Troubled bankers in London's financial district of Canary Wharf have been seeking support from England's only floating church. As the global markets crumble and stumble St. Peter's barge offers solace and short lunch time services.
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The UK has been experiencing a credit crunch of its own, and The Chocolate Society has shown a sense of humor in its creation of a Credit Crunch line of chocolate, made exclusively for Selfridges department store. With its clever play in delivering a timely product, the company anticipates the item to be a strong seller.
The Credit Crunch offers a sweet fix, featuring a satisfying combination of Valrhona chocolate and honeycomb pieces.
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The 2012 Summer Olympics will take place in London and the city is already admitting their turn to host will not be as extravagant as Beijing. Britain has nothing to feel badly about; this year's Olympics were the most expensive in history, and it's unlikely another city would top that.
Britain is in the midst of a credit crunch that didn't exist when they won the Olympic sweepstakes three years ago.
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London's credit crunch and financial turmoil has unfortunately mirrored that of the US, and finance types in the British capital are preparing themselves for reduced bonus payouts this year. While these guys are dreading to see how the year's financials actually play out, they're also being played by the women who said for better or for worse.
The head of a London law firm noted that "Historically during a financial downturn the divorce rate amongst high earners has increased," and based on this assumption the firm recently surveyed 100 analysts, stockbrokers, and hedge fund managers.
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The US is very hush-hush compared to other countries when it comes to discussing money, and our federal law protects our income tax information from being exposed. Not only does this protect individuals' privacy, it also conceals the prevalent gap between the rich and poor and makes the exact gender gap difficult to measure.
UK Equality Minister Harriet Harman has spearheaded proposed laws that would encourage companies to publish figures showing their average gender pay gap.
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