Tag Archives: UK

UK Expatriate News: Bank of England chief Mervyn King: standard of living to plunge at fastest rate since 1920s

Households face the most dramatic squeeze in living standards since the 1920s, the Governor of the Bank of England warned, as he reacted to the shock disclosure that the economy was shrinking again. Families will see their disposable income eaten … Continue reading

Posted in Uncategorized | Tagged , , , ,

Ministers confirm end of default retirement age

The Default Retirement Age (DRA) of 65 is to be phased out between 6 April and 1 October of this year, the government has confirmed. The Department for Business said that as well as benefiting individuals, “the freedom to work … Continue reading

Posted in Uncategorized | Tagged , , , ,

Britain’s poorest families’ standard of living ‘will continue to fall’

About seven million of Britain’s poorest people will see their spending power fall by a tenth over the next decade because the prices of essentials such as food, fuel and clothing are rising much faster than inflation, according to new … Continue reading

Posted in Uncategorized | Tagged , , , ,

Unusual British exports

The traditional red telephone box is fast disappearing from Britain’s streets, but if you’re feeling nostalgic, track down one of the many hundreds sold abroad. This one can be found on Dickenson Bay in Antigua, but others have ended up … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , ,