Inflation rates are continuing to rise across the globe, with the UK arguably leading this trend. More specifically, the UK inflation rate hit 10.7% in November, and while it dipped slightly from a peak of 11.1% in October, it remained considerably higher than the Bank of England’s target of 2%.
This is impacting the cost of energy and food items markedly, creating a cost-of-living crisis as inflation continues to outstrip earnings across multiple industries.
With earnings and savings rates unable to beat inflation in the current economic climate, the question that remains is whether there are any investment vehicles that can overcome the cost-of-living crisis at present?
In this post, we’ll address forex as a potential solution, while considering which other
Articles by William Pilling
How do people prefer to pay online in Switzerland?
October 31, 2022The Internet today offers us a ton of alternatives that make our everyday lives easier. Products can be bought online, services can be booked and paid games can be played, among other things. However, all of this requires secure payment methods that meet the needs of their users. In recent years, the number of financial providers on the Internet has increased significantly. And since the selection is so large, the decision is not that easy. That’s why we took a closer look at which payment methods the Swiss prefer to help us in our choice!
Tried and tested: the credit card
When it comes to online shopping, many Swiss people rely on the tried and tested methods. Payment by credit card is therefore still the most popular payment method among the population. Around