Public sector facing job cuts
There was a time when working in public services was probably one of the safest positions that anyone could go for. To make that career choice even better careers in public services are very diverse too.
However, this sector is set to be hit with cutbacks; in fact around 350,000 jobs are likely to be lost [...]
Japan wants single Asian currency
The opposition finance minister in Japan, Masaharu Nakagawa is laying out plans for what he sees as a way of uniting Asia with a single currency.
This plan could be put forward if hi party are elected in the next Japanese elections, which must take place before September of this year.
With the dollar not being as [...]
Older workers worst in financial crisis
It was not that long ago when the older more experienced worker was being hailed as the saviour of many businesses. This was especially so in the retail sector, who were only too quick to announce what a good these older people were doing.
But now it seems as the financial crisis continues, companies are having [...]
Trouble for city from the EU
History shows that major financial and economic centres are delicate to say the least Europe is littered with cities that once prospered as financial centres, yet are today a small shadow of their former self.
London should be aware of this because the main factor involved in the demise of these once high and mighty cities [...]
Goldman Sachs tries to silence blogger
On some occasions bloggers have caused despair and problems for certain people, this is put down to the fact that they are unregulated and therefore write what they want about whomever they want.
One such blogger Mike Morgan has got under the skin of US bankers Goldman Sachs who have instructed a top law firm Chadbourne [...]
Bee’s contribution to the UK economy
There has been a lot of talk about the reduction in the honeybee population, not just here in the UK but around the world. Somehow, the significance of this has been overlooked after all; the honeybee is just an insect and therefore would not be missed.
Yet recent research has shown that the humble honey bee [...]
Financial crisis could be worse than the depression
The international monetary fund (IMF) are warning that there are some serious worries that there could be comparisons between the lead up to the great depression and the current financial crisis.
Despite the attempts by governments around the world to prevent this from happening the fear is that this may not be enough to prevent the [...]
Organising business finances
This time more than ever is when business people should be organising their finances in order for their business to run more smoothly and efficiently. It is a matter of making things count and not missing out on anything at all.
There are some simple steps that the small business owner can take in order to [...]
Credit crisis can be good for your bank balance
The current financial crisis is going to have different effects on different people; it all depends on how their finances were holding up at the time when the credit crisis first started.
However the recession can be good for some people as there are many opportunities for UK consumers to get some great deals and [...]
Wasting energy will cost consumers pounds
This time last year most people in the UK were celebrating their good fortune of living in a booming economy which in turn fuelled foreign holidays, cars and just about anything else that you could think of, then all of sudden it stopped.
Almost over night things began to crash around us, but as people tighten [...]
Creative’s overtake finance workers
At one time the finance industry was one of the largest employers in the UK and in the world as a whole, but according to research carried out by the National Endowment for Science, Technology and the Arts (NESTA) this is all about to change.
The creative sector is growing and to such an extent that [...]
Organizing business finances
Managing business finances is not that different to managing personal finances except that business finances are much more serious and in some cases are governed by laws. Because of this, it is essential that a firm grip is taken on them, especially during these current times.
There are some simple methods that can be put into [...]
Making global finance work
There is no doubt that the current financial situation is down to the problems associated with global finance, this is because as banks and institutions grow they take over other companies and so on.
This means that despite taking an established business, the way that the business has been set up with customers, credit and debt [...]
Recession played out in games
The cause of the current financial situation can be seen in the type and style of computer games that have been available over the years, but not just any old games what we are talking about are the business and world development games.
These games like the Sims, Tycoon, SimCity 2000 and 3000, SimTower, Capitalism, even [...]
Could Aston Martin be repossessed
It may seem like a far fetched story, but even the current chairman David Richards confirms that technically the company is in danger of being in breach of the contracts that it has with the banks.
This is not an immediate problem, but in the middle of the year, this could be a real a [...]
Barclays selling off equity arm
In order for Barclays to strengthen their position in the world of finance, it looks as if they are going to sell off Barclays Private Equity (BPE); if this is not possible then they could quite easily consider the disposal of some of their holdings in the BPE funds.
This just goes to show that the [...]
Banks caught up in a fraud
Some of the largest names in the banking world have been caught up in massive $50 billion fraud; this has led to the person behind it, New York financier, Bernard Madoff on serious fraud charges.
Once again, some familiar names within the banking industry are listed as being involved in this fraud.
HSBC $1 billion
Royal Bank of [...]
EU says bank should start lending
The EU have been fairly quiet during this financial crisis, which could have been a bit worrying, but they nearly always only follow up on what has already happened or when decisions have been made, then it is hardly a surprise that we hear from them now.
The EC competition commissioner Neelie Kroes has spoken out [...]
Saving money over Christmas
People have different ideas as to what sort of money should be spent over Christmas, there are other factors involved of course but generally this year is would appear to be that there is going to be a definite downturn in consumer spending.
However, this should not have to be a worry for anyone as a [...]
Germany failing to spend out
Ever since the credit crisis begun, there has been a quiet war of words, occurring between Germany and the USA, in actual fact it is the Germans who have blamed the US for the crisis in the first place.
However, this is always going to happen, someone is going to get the blame and this [...]