Archive for: November, 2011

UK strike rallies held by public sector

As previously warned many hospitals, schools and other services were disrupted today as thousands of people rallied across the UK protesting against the proposed plans for public sector pensions.
According to the unions nearly two million people joined in the strike protests today which caused postponements to thousands of hospital operations [...]

Chancellor Osborne delivers gloomy Autumn Statement

In the governments 2011 Autumn Statement made by Chancellor George Osborne he lowered the forecasts for the UK’s economic growth and said that for the next two years there would be a cap of 1 per cent implemented on pay rises in the public sector.
The chancellor also delivered new revised figures [...]

Young workers should get cheaper car insurance say Labour

The Labour Party have put forward proposals saying that young people should beallowed to have cheaper car insurance if their cars are only used  for getting to college or work.
Labour said that the price of car insurance was “pricing young people out of driving” and that in an effort to help them to keep [...]

Credit easing schemes to be unveiled by Chancellor Osbourne

In Tuesday’s autumn statement the Chancellor George Osborne will unveil the governments £40 billion in loans credit easing schemes designed to help small firms through the economic downturn.
The chancellor said, while being interviewed on the BBC’S Andrew Marr Show, that there would be an initial £20 billion of loans available [...]

Young jobless scheme planned by government

An announcement was made today by the coalition Deputy Prime Minister Nick Clegg who said that the government was planning to put into operation a £1 billion scheme to help the thousands of young people who find themselves unemployed.
Figures recently released show that in the three month period to September [...]

US retailers hope for Black Friday shopping boom after Thanksgiving Day

For millions of US citizens who have celebrated Thanksgiving day the natural next event is to visit the shops on Black Friday and retailers are hoping that this year this might be the start of a lift in their sales which have suffered heavily due to the global economic gloom.
A growing number of [...]

Google drops more products

On it’s official blog Google announced that they were going to drop more products from it’s range of services in a move to simplify their business operation.
Google has previously dropped products that didn’t capture the imagination of the general public and in this latest cull there will be seven products in [...]

Shares drop dramatically for Thomas Cook

The release of the full year annual results for travel firm Thomas Cook have been delayed as the company announced that it was in talks with it’s bankers about raising extra capital loans.
Shares in the company took a nose dive on the stock market and during the day fell by 75 [...]

Eurozone and US debt fears continue to trouble worldwide markets

With the eurozone still in crisis and the likelihood of an impasse happening on their debt decisions in the US the stock markets around the globe reacted violently today with big falls occurring on all of the worldwide exchanges.
In London the FTSE finished the day at 5222.60 having dropped 140.34 points [...]

England cricketer Basil D’Oliveira dies

One of England’s most favourite, gifted and probably most respected cricketers Basil D’Oliveira died on Saturday after many years of battling against Parkinson’s disease. He was aged 80.
Although a superb batsman on the field of play he probably will be remembered even more so for his determination and part that he [...]

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