Britain becomes great again when the sun shines
June 5th, 2009 by admin | Filed under Daily News, Money Management, Recession, Saving, UK Bank Accounts, savings accounts.
With 50% tax bands hanging over their heads, 1% interest being paid on any money that they may be lucky to have left on deposit in the banks in which they may be reluctant shareholders, is it any wonder that the UK public might feel hard done to. Yet we Brits are an uncomplaining lot, and it doesn’t take much to put a smile on our faces.
And just to prove that someone up there likes us, the weather seems to have taken a turn for the better, and cautious forecasts say that the weather in the UK for the summer months will be much warmer than it has been for the last few years.
Last weekend witnessed very pleasant weather throughout the UK and certainly put smiles back on the faces of those who had passed through a particularly cold and wet winter. If the weather holds up to expectations, it means that considerable and much welcome savings will be made in the cost of heating and electricity. And who can blame anyone who goes out and spends the money saved on having a good time. Outdoors.
For many UK citizens who had considered it prudent to do without their foreign holiday this year, the thought of holidaying in the UK has suddenly become much more bearable. The fact that their money is staying in the UK will also mean a major boost for the UK tourist industry and for the economy in general, with signs of a major increase in job vacancies in the service industries showing that they are gearing up to meet the demand. Retail sales in the last few weeks have also been encouraging.
Let’s hope that the weather forecasts don’t let us down and that Britain will enjoy a warm summer and pleasant autumn. We deserve it.


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Tags: British Economy, Credit Crunch, Financial News, Recession, Savings
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