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Your Energy Bill

With the tough economical times everyone is having, we are all trying to cut our bills in any way we possibly can. One of the best and easiest ways to help keep you on budget is to lower your energy prices. Oil stocks benefit from higher prices but you…

[ More ] January 31st, 2010 | No Comments | Posted in Finance |

Bank of England fears new crisis as quantitative easing ends

If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!Bank may echo US warnings over future rise in ratesThe Bank of England is poised to follow the US by warning high street banks of the new risks they face from future rises in interest rates and the current upheaval [...]

[ More ] January 31st, 2010 | No Comments | Posted in Economics, Finance |
 

FRC’s Exchange Fund: VCs Are From Mars, Traders Are From Venus

Both the blogosphere and the Twittersphere have been abuzz with First Round Capital’s new exchange fund idea. Here are a few extract’s from Josh Kopelman’s post on the new program:

[ More ] January 30th, 2010 | No Comments | Posted in Finance |

Children of the UK wealth divide: how a six-year-old deals with poverty

National Equality Panel’s analysis shows the richest 10% is more than 100 times better off than the poorest 10%In many ways the Renton and the Green families have plenty in common – these are two busy, noisy, happy households, each with three children. In both families, the two older children are already in their early [...]

[ More ] January 30th, 2010 | No Comments | Posted in Economics, Finance |
 

Davos: Cameron says immediate Tory spending cuts would be modest

• Conservative leader: action swift but not extensive• Sources deny Cameron rowing back on pledge to tackle deficitDavid Cameron gave a clear sign today that Conservative spending cuts designed to prevent Britain facing a Greek-style debt crisis would begin with only modest savings in public spending this summer.Speaking in Davos, the Conservative leader said [...]

[ More ] January 30th, 2010 | No Comments | Posted in Economics, Finance |

The Perils Of Letting A Relative Manage Your Money

In journalism they say three makes a trend and regretfully my office has identified a disturbing one relating to investors who let a family member manage their money.  During the past few months we’ve been contacted by various individuals whose …

[ More ] January 29th, 2010 | No Comments | Posted in Finance |
 

Darling tells bankers: ‘Don’t feel sorry for yourselves’

Chancellor holds clear-the-air talks with eight UK and foreign-owned banks at World Economic Forum in DavosAlistair Darling told the City’s top bankers today to stop feeling sorry for themselves and instead work with the government to create a stronger financial system.The chancellor held clear-the-air talks with eight UK and foreign-owned banks at the meeting of [...]

[ More ] January 29th, 2010 | No Comments | Posted in Economics, Finance |

Bank of England’s top policymakers publicly split over prospects for British economy

Giving speeches on the same night, MPC member Andrew Sentance hails ‘tailwind’ of world recovery, while senior insider Andrew Haldane warns of ‘debt overhang’ in downbeat addressThe growing divergence of views at the Bank of England about when the fragile UK economy can safely be taken off life ­support was laid bare tonight in sharply [...]

[ More ] January 28th, 2010 | No Comments | Posted in Economics, Finance |

Davos: World must learn trade talk lessons, says WTO’s Pascal Lamy

World Trade Organisation chief says long-running global trade talks show what is needed to prevent negotiations on climate change and financial regulation dragging out for many yearsWorld leaders need to learn lessons from the long-running global trade talks if they are to prevent negotiations on climate change and financial regulation dragging out for many years, [...]

[ More ] January 28th, 2010 | No Comments | Posted in Economics, Finance |

Executive pay should be capped at 20 times average, says union leader

A Davos meeting was told executive pay had reached unsustainable levels compared with workers’ payA union leader representing 20 million workers worldwide tonight called for executive salaries to be capped at 20 times the pay of the average worker as he branded the system for rewarding business leaders “corrupt” and a “racket”.Speaking at the World [...]

[ More ] January 27th, 2010 | No Comments | Posted in Economics, Finance |