Inflation Fallen Less Than Expected on Feb 19, 2009........... but we still need to fight the threat of deflation.The consumer prices index (CPI) fell from 3.1% to 3% in December. That was higher than expected as economists had expected a rise of 2.7% according to a Bloomberg survey.The Retail Prices...
US Stimulous Plan Approved on Feb 15, 2009Great news for the worldwide economy.I think its fair to say that the US is really pushing to get the economy back on its feet.The Guardian published an article stating that The Duke of Westminster has had to visit bankers to discuss his banking cove...
€10 Billion Loss "Seemed Like a Good Idea at The Time" on Feb 10, 2009The above shocking comments were from Sir Fred Goodwin (Ex-Numero uno at RBS) and he was referring to the misguided purchase of ABN Amro, whose toxic debts made it virtually worthless.America will be the place to watch today, as the latest TARP annou...
The RBS Bonus Situation Escalates on Feb 6, 2009Peter Mandelson The Business Secretary intervened regarding the issuing of bonuses for RBS executives in a couple of weeks time.As my previous post says the general public will be nothing less than outraged if said bonuses are awarded to traders, who...
House Prices Rise in the UK on Feb 5, 2009One of the leading lenders in the UK, The Halifax actually recorded a 1.9% gain in house prices over the month of Jan. This piece of news was totally unexpected.It would be easy to get carried away and attribute it to the road of recovery, however t...
UK Tax Payers Pay RBS trading arm GBM £100´s Millions in Bonuses on Feb 5, 2009After The Royal Bank of Scotland has been bailed out by the taxpayer, they are planning to pay out £100´s Millions to high flyer's. The justification for this is that if they don´t reward the talent they will defect.I am sure the average UK citize
The Man Who Moves Markets on Feb 4, 2009Robert Peston the BBC business editor has been grilled today by MP´s on the Treasury Select Committee, over his involvement with the banking crisis.Cast your mind back to his reporting on Northern Rock ( breaking the news that they were seeking em...
Article in The Telegraph on House Price Negotiation on Feb 4, 2009How much do I offer : Source The TelegraphA friend house-hunting in villages near my home in north Norfolk found a stylish converted coach house that took her fancy. It was on the market at £550,000. Balancing the factors involved – a sought-after...
The Art of Negotiation on Feb 3, 2009Have you noticed that everyone thinks they are a master of negotiation. In reality most of us are not, however when negotiating there are some principles that can help.The main reason either party comes out on top of a negotiation is that they exploi...
Improve the Value of Your Home on Feb 3, 2009Here is a great article from The Times giving some great tips about adding value to your home.1 INSTALL AN ENSUITE BATHROOMIf you have three or more bedrooms, people these days expect more than one bathroom. The best option is to squeeze an ensuite b...
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