Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

Two-third of British salary class facing pay freeze

By DavidVila Subscribe to RSS | January 20th 2012 | Views:
loading
 
  



The economy of Britain is facing a lot of trouble due to the problem of inflation. The people who are from the working class are facing problem even in making both their ends meet. The government must do something about it. There has been a rise in the problematic situation of inflation in the country because of which many of the workers of Britain have suffered a lot of loss as they have not proper salary from the past three years. It is being estimated the almost every two out of three workers have suffered due to this kind of a trouble while the other have not got a hike in their salaries from the year 2009. The main reason behind this is being considered, inflation which is any time a curse for an economy.

According to what is been thought just one person out of the three is expecting that his would get a salary hike in the coming months. In addition to this, the hike that are going to get is going to be much, and on an average it is just going to be 2.1 percent that is quite less than what the current rate of inflation is going on these days, which is a very bad sign for people as their salary remain stagnate and prices of other things go up.

In a research conducted by it, the service of price comparison, uSwitch made a revelation that in today's times around three quarter of people are under a lot of stress due to the cost of living that is rising on consistent bases. To add to this trouble, the freeze of the pays is making a lot of minds think about it continuously. There are a lot of people from amongst this group who are under as lot of debts already and no solution seems to be coming in relation to it in the near future. They are seeing no ray of hope. In order to meet your end needs apply for no guarantor loans @ http://www.noguarantorloan.co.uk/ and get easy funds without any hassle.

According to his report, on the people on which it was conducted, almost of the people from the respondents that had revealed that they would be forced to cut down their spending capacity quite a lot. On the other hand, many other said that to fund themselves in a better way they are either going to search another job for themselves or they are going to make an increase in their hours of working, which could be the solution for time being.

To add to this very problem-laden scene, the people suffering from it are still not getting respite from the situation of inflation. The fares of rail have shown a rise by 11 percent and in addition to this the bills of energy also went on a high by almost 21 percent from the past 12 months. The government must do something to find the solution of this trouble at the earliest with their best efforts.

DavidVila - About Author:
David Vila is expert financial advisor. He provides his best views on finance. He writes articles on no guarantor loans @ http://www.noguarantorloan.co.uk/, non guarantor loans @ http://www.noguarantorloan.co.uk/non-guarantor-loans.html and payday loans no guarantor @ http://www.noguarantorloan.co.uk/payday-loans-no-guarantor.html.

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:
http://www.articleside.com/loans-articles/two-third-of-british-salary-class-facing-pay-freeze.htm

Related Loans Articles Subscribe to RSS

Avail finance online and help yourself to overcome the economic disaster
Published by John Martin on December 16th 2011 | Loans
Apply for finance online and save your precious time and get funds in hassle free manner at the comf...
 
Apply for finance and meet your financial problems with ease
Published by King Loothar on December 15th 2011 | Loans
When people are in financial crunch then only way out for them is borrow funds from financer. And re...
 
Personal finance can be fun - Saving money in this tight economy
Published by Sandra Parker on January 23rd 2012 | Finance
In a tight economy it can become hard for you to save money. But, in actuality if you give importanc...
 
Any creditor can apply for finance aid in very easy manner
Published by Sam Hopkins on December 10th 2011 | Loans
You are in dire need of finance, but not able to get it because of mistakes you have done in past re...
 
Funds for the fulfillment of short-timed needs despite your worst finance history
Published by Sandra Jeux on December 14th 2011 | Loans
Emergency expenses arises suddenly without any notice and in order to meet them a person goes for fi...
 
Text Loans - Now you can get easy finance online via message
Published by Jack Cook on March 22nd 2012 | Loans
There is lot of sources to avail cash in the market but the simplest is the finance you get by sendi...
 
Cash till payday- Valuable money before next month salary
Published by Abell Bush on May 24th 2012 | Loans
If you are taking instant cash through cash till payday loan, you have the right option to fight aga...
 
Cheapest Cash Advance Loans – finance help with cheap interest rates
Published by Angelina Jolie on May 25th 2012 | Loans
Cheapest Cash Advance Loans are on the market particularly for the people that face monetary crisis ...
 
Meet all needs through quick finance available online
Published by DavidVila on January 3rd 2012 | Loans
People who are deprived of finance due to some reasons can cheer now and apply for funds through bes...
 
Getting your business the finance it needs
Published by Mathias Scott on March 7th 2012 | Loans
Numerous businesses are having a tough time receiving funding. The recent recession was no help eith...
 
Get easy finance for your new business venture
Published by Macrobusinesscapital@gmail.com on January 21st 2012 | Finance
Do you want to start your own business, which requires funds but don't have idea on how to arrange t...
 
Secured loans against logbook: smart way of obtaining finance!
Published by Scarlette Riley on February 8th 2012 | Loans
Secured loans against logbook are mainly designed for borrowers, having a vehicle’s logbook on the...
 
Credit-ratings are becoming the biggest hurdles in getting finance
Published by Kevin Cook on December 27th 2011 | Loans
The main hurdle in securing a loan today is a borrower’s credit-ratings which may be high or low w...
 
No Credit Check Loans- Raise finance immediately without credit check
Published by Serjeant Doherty on March 20th 2012 | Loans
No credit check loans are boon for those who are suffering from multiple bad credit problems. With t...
 
Personal loans instant decision- Get quick finance for meeting cash hurdles
Published by Dervin Elbert on July 10th 2012 | Loans
Personal loans instant decision is termed as the best fiscal support for UK residents who are in nee...
 
Fly the tension and worries easy online finance
Published by Sandra Jeux on February 20th 2012 | Loans
Most of the people are deprived of finance because of negative credit ratings but now many financers...
 
Debtor finance – general considerations
Published by Adair Sawyer on May 11th 2012 | Finance
Many companies find themselves in the impossibility of further developing their business because the...
 
Bad credit payday loans: Get a good finance for your business.
Published by Alexander Thomas on November 26th 2011 | Loans
These finances are for the people who want fast and easy cash facility. Business person can easily a...
 
Cash Loans No Credit Check Canada: Alleviation of finance crisis
Published by Lily Jacobs on March 12th 2012 | Finance
Cash loans no credit check Canada are an ideal option available to the salaried people of Canada to ...
 
1000 Pound Bad Credit Payday Loans – provide simple way for get the finance
Published by Thom Lee on May 29th 2012 | Loans
1000 Pound Bad Credit Payday Loans are those that are offered to folks that have adverse credit hist...