December 15, 2011

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American Airlines Under Fire for Keeping £20m London Pad

An American Airline jet in flight

Iconic U.S. carrier American Airlines (AA) has come under fire from unions for holding on to plush London townhouse during their recent cost cutting measures. The struggling company’s $30bn in liabilities recently forced them to file for bankruptcy after they couldn’t agree a reduced pay deal with their pilots. The details of the swanky London [...]

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December 14, 2011

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Growing Numbers of Students Using Prostitution to Pay Education Fees

The National Union of Students has revealed, through an interview on BBC Radio 5 Live’s Breakfast programme, that, alarmingly, an increasing number of students in England are turning to prostitution to fund their way through higher education. Speaking on the programme, Estelle Hart, the NUS’s national women’s officer, said: “In an economic climate where there [...]

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December 13, 2011

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Mary Portas’ Plan to Revive the High Street

  High street consultant Mary Portas has published plans for improving the high street and cut business rates. While it has been backed by business groups, landlords and bookmakers are not so sure of the wisdom behind the plans – which include stricter controls on establishing betting shops in deprived areas. The seven-month review highlighted [...]

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December 12, 2011

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UK Economy Will Suffer 2012 Downturn

Image of money and calculator

The UK economy is going to suffer a more severe economic downturn in 2012 than previously predicted. Experts had predicted growth of 0.6% in the coming year but now econmomists at Standard Chartered bank say that the economy will in fact contract by 1.3%. However, other institutions say that Standard Chartered’s prediction is at the [...]

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December 10, 2011

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Blingle all the way

gold christmas tree

Christmas is an expensive time of the year. Many people save months in advance in order to save for presents, parties, travelling home – the list is endless. Decorations can cost a fortune too. A Christmas tree remains an essential decoration in many people’s homes. The Christmas tree just got a whole lot more expensive. [...]

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December 9, 2011

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Money mistakes newlyweds make

groom and cash

Everything is roses when you are about to enter wedded bliss. You might be the happiest, most wonderful couple you know. So try to avoid an inevitable disruption post-vows and talk about that dreaded topic: Money. They say the thing newlyweds fight about most is their finances. A huge number of engaged couples avoid the [...]

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December 8, 2011

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Easy ways to improve your credit score

Credit card-financial background

Living with a low credit rating can be worrisome and render you ineligible for loans and credit cards without a high interest rate attached. While it’s not the best thing to have a low credit score, it’s not impossible to repair your rating- if you’re willing to work at it. Consider these easy tips for [...]

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December 8, 2011

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Say No Way To The Payday Loan

Payday Loans

The majority of us will at some point have come up short money wise at least once in our life. It may have been an unexpected bill or expense that put you off your budget but how did you handle it? There appears to be a worrying growth in the number of businesses offering payday [...]

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December 8, 2011

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Scotland’s New £60 billion Infrastructure Wish List

Alex Neil, the cabinet minister for infrastructure and capital investment, released the SNP plan on Tuesday outlining the proposed infrastructure investments up to 2030. The plan includes 54 large infrastructure projects and 33 programmes investing in transportation, energy, hospitals, schools, and housing.  The list of projects includes previously promised improvements to Scotland’s road and rail [...]

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December 7, 2011

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Entire Olympus Board Likely to Quit in February

A tarnished Olympus camera

It looks like the road to recovery is going to be pretty painful for Olympus. At a press conference this morning (7 December 2011) President Shuichi Takayama, announced that the entire board will quit once they’ve done what they need to do to get the company back on track. The Japanese camera and medical equipment [...]

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