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Investments

Posted Sun, 14/03/2010 - 06:02

Royal Mail at centre of performance fixing allegations

Royal Mail at centre of performance fixing allegations

Saturday 13th March 2010

The postal regulator Postcomm has this week revealed that claims by the Royal Mail that nine out of ten letters and parcels are delivered the next day have been thrown into question. It is believed that an investigation by the regulator found ... Full Story>>

Posted Sat, 13/03/2010 - 00:52

UK government offers GM Europe £270 million loan guarantee

UK government offers GM Europe £270 million loan guarantee

Friday 12th March 2010

In an about turn, the UK government has today revealed it will provide GM Europe with a £270 million loan guarantee in order to secure the company's operations in the UK. The move has come as something of a surprise after various similar ... Full Story>>

Posted Fri, 12/03/2010 - 21:47

FSA to stamp down upon mis-selling scandals

FSA to stamp down upon mis-selling scandals

Friday 12th March 2010

The FSA (Financial Services Authority) has today confirmed that new financial products entering the UK market in the future will be susceptible to more scrutiny than ever before. In a move which is aimed at reducing the number of mis-selling ... Full Story>>

Posted Fri, 12/03/2010 - 17:45

Ex-Cazenove partner found guilty of insider trading

Ex-Cazenove partner found guilty of insider trading

Friday 12th March 2010

Malcolm Calvert, who worked his way up from the post room at Cazenove to become a partner in the business, is today starting a 21 month prison sentence after being found guilty on five counts of insider trading. He was found not guilty on a ... Full Story>>

Posted Fri, 12/03/2010 - 17:44

Report into Lehman Bros collapse criticises management

Report into Lehman Bros collapse criticises management

Friday 12th March 2010

In what many believe was a defining moment of the credit crunch and worldwide recession the collapse of Lehman Bros has been reinvestigated by a number of authorities around the world. A report issued today suggests that the management and ... Full Story>>

Posted Thu, 11/03/2010 - 22:20

Bill Gates is no longer the world's richest man!

Bill Gates is no longer the world's richest man!

Thursday 11th March 2010

The annual billionaires list from the Forbes magazine has shed new light on the richest man in the world with Bill Gates having fallen to number two and Mexican telecoms billionaire Carlos Slim Helu now number one in the table. This is the ... Full Story>>

Posted Thu, 11/03/2010 - 07:48

Takeover talk pushes UK stock market higher

Takeover talk pushes UK stock market higher

Wednesday 10th March 2010

Despite the fact there are significant concerns regarding the future direction and future strength of the UK economy it seems that investors are becoming more and more excited about the potential for takeovers and mergers in the UK. Today saw ... Full Story>>

Posted Wed, 10/03/2010 - 17:47

Why do people fall for Ponzi fraud schemes?

Why do people fall for Ponzi fraud schemes?

Wednesday 10th March 2010

Today's revelation that the SFO has secured a successful conviction against former taxi driver Kevin Foster regarding his Ponzi scheme is yet another example of the problems the UK authorities have regarding fraud. When the scheme collapsed ... Full Story>>

Posted Wed, 10/03/2010 - 17:25

Losses reduced at Northern Rock

Losses reduced at Northern Rock

Wednesday 10th March 2010

Northern Rock has today reported reduced losses for 2009 during what has been a very difficult period for the group having been nationalised after teetering on the brink of collapse. While underlying losses were reduced from over £1.2 billion ... Full Story>>

Posted Tue, 09/03/2010 - 17:11

Get yourself ready for more junk mail in the future!

Get yourself ready for more junk mail in the future!

Tuesday 9th March 2010

Yesterday's announcement that the Royal Mail had agreed a 6.9% pay increase with the union bosses was well received across-the-board. While there have been concessions on both sides it would appear that every household in the UK can expect to ... Full Story>>