Step down savings stories… the undisputed star of the weekend’s money sections this week is Wednesday’s Comprehensive Spending Review. Increasing the number of regulatory articles five-fold since last weekend, MRM found the CSR made up 19% of the money section’s musings.
From Mark Atherton’s rundown of the review’s winners and losers to Andrew Ellson’s (@andrewellson) take on Osborne’s ‘chainsaw slaying of the vulnerable’, the CSR grabbed headlines throughout The Times. Questioning what kind of company would manage to get away with borrowing money in order to pay off interest, Robert Cole (@RobertCole7) tied the topic together by asking – would you invest in BGov plc?
Taking a realistic look at the spending cuts, Kathryn Cooper of The Sunday Times argues that for richer or poorer members of society, the UK’s marriage to a cash poor economy will hurt all of us in one way or another. Taking a leaf out of Ali Hussain’s Spending Cuts Survival guide, we’d all be wise to track down the best mortgage rates and energy suppliers in order to make every penny count.
No longer flavour of the week, stories on savings came in a lowly tenth in the most written about subjects of this weekend’s money sections, it seems that likes are gradually being replaced by spending. However frightening the Coalition’s cuts may seem, Halloween is yet to pass but already the sound of festive finance bells are beginning to ring in The Independent on Sunday (@TheIndyNews). Here it was reported that British shoppers are planning to spend 19% more on Christmas goodies this year compared to last. Expect plenty more before Santa’s been and gone!
As for the rest of the scores on the board this week:
Credit cards 4%