Money made simple. You don't need a PhD in economics to take control of your financial future.
A penny sweet no longer costs 1p and a Freddo chocolate bar costs quite a bit more than 10p (the 1994 launch price), sadly. Why? As inflation increases, your money buys you less.
Inflation, which occurs when the price of products and services increases as the purchasing power of currency falls, is a thermometer economists often use to check an economy's temperature ...
Unlike your normal commercial bank, investment banks do not accept deposits for current or savings accounts from us regular folk.
Instead, investment banks specialise in facilitating the purchase and sale of shares and bonds as well as helping companies list on stock markets known as "initial public offerings" ...