Sunday Papers: UK economy set for biggest fall since 1945

* The UK economy is forecast to shrink by 4.5% in 2009, the biggest fall in a single year since 1945, according to Ernst & Young ITEM Club

* Official figures this week for Britain's second-quarter gross domestic product will confirm the worst of the recession is over

* GlaxoSmithKline expects £1 billion boost from swine flu jabs

* National Child Birth Trust accused of scaremongering after advising women to consider postponing trying to become pregnant until the swine flu pandemic has passed

* Former defence secretary, John Hutton, urges government ministers not to 'second guess' the military or behave like 'armchair generals'

* Labour divided over calls for more troops in Helmand

* Tories move to 17-point lead over Labour, their biggest poll lead since before the banking crisis

* Tories pledge to scrap the existing tripartite system and the FSA and hand back supervision to the Bank of England

* Lord Myners, the City minister, is so disenchanted by bankers' greed and self-aggrandisement that he is planning to become a theology student

* Royal Bank of Scotland has lost more than 700 of its top investment bankers to rivals

* Sir David Walker will begin consultations this summer on radical plans to shake up shareholder rights

* University chiefs braced for 20% cuts in funding

* EU inquiry pours doubt on benefit of health foods

* Bill Gates, the founder of Microsoft, is backing inventors and climate scientists who claim to have devised a technique for diminishing the power of hurricanes

* More than 1,000 homes a month are being secretly moved into higher council tax bands -- Sunday Express

* Porsche chief Wendelin Wiederking is set to pick up a pay-off of at least £86 million when he leaves the debt-ridden sports carmaker

* Britain's water companies are heading for a showdown with Ofwat

* Lord Mandelson has warned the owner of Jaguar Land Rover to accept a revised proposal to guarantee hundreds of millions of pounds in short-term funding or risk seeing it taken off the table

* Ron Sandler, chairman of Northern Rock, emerges as a surprise candidate to replace Sir Victor Blank at the elm of Lloyds

* Wall Street and City of London bank chiefs will be targeted this week at the launch of a new transatlantic campaign to reinstate historic usury laws restricting the interest rates charged by loan sharks and credit card companies

* A private jet belonging to David levy, chairman of Tottenham Hotspur, has been seized by agents of Kaupthing Singer & Friendlander

* Tributes pour in for Henry Allingham who died yesterday aged 113.

Welcome to Cash Every Day Forever

The mission of the blog, Cash Every Day Forever, is to record our financial journey towards reaching FIRE which means Financial Independence Retire Early. On the way to our goal, we shall share our experiences in the area of personal finance by posting articles on:

• banks, book reviews, brokerages, budgeting,
• charity, credit,
• deals and bonuses [free money],
• financial theories, frugal tips,
• investing,
  
• research done by us, retirement planning,
• taxes, tools [financial], and
  
• other miscellaneous things that have aided us.
  

We plan to maintain a honest, authentic and simple (easy to use) yet professional blog dedicated to benefit our user community, that is, our readers. We shall try to be as accurate as possible in our posts. If unknowingly mistakes creep in we shall try to correct them at the earliest.

We are by no means experts or financial gurus. So we invite our readers to comment on the merits and demerits of the philosophies and strategies deployed by us, and contribute their own views and relevant experiences for the benefit of everyone in the blogosphere.