Stock prices and bond yields fell yesterday over fears that another economic slowdown is just around the corner.
The Dow Jones Industrial Average (DWIA) dropped …read more
Archive for June, 2010
Markets stall as double-dip recession fears grow
Wednesday, June 30th, 2010Alcoholic trader fined £72,000 for trading ‘binge’
Tuesday, June 29th, 2010
Steven Perkins, a former oil futures broker for PVM Oil Futures Ltd, went on an unauthorised trading shopping spree after a heavy weekend of drinking and bought 7 million barrels of oil. …read more
EU widens scope of bank stress tests
Tuesday, June 29th, 2010
In an attempt to quieten down worries about the state of the European banking system the EU is doubling the number of banks to be stress tested to 120. …read more
The budget and pensions
Tuesday, June 29th, 2010
Pensions, that’s a conversation stopper. How to clear a bar in a split second. However it is one of our biggest investments next to our house and the pitfalls are considerable. …read more
Good news for ISA savers
Tuesday, June 29th, 2010
There are about 17 million people in the UK who save a total of £153 billion into Individual Savings Accounts (ISA). Of these some two million switch their funds every year to chase the best rates.
But the slow process for switching funds costs those savers …read more
Burglar gets nasty surprise
Monday, June 28th, 2010
Burglar Lee Christie had just broken in through the door into a house and grabbed a laptop computer when he realised he had chosen the wrong place to rob. …read more
Gold in a cup
Monday, June 28th, 2010
Forget gold in metal form or black gold in the form of oil, it seems there is a new commodity on the block.
Prices of Robusta coffee have risen by 20% over the last three days to their highest in over a year. …read more
Wall Street re-opens its hiring cheque book
Monday, June 28th, 2010
The good times are back for Wall Street bankers.
Wall Street firms are aiming to bolster up their personnel balance sheets after the cuts caused by the banking crisis over the last two years. …read more
IFAs caught out by cut down CGT changes
Monday, June 28th, 2010
The Capital Gains Tax (CGT) changes by the Chancellor George Osborne have left some Independent Financial Advisers (IFA) red-faced.
Some financial advisers who recommended that clients realise capital gains …read more
Karzai aides derailing corruption cases US officials claim
Monday, June 28th, 2010
The President of Afghanistan, Hamid Karzai, promised last November to crack down on corruption within his government.
In response the US supplied his authorities with surveillance technology and other assistance …read more
Tron – a retro review
Monday, June 28th, 2010
Credits:
Director: Steven Lisberger
Principal cast: Jeff Bridges, Bruce Boxleitner, Cindy Morgan and David Warner …read more
Commercial rents hit by government cut backs
Monday, June 28th, 2010
In a classic example of the law of (un)intended consequence it appears that government cut-backs will hit the property rental market hard.
As the Telegraph points out the property industry appeared to get off the tax hook quite lightly in the emergency budget, …read more
