BP invests in eco fuels
BP has been marketing themselves as a green oil company, they have changed their logo to look like a flower and now they are investing into an eco fuel business named Verenium.
This is the first time that BP have actually become involved with green fuels, but they are not doing by halves the investment is [...]
More banks should be helped out
There are calls from the former Chairman of the US Federal Reserve, Alan Greenspan to work more with the banks in order to allow them to keep going.
Just leaving the banks to suffer in silence could be disastrous for the world economy. However, at the same time can governments actually afford to bail all of [...]
Can we have our £80 billion back?
Friday the 13th October 1307 is supposed to be the origins of the unluckiest date, and there is good reason for it, because on this day an alliance between Pope Clement V and King Philip IV of France smashed the organisation known as the Knights Templar.
Many people will know of this because of the film [...]
Tesco to open bank
It had to come sooner or later, the superstore, which wants to provide everything that their customers need is now going into the banking industry.
The thought of all of those customers going through their stores, but still using outside facilities for other services is just getting too much for the management of Tesco’s.
So instead [...]
Taking advantage of the credit crunch
There may be a lot of doom and gloom out there at the moment, but there is no need to let it grind you down, after all things will pick up eventually and you need to be ready for the big rush again.
Therefore, in the mean time there some things that you do to either [...]
Teach your children about finance
In times like this, it is a good time to start teaching your children about finance matters. This is because when times are good it is not always easy to teach children about what happens when things go bad.
However, with finance matters being talked about virtually everywhere like the news and in the press. Then [...]
Now the UK is heading for recession
It was only last week when we heard reports that the UK economy could be strong enough to miss going into recession. Now in contrast to that report an interview with a member of the Monetary Policy Committee, who are the group that sets the Bank of England interest rates, has come up with a [...]
July 17, 2008Is the US Dollar about to crash?
There is a saying “That is has to get worse before it gets better” and this looks like what we are all going to have to look forward to over the coming months.
In particular the US economy is struggling not just with the financial problems hitting the mortgage and banking industry, but from foreign investors, [...]
Who are the richest people of all time?
When we think of the wealthiest people around, normally the likes of Bill Gates, Warren Buffet and the Sultan of Brunei spring to mind. But although these people hold some serious wealth in today’s crazy world, their wealth when worked out in relation to the economy is fairly small.
So just who are the richest people [...]
Food prices increasing due to bio fuels
When bio fuels first started appearing they were greeted as the next greatest thing to hit the automotive world. But as this new form of making our fuel resources last longer has become popular, there are now concerns that maybe bio fuels aren’t as great as we first thought.
Environmental campaigners are now claiming that the [...]
Cutting the cost of filling up
As the price of fuel seems to increase almost on a weekly basis, we have several choices to combat the fuel price crunch. We can just grin and bare it, don’t drive at all or we can take some positive action and find ways of cutting the price of filling up.
Below are some ideas to [...]
Channel Four pays £150,000 ransom
Paying kidnappers is supposed to be a definite no for anyone or organisation to even consider as an option. For one reason there is the possibility that the hostage will not be released, or that the payment will just encourage them to do the same thing over again as it is a good money spinner.
Obviously [...]
£40 million for a Monet
When it comes to finance there people around that do not appear to be affected by the credit crunch, this can be normally found true when it comes to fine art auctions. This is most certainly true when it comes to the fins art sale at Christies in London this week.
They had a particularly nice [...]
Is the credit crunch a conspiracy?
Despite all of the media coverage about credit crunch and how it is affecting almost everyone no matter what they or where they live, there are some people n fact around thirty eight per cent of a survey conducted for the insurer Zurich, believe that the credit crunch will not affect them.
This boldness could be [...]
Chancellor says “Times of tough”
The Chancellor of the Exchequer, Alistair Darling has been quoted as saying “Times are tough” thank goodness for that, we must be all sleeping better now! But in all seriousness he has insisted that the UK will be able to survive the current credit crunch.
However since mentioning that we will all come out of this [...]
Iran makes a withdrawal
There is no doubt that the next six months will be slightly hair raising to say the least, with changes happening around the world with oil and different outlooks. It seems that certain nations around the world are also keeping an eye on things too.
Could this be why Iran has withdrawn something in the region [...]
Doctor gets £35 per week
With many services being stretched to the limit, it must be strange to find people who are highly qualified people living in this country but because of their circumstances cannot work and cannot return to their own place of origin.
Welcome to the life of an asylum seeker, where there are many fully qualified professionals, who [...]
Gay marriage business worth millions
The wedding industry has always been a big business, but with marriages not being as popular as before times could have been tough, but as with many areas of business every cloud has a silver lining and this cloud came just at the right time.
Gay weddings are now the big business which is fuelling other [...]
How to be smart with money
The time to start to have look at how your finances are going is now, when time are beginning to get tight. Things like the credit crunch may not be having a direct effect on your finances yet, but it will eventually as food and fuel prices begin to bite.
So what can you do to [...]
The cost of burying your pet
Arranging funerals for pets is fast becoming a big business and as this sector of industry expands the more companies become interested in getting involved.
With prices ranging from £50 right up £500, there is the potential for a good caring business which can help grieving pet owners say goodbye to their faithful friends in a [...]