Category: Finance
Christmas 2011 season to leave millions of Brits in debt
UK Today News: A recent study has found that 40 percent people in the UK are currently in debt – excluding the student loans and mortgage. This means that Brits will be entering the Christmas period with their stretched finances
UK budget 2011 attempts to rescue Britain’s unsteady economic growth
UK Today News: The UK budget on Wednesday, March 23, 2011, revolved around business competitiveness to recover from its slow economic slowdown. It tried to lure foreign investment with a 2% Corporation Tax Cut and on the domestic front, the
UK GDP Economic Growth Unrevised At 1.2% For Q2 – Fastest Pace In 9 Years
UK Today News: UK GDP Economic Growth Unrevised At 1.2% For Q2 – Fastest Pace In 9 Years The UK GDP – Gross domestic product – growth has reportedly grown faster in nine years in Q2 of 2010, in addition to
British Inflation Seen By Bank Well Below The 2 Years Target
UK Today News: British Inflation Seen By Bank Well Below The 2 Years Target The Bank of England forecasted on Wednesday that in a span of two years, the British inflation will fall well below its target of 2 percent,
Royal Bank of Scotland (R.B.S) Experiences First Quarterly Profit For The First Time In Three Years
UK Today News: Royal Bank of Scotland (R.B.S) Experiences First Quarterly Profit For The First Time In Three Years The Royal Bank of Scotland (RBS) on Friday reportedly broke the jinx of Quarterly losses and for the first time since
Stress Tests Show An Increase In Banking Shares Across Europe
UK Today News: Stress Tests Show An Increase In Banking Shares Across Europe The shares of European Banks have risen on a moderate scale all across Europe, following the stress test event that was conducted last week. The Lloyds Bank,
Stress Test For Banks In Europe Allows Wall Street To Relax
UK Today News: Stress Test For Banks In Europe Allows Wall Street to Relax Stress Test For Banks In Europe - There has been acute buy back of stocks, and this time it has happened in European banks. Europe’s regulators had
General Motors (GM) To Acquire Finance Company AmeriCredit Corp For $3.5 Billion
UK Today News: General Motors (GM) To Acquire Finance Company AmeriCredit Corp For $3.5 Billion American vehicle giant, General Motors (GM), has announced that it will be acquiring finance company AmeriCredit Co-operation, for a whooping $3.5 Billion hard cash. This
Claims For Jobless Benefits See A Rise In The U.S. Over Last Week
UK Today News: Claims For Jobless Benefits See A Rise In The U.S. Over Last Week There has been a sharp rise in claims for jobless benefits as compared to last week, a reflection that the U.S. Labor market is
BP Oil Spill Update: Giant Blimp Is Sent To Track The Oil Spill In The Gulf
UK Today News: BP Oil Spill Update: Giant Blimp Is Sent To Track The Oil Spill In The Gulf A Giant silver coloured blimp is set to provide aid, by tracking the gulf oil spill on Tuesday. The Airship which
