TalkMoneyBlog provides free financial help and information to all our readers on a regularly bases.

My Money Saving tip today is for Gordon Brown to resign which will save us billions of pounds.
Gordon Brown bedded the bankers and took their advise not to regulate our Banking Industry. Duh!  “It’s like God taking advise from the Devil on how to prevent Evilness!”
Your true legacy is that you are an unelected prime [...]

Does anybody know how to solve the problem?
Billions of pounds have been thrown at our banking industry to save it by the British government, unemployment has risen above two million, saving and mortgage interest rates are at their lowest levels ever, house prices are still tumbling down, inflation is high on food costs at 11.3% [...]

What’s the difference between a recession and a depression?  A recession is when your friend loses his or hers job due to cutbacks at work and a depression is when you lose your job. This recession is a national and a global affair it has no boundaries as it affects the rich, the white collar [...]

Tougher times are expected for small and medium sized business. Business failures are expected to rise by a staggering 50% which means that failed businesses could peak around 32,400 in 2010; this would be the highest level recorded since 1992. The Federation of small businesses said that they had recorded a dramatic increase of 214% [...]

As we near the middle of January 2009 many of us find our New Year’s resolutions slipping away as they always do. For many of us it is just something we do on New Year’s Eve and then hope we remember it on New Year’s Day and then continue it. For many of us it [...]

The new British debate is the Recession
It’s not difficult to get involved with the debate about the credit crunch and the current national and global recession.  Gordon Brown the Prime Minister is the ex-Chancellor of the Exchequer and he is well remembered for his continuous chanting of the word ‘prudent’ whenever he was delivering his [...]

The Northern Rock was granted emergency financial support from the Bank of England on September 2007. Northern Rock under government control then announced in 2007 that they would not remortgage their existing mortgage borrowers to a new remortgage product.  In fact the Northern Rock was informing their mortgage borrowers to remortgage to another mortgage lender [...]

The government this morning announced a £200million mortgage rescue scheme that may help around 6,000 homeowners facing repossession, money saving expert heard today.  This new initiative is aimed at stopping thousands of vulnerable homeowners from losing their homes in England and will start from this Friday.  The scheme is primarily targeted at families [...]

There seems little point in reducing interest rates any further as the interest rate cuts are proving to be ineffective and the Bank of England base rate cuts are proving to be unpopular with savers and borrowers. The pound is falling against the dollar and the euro. Savers are not being rewarded for saving [...]

Latest forecast by the British Chamber of Commerce suggests that unemployment figures could rise to ten percent or around 3.1 million people during this year 2009. According to Credit Action personal debt in Britain today stands at almost £1.456 billion in November and the amount of debt has surged ahead of the country’s gross domestic [...]