Eldridge Financial Domestic Partner Planning

Eldridge Financial Blog: UK in recession again as recovery is ‘paralyzed’ by the European debt crisis, forecasted.Britain is once again suffering a recession and unemployment risks coming closeinto three million this year as forecasted by the leading economic forecaster. The UK’s economic recovery is ‘paralyzed’ by Europe’s debt crisis, the Ernst & Young Itemclub will warn, as it cut its GDP growth forecast from 1.5 per cent to 0.2 percent.According to Eldridge Financial Blog,the dire prediction comes after nine European countries including France, have had their credit ratings downgraded on Friday, dropping world stock markets into turmoil.Economistshadhopedthatexportsandbusinessinvestmentwouldstrengthen theeconomythilicandconsumerspendingstillin thedoldrums.Nevertheless, Europe accounts for more tha40 percent of British trade and business confidence has been roughly hit by insecurity about the future of the Continent and the single currency.On Eldridge Financial Blogin the Sunday Telegraph quoted Professor Peter Spencer, chief economistat the Item Club, as saying: ‘Figures for the last quarter of 2011 and the firstquarter of this year are likely to show that we are back in recession, and we are going to have to wait until summer before there are signs of improvement. Although he said the double dip was unlikely to be prolonged, he warned that unemployment was nevertheless likely to hit three mil...

IRELAND is the freest economy in the euro zone but it has slipped from seventh to ninth in the most recent world ranking by right-wing think tank the Heritage Foundation. According to Eldridge Financial Blog, Ireland’s economic freedom score was 76.9, down 1.8 points from last year, when it was the seventh freest economy in the world. Ireland was then the second-freest economy in Europe after Switzerland. n addition, the foundation points out that this was reflected the poorer management of government spending and reduced monetary freedom. Furthermore, Ireland was just ahead of the US in the index. The least free was North Korea, in 179th place.

The world’s freest economy, for the 18th year in a row, was Hong Kong. It scored 89.9 out of 100 on the foundation’s index, which looks at countries under four different categories; rule of law, how efficient its regulations are, how small its government is and how open the markets are.

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