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Irish debt fears concern market shares
Irish economy Euro and shares have fallen over concern that the Irish debt crisis may extend into other countries in Europe that have even larger budget deficits. The fear is that if Ireland can fall...
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Arts Council in England has funding cut
Arts Council in England has funding cut This week the term black art funding day fell into many people’s vocabulary that follow arts and culture when the Arts Council England was forced to face the...
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FSA chief admits wrong about urging UK to join the Euro
Lord Turner, the Chairman of the Financial Services Authority, has publicly stated that he may have been wrong about pushing the UK to adopt the Euro stating that he did not predict the sovereign...
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What’s next for Greece?
Greece looking to EU for bail out Another week has now passed and there is still not a final resolution in place in terms of the need for Greece to receive a second bailout in just two years. Analysts...
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Deutsche Bank see sharp fall in profits
Deutsche Bank, the giant of the German financial sector, has reported a steep fall in profits, partly due to the weakening performance that has come about from the deepening Eurozone...
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Singapore – the next start up centre
One of the driving components of Singapore’s knowledge based economy is high tech start-ups, with an increasing amount of policy attention being given to start-ups in order to continue to nurture new...
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The personal debt situation right now
If we are to believe everything we read or hear in the media, then the UK is a nation of people in debt. The sad fact is that this is not far from the truth and per capita the UK has more personal...
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Co-op blames economy as profits dive
After it was revealed that the Co-op’s half year profits fell by 56%, the company put the blame on the ‘relentless consumer downturn’. The chief executive of the mutual society, Peter...
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Unemployment in the Eurozone hits an all time high
It has just been announced that unemployment figures in the Eurozone have now reached their highest ever level. The highest number of unemployed are in Spain, where it is estimated that...
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Predictions on Christmas trade 2012
The run up to Christmas is in full swing and retailers are praying for great sales to bring to a close what has been a pretty gloomy year on the retail front. At the same time as those who...
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Google avoids legal action following investigation
The FTC (Federal Trade Commission) has decided not to engage Google in legal action after ending an exhaustive 19 month investigation that entailed looking into the functioning of the search...
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Trends in the buy to let market over the last year
As the buy to let property market is once again on the rise, the economic trend in being well and truly bucked by bricks and mortar. Investing in buy to let properties has risen sharply over the past...
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Predictions on the property market in 2013
According to the forecasts from OBR, the Office for Budget Responsibility, made in 2011, activity in the UK housing market will surge during 2013, bringing to a close the last few years,...
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Are British consumers saving more or less money in 2013?
January is a unique month as resolutions are made in this month and then broken within a few weeks and promotions including clearance sales and discounts continue throughout the January sales....
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HMV the latest name on the high street to go into administration
Despite the fact that they have just appointed Deloitte as their administrator, the bosses of the 92 year old high street mainstay HMV has said that they are convinced the company has a...
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Banks in the UK must raise 25bn GBP by end of 2013
The major banks in the UK have been told that by the end of 2013 the must have raised an extra £25bn in capital to safeguard themselves against any new potential loses, according to a...
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The start-up scene in Berlin
Back in 2008, when the chief executive of SoundCloud, Alexander Ljung, was starting up his audio sharing service, he had to make the decision as to where the company’s headquarters would...
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