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Big Society Capital Supports Charities and Social Entrepreneurs
TweetA new fund to support charities and social entrepreneurs who have struggled to obtain lending from the traditional banks has been set up by the coalition government. Money is sourced from dormant bank accounts, which are bank accounts that have been left usused for over 15 years. There is around £400 million in these accounts. The... Stock market news »
Which type of Mortgage Rate is right for You?
The wide range of mortgage rates on the market has always been confusing, but the picture is complicated by the fact that the Bank of England base rate has now been at a record low of 0.5% since March 2009. That doesn't mean there's an undisputed "right" answer as to which rate type is... Stock market news »
The National Debt, What is it in Layman’s Terms?
Do you really understand what the National Debt is? A recent Channel 4 Programme actually revelad that a number of MPs do not understand this so it is hardly surprising if members of the public are confused. At present in simple terms the National Debt is just over £900 billion. So that represents the... Stock market news »
The UK’s Oldest Businesses
TweetThe UK has been the home of a number of thriving businesses over past years, but how long have some of the oldest ones been trading for? It may be hard to imagine, but a number of businesses have been present for hundreds of years – so what are they and how have they... Stock market news »
FTSE100 Crashes, Again.
TweetToday the FTSE 100 Index crashed (ok, “dipped”) after Merv King’s warning that the country was not going to grow and also on the back of the news that France could lose is AAA rating. The Bank of England has predicted a rise in inflation to 5% later this year and growth in the... Stock market news »
England Riots Create Problems for the British Retail Industry
TweetFor the last 4 days there has been rioting in the streets of England. It started in London with the biggest problems in Clapham, Croyden and Tottenham and then spread to other cities, including Birmingham, Manchester and Liverpool. There have been smaller outbreaks of violence and vandalism in other towns and London suburbs. The... Stock market news »
Harrods Open Their Christmas Wonderland
TweetIt seems that the new owners of Harrods have decided that one way to boost sales this Christmas is to start early. Maybe the Qatari royal family simply mistook our miserable British summer for the onset of winter? Harrods are not alone though. Selfridges have also set up Christmas displays. It used to be a... Stock market news »
Is Corporate Actions Automation a Viable Solution?
TweetFor 2 years I tested an automated corporate actions system. I cannot name the system here, but can say that it won awards at the time and has been in the financial news press since. However, for our business we found that the system was not compatible. The reason for sharing this information is... Stock market news »
Scottish Power Raise To Gas Bills By 19%
TweetAs if households have not felt the squeeze already, Scottish Power have announced that they will be increasing gas bills by 19% and electric bills by 10% this August. How do they justify such a huge increase? Scottish Power stated that the price increase was a reflection of the continued increase in the cost... Stock market news »
Retail Sector Struggled In May 2011
TweetHigh street spending was down again in May 2011. Weather cannot be blamed this time so it really is simply that people are saving their money. This is really a good thing as as for too long people have been borrowing too much. Maybe the downturn is spending is not the result of people... Stock market news »
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