University - Student loans (small post)
Actually Actuary
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3y ago
I, like many other teenagers across the country, received my A level results on Thursday 17th August of this year. Despite only receiving my AS results, meaning I will not be going to university until AT LEAST next year; many others received their A2 results, resulting in a place at a chosen university if that was the path they chose. This begs the question - Is the high costs of a university education actually worth paying? This a is a very disputed issue, as some feel that a 'good degree' is priceless; however others have debts rising upwards of £40,000, thus consequently provides another s ..read more
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House prices stalling; mortgages rising
Actually Actuary
by
3y ago
A huge number of homeowners in the UK are set to be hit by flattening house prices and rising mortgage payments, thus putting them at risk of negative equity - which is caused by the market value of a property falling below the outstanding amount of a mortgage secured on it. The stalling market in relation to house prices is likely to be hit even further due to rises in mortgage payments, which is due to a potential rise in interest rates. This has severely affected the housing market, and has made it even more difficult for first-time buyers to secure a mortgage that is fixed and secure. How ..read more
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Challenges facing UK Economy
Actually Actuary
by
3y ago
The Financial Crisis of 2008 had severe detrimental effects on the UK Economy. Since then, the UK has recovered, and the Economy has been ticking along at a reasonable pace; baring a few events which could have disrupted economic progression, for example a coalition government. Despite this relatively stable recovery, the UK has many underlying problems that, if left ignored, could inflict serious damage on the progress that has been made.  One surprising challenge on the UK Economy is actually it's consumers. This is due to the effects that inflation had on the Economy. To put it simply ..read more
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Current state of the UK Economy
Actually Actuary
by
3y ago
The current state of the UK economy can only be described as a constant 'ebb and flow'; as fluctuations in interest rates, profits and the value of the pound etc all contribute to this somewhat everlasting instability. Take profits, for example. After reading an Article produced by 'The Telegraph', they claim that profit warnings have fallen to the lowest level in 7 years, mainly due to British companies and investors fearing the worst, and preparing themselves for a poor year in terms of the economy's performance. However, profits actually performed better than expected, as only 45% profit wa ..read more
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The Religion of Economics
Actually Actuary
by
3y ago
The idea that Economics is turning into a religion is a question that has been thrown about loosely for a number of years now, in particular after the 2008 financial crisis. Take, for example, the UK; in which there are many established churches and religions that hundreds of thousands of people worship regularly. After reading an article produced by 'The Guardian', I found that people follow a more "powerful" religion, with that religion being Economics. This comes as no surprise to me, as many people worship a variety of things, for example celebrities or materialistic goods. However, the i ..read more
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Inflation - FTSE 100
Actually Actuary
by
3y ago
Inflation is one of the biggest threats facing UK investors at the current time. This is primarily due to the fact that inflation has risen from 0.3% to 2.9% in the last year, and is forecasted by Economists to rise even further over the medium term. The rise of inflation rates will have an injurious effect on income returns, since it will mean that a wide range of assets will offer dividend yields which are well below the rate of price increases, for example HSBC. This is why the FTSE 100 is worth investing in, and so provides a worthwhile platform for investors to invest, in particular those ..read more
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Brexit - Implications on young people
Actually Actuary
by
3y ago
Brexit. One of the most talked about topics on the News and the Internet. One of the most controversial topics at the present time. A topic which has the power to shape the future for young people such as myself. After recently investigating the areas which voted 'remain' and 'leave', I found that 55.7% of voters in my country, Northern Ireland, voted to remain. This is contrary to the information I received via word of mouth that the majority of people who are of 'voting age' claimed to have swayed toward leave. The statistics show that people over the age of 45 generally voted to leave, whi ..read more
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