Education is a word made more famous by Tony Blair than any other Prime Minister. It now seems that education is the leading sector in this country in terms of finance. A report from the British Council this week shows that the education sector in the UK is worth more to the export economy than the banking world and the automotive in...

A simple glance through a newspaper stand is likely to be greeted with a barrage of confusing financial terms and grandiose numbers. Peppered with jargon such as hedge funds, credit derivatives and sub-prime and complemented by shock titles such as “Stocks lower as jitters continue” (BBC) “Credit Squeeze gives lenders indigestion” (Daily Telegraph) and “Late Sell-Off Hits Wa...

The majority of students at university worry about the debt which accompanies the ubiquitous student loan, with many students facing large debts when they finally graduate. A new report has shown that it is particularly students from Scotland who have been affected - indeed, shocking new figures state that more than £1.8bn is owed by students who studied at Scottish universities. ...

Queues have been forming outside branches of Northern Rock over the past few days as anxious investors lined up to withdraw funds held on deposit and close their accounts. Attempts to reassure the public from Northern Rock’s CEO Adam Applegarth and Chancellor Alistair Darling have evidently fallen on deaf ears. A statement from ...

Northern Rock, the FTSE 100 company and the UK’s fifth biggest mortgage lender, has warned that its profits are likely to be at least £100 million lower than originally forecast. Its shares were trading at around 440p, heading to levels which would put its market valuation at a third of what it was six months ago. The bank would have be...