You are probably among those people who have never really thought about what happens to your money if a financial institution (be it your bank, building society, or credit union) goes down, because of how stable it has been.
The truth is, this has happened before. In 2008, Northern Rock
UK unemployment climbed to 5.2% in the three months to December 2025, the highest level in nearly five years.
This rise, beyond a simple percentage, reflects structural shifts, policy effects, age-specific dynamics, and questions about underemployment and future prospects:
* Payroll employment is shrinking.
* Youth unemployment has surged to 16.
You have an idea, a proper business that could genuinely change how something works. You have been building it in your spare time, maybe with a co-founder, maybe alone. You have early customers. A bit of traction. But no real money behind it. You live in Manchester, Leeds, or Newcastle.
You have an idea, a proper business that could genuinely change how something works. You have been building it in your spare time, maybe with a co-founder, maybe alone. You have early customers. A bit of traction. But no real money behind it. You live in Manchester, Leeds, or Newcastle.
You are probably among those people who have never really thought about what happens to your money if a financial institution (be it your bank, building society, or credit union) goes down, because of how stable it has been.
The truth is, this has happened before. In 2008, Northern Rock
UK unemployment climbed to 5.2% in the three months to December 2025, the highest level in nearly five years.
This rise, beyond a simple percentage, reflects structural shifts, policy effects, age-specific dynamics, and questions about underemployment and future prospects:
* Payroll employment is shrinking.
* Youth unemployment has surged to 16.
The Bank of England (BoE) has decided to maintain the interest rate at 5.25% despite inflation reaching its target rate of 2%. This decision was made by a 7–2 majority at the Monetary Policy Committee (MPC) meeting that ended on June 19, 2024. Two members of the committee
