Definitions and detailed explanations of financial terms designed to help you understand how changes in the world of finance may affect you, and how understanding these systems can help you get the most from your money.

What is inflation?
What is inflation?

It’s important to have a basic understanding of inflation because of its impact on our everyday lives. Find out how it works, what causes it, different types of inflation indexes and how inflation is managed.

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What is capital?
What is capital?

Capital can help you fund your business or make a personal financial decision that typically involves a large sum of money. Find out what capital is, the different types of capital, how it differs from money and why it’s important in running a business.

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What does austerity mean?
What does austerity mean?

Governments use austerity measures as a way of reducing their levels of debt. Find out everything you need to know about austerity, including how it works, its risks and how it has affected the UK economy.

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