UK economy slides back into recession

By Joe
Economics
On April 25, 2012
No Comments.

The UK economy has returned to recession, after shrinking by 0.2% in the first three months of 2012.

What is a recession?

By Joe
Economics
On April 25, 2012
No Comments.

A recession is defined as when there are 2 consecutive quarters where gross domestic product (GDP) falls. (This fall is

What is GDP?

By Joe
Economics
On April 25, 2012
No Comments.

Gross Domestic Product (GDP) is equal to total spending, plus the value of exports, minus the value of imports. Changes

What are the ISA limits for tax year 2012/13

By Joe
Investments, ISA, Savings
On April 23, 2012
No Comments.

The ISA limit for tax year 2012/13 is £11,280. Up to £5,640 of this limit can be invested in a

When does the 45% tax rate come into effect?

By Joe
Tax
On April 23, 2012
No Comments.

Additional rate tax (for earnings over £150,000) will move from 50% to 45% from April 2013.

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