story at Tej Kohli Business Blog
Most economists of the National Bureau of Economic Research’s Business Cycle Dating Committee have agreed that the recession [...]