2016-03-19 18:53
Following last week's website crash on its relaunch, the TSB has yet again managed to drop the ball; this time by mis-spelling Ashtead on a billboard advert aimed at the residents of Ashtead… Read More
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2016-03-19 18:53
The Telegraph reports that the Markit/CIPS UK Services Purchasing Managers' Index rose to 62.5 in October from 60.3 in September. This was the highest level since May 1997.As I noted the… Read More
2016-03-19 18:53
Yannis Stournaras, the Greek finance minister, told German newspaper Handelsblatt on Monday that Greece may seek to ease its debt burden by renegotiating its bailout terms.The renegotiation… Read More
2016-03-19 18:53
Current Net Worth Assets Sep-13 Oct-13 Change % change Savings Account 1 $2,632.00 $2,002.00 ($630.00) -23.94 Savings Account 2 $6,015.00 $7,457.78 $… Read More
2013-12-03 19:13
The Telegraph reports that an employee of Equiniti, the firm handling Royal Mail shares bought via the Government's website, has admitted that a software error was responsible for inve… Read More
2013-12-03 19:13
ONS statistics published today show that Britain's economy grew by 0.8% between July and September of this year, that is the best performance since Q2 2010. The services sector accounted for… Read More
2013-12-03 19:13
There has been some controversy over the security of "contactless" payment cards (which don't require Pin numbers, merely contact with a reader for payments of up to £20).All well and… Read More
2013-12-03 19:13
Apparently, if statistics from eurostat can be believed, Greece's budget deficit for 2012 has been revised down from 10% of GDP to 9%However, before popping the champagne corks, it should… Read More
2013-12-03 19:13
Shares in Royal Mail closed at 489p on the company's first day of full trading on Tuesday, as at the time of writing they currently stand at 475p.They were priced at 330p Read More
2013-12-03 19:13
Conditional dealings in Royal Mail that began to day for City institutions produced an initial rise of 38% (456p on the offer price of 330p), this fell back to around 444p.Private investors… Read More
2013-12-03 19:13
The Bank of England has left interest rates unchanged at 0.5% and QE untouched Read More
2013-12-03 19:13
Sky News reports that over 100,000 members of the public have applied to buy shares in Royal Mail ahead of last night's deadline. This makes the £3.3BN sale one of the largest privati… Read More
2013-12-03 19:13
Islamic finance as practiced today is a new phenomenon that is very interesting to look at not because it is related to the so-called growth rate that is so impressive according to man… Read More
2013-12-03 19:13
Current Net Worth Assets Aug-13 Sep-13 Change % change Savings Account 1 $2,706.00 $2,632.00 ($74.00) -2.73 Savings Account 2 $5,116… Read More
2013-12-03 19:13
In May Greek youth unemployment was almsot 65%, in June it showed a slight "improevment" falling to 58.8%.However, when compared to previous years the level of youth unemployment has worsene… Read More
2013-12-03 19:13
European Central Bank Governing Council member, Luc Coene, is quoted by Reuters:"It's clear that we are not yet at the end of the Greek problem. We will need to make further efforts, c… Read More
2013-12-03 19:13
As I have noted before, the British economy is driven by the property market and people's confidence (usually misplaced, given that property prices are relative) that an increase in house pr… Read More
2013-12-03 19:13
Martin Wheatley, the CEO of the Financial Conduct Authority (FCA), is currently appearing before the Treasury Select Committee. He is less than impressed with the fallout from the PPI mis-se… Read More
2013-12-03 19:13
The newly launched TSB bank (split for Lloyds) has had a less than stellar first day, as its website has crashed.Hardly a good augury for the future! Read More
2013-12-03 19:13
The Telegraph reports that Fred Goodwin, erstwhile CEO of RBS, was so obsessed with tidiness and so irritated with piles of paper on filing cabinets that he ordered thousands of custom-ma… Read More
2013-12-03 19:13
Current Net Worth Assets Jul-13 Aug-13 Change % change Savings Account 1 $2,759.47 $2,706.00 ($53.47) -1.94 Savings Account 2 $3,223.53… Read More
2013-12-03 19:13
As loyal readers know, I have on numerous occasions noted that the financial services industry in the UK has tarnished its image because of its greed and corruption, and seems intent on brin… Read More
2013-12-03 19:13
According to a survey of 350 manufacturers carried out by the CBI, Britain's manufacturing sector is growing at its fastest rate for nearly two decades. The Telegraph reports that total orde… Read More
2006-06-07 11:16
The USA is in financial shutdown, as Congress has failed to find a solution to the ongoing financial impasse (ie increasing the debt ceiling). As a result, hundreds of thousands of federa… Read More
2006-06-07 11:16
I see that Barclays is fond of playing Monopoly, and has managed to create a bank error (for once in its customers' favour) that will entail a refund to affected customers (estimated at bein… Read More
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