According to a recent investigation it was discovered that UK savers are losing £7.3 billion a year to city bankers and fund managers who are skimming off different levies and fees.
The investigation was performed by The Daily Telegraph who looked into the different fees and charges that were being applied to [...]
Pakistan has been devastated by the worst monsoon floods it has ever experienced in living history.
According to a local official there have been 800 people killed by the torrential floods and a further one million people in the north-west region of the country have been affected.
Many parts of the country are [...]
The 12 months sales figures that have been released by Sony show that during that period they have overtaken Microsoft by an enormous 28%.
Sony reports confirmed that over their last financial year they generated 14.3 million sales of their Playstation 3 while during the same period Microsoft lagged behind with sales of 10.3 million [...]
The oil clean up activities taking place in the Gulf of Mexico are going to be reduced as no oil has now been leaked from the damaged Horizon Deepwater oil pipe since 15 july and only small quantities are now being found on the surface of the sea.
The announcement of the scaled back activities [...]
The government is set to make an announcement to encourage jobless people to come off benefits and return to work with the security of knowing that they will be no worst off financially.
With the present situation many people who are unemployed are actually better off than if they were working and government ministers have [...]
In an announcement by the government they have confirmed that the UK fixed retirement age of 65 is to be scrapped as from October 2011.
With the present employment rules businesses can force employees who reach the age of 65 to leave their employment and have no obligation to offer the person any financial compensation [...]
The UK consumer group Which? has said that according to a new report many bank customers are not being directly contacted and informed of interest rate changes that may be affecting their accounts.
The report confirmed that out of the 12 banks and building societies investigated only 5 confirmed that they would directly contact the [...]
A security consultant named Ron Bowles has compiled all the details of 100 million Facebook users and made the list available to the public as an example of how vulnerable the social networking site is to this type of attack.
Using a simple piece of coded software Mr Bowles was able to scan [...]
BP have announced that present chief executive Tony Hayward will be replaced in October by Bob Dudley who is currently the man in charge of handling the clean-up operation caused by the Horizon Deepwater oil spill.
The announcement comes on the same day as BP also reported it’s trading figures for the [...]
More people are looking to receive mortgage advice from official brokers – this is the news from web site unbiased.co.uk, which claims that the number of people seeking advice from mortgage brokers has risen by 24 percent since the same period (January to June) last year.
Mortgage brokers are usually able to offer advice on [...]
