Wednesday, June 30th, 2010 Money.
Cutbacks: Chancellor George Osborne’s pressing necessity Budget could cost 1.3million jobs George Osborne has been constrained on the back foot over claims that his Budget will require to be paid 1.3 million jobs over the next five years. Leaked Treasury estimates disclose that the coalition Government’s spending cuts could see betwixt 500,000 and 600,000 posts [...]
Wednesday, June 30th, 2010 Money.
Banks and erection societies have been accused of ripping off millions of savers through a tax-free cash ISA, and forced to make radical changes. It is a astonishing victory for this newspaper’s long-running campaign in Money Mail which highlighted the desperate plight of tens of thousands of people. The Office of Fair Trading uttered financial [...]
Wednesday, June 30th, 2010 Business.
Smith condemns Fiji approach unseasonably crackdownForeign Affairs Minister Stephen Smith has condemned a decision by Fiji’s army-backed government to ban foreign ownership of the media. News Limited has owned and operated the Fiji Times with respect to 23 years, but the military government has now ruled that media organisations be required to be 90 per [...]
Wednesday, June 30th, 2010 Money.
Barclaycard has reduced the effect of ‘cashback’ that customers earn for having spent on their credit cards. The propose follows its withdrawal last month of cashback cards for new customers and the ponderous promotion of its alternative ‘freedom’ rewards scheme. Currently, cashback customers admit the cash equivalent of one per cent for the first Ј200 [...]
Tuesday, June 29th, 2010 Business.
Wall Street shares tumble on global growth fears, two-year bond yield hits record at a moderate price US stocks fell broadly today as a sharp decline in US consumer courage added to investors' worries about the global economy. The concerns sent investors fleeing to safeness assets, sending the US dollar, gold and Treasuries higher. The [...]