Property sales down a third

June 30, 2008

HM Revenue and Customs said the number of properties sold in the UK has fallen by 32% this year. The number of houses sold fell to 504,000 between January and May, from 743,000 in the same time last year. The houses ...

Halifax criticized over new mortgage fee

June 30, 2008

Britain's biggest mortgage lender Halifax were criticised for introducing a new £245 mortgage fee which means buying a home or remortgaging with them is even more expensive. The Halifax has been accused of "sneaking" in the new fee. The fee now ...

RBS’s triple A rating removed by Moody’s

June 28, 2008

Royal Bank of Scotland has been stripped of their triple A credit rating by Moody's Investment Service. They also warned that the bank will possibly face more volatile earnings, a weaker economy and the possibility of more writedowns. Moody's said the ...

Sony hope for growth in emerging markets

June 28, 2008

Sony are hoping that plans to expand into emerging markets will revive their fortunes. This large growth push follows several years of job cuts. The Japanese electronics firm has set out plans to regain its lead in the TV market, lower ...

Tesco shareholders to be asked to vote on chicken welfare

June 27, 2008

Shareholders at Britain's largest supermarket chain will be asked to back proposals by TV Chef Hugh Fearnley-Whittingstall, which hopes to improve the welfare standards of chickens. Mr Fearnley-Whittingstall will be joining investors at Tesco's annual general meeting (AGM). Investors will be ...

Barclaycard to face Ofcom fine over silent calls

June 27, 2008

The largest credit card company in Britain, Barclaycard could be facing a fine from Ofcom for making silent calls to people's homes. Such silent calls occur when automated systems are used in call centres and dial more numbers than staff can ...

John Lewis Discount Codes Released

June 27, 2008

John Lewis have released the following discount codes: PBB114ABD852 This will give a £10 discount for any orders over £75 and is valid until the end of this month. www.johnlewis.co.uk ...

PCWorld and Currys owner goes into the red

June 26, 2008

The owner of PCWorld and Currys, DSG International announced that pre-tax profits were down a dramatic 30% last year and say they are "cautious about consumer confidence". Pre-tax profits for the 53 weeks to 3 May 2008 were 3205.3 million, which ...

Website naming rules may change

June 26, 2008

The rules which govern domain naming could be changed if the proposals to relax the rules go through. At the moment websites can only use certain suffixes at the end of internet addresses, such as ".com", ".co.uk" or ".org". The regulator of ...

Barclays look to Qatar for funds

June 25, 2008

Barclays have received £2bn as the Gulf state of Qatar invests in the bank. Barclays have been trying to raise capital to help balance out their cash flow. The Qatar Investment Authority will invest a possible amount of £1.76bn and a ...

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