Ministers were on the defensive last night over claims that unemployment was climbing sharply in areas where Jobcentres were closing and will exceed two million this week.
The Government is diverting hundreds of officials from other posts to serve as welfare advisers. Nearly 1,000 civil servants working on child maintenance and disability claims have been […]
But his tiny eBay shop soon became a major success, selling everything from mobile phone accessories to protein supplements.
Now the garage has made way for a massive warehouse and 30-year-old Mr Radcliffe has become the UK’s first eBay millionaire.
He owns a £700,000 home with a £150,000 Ferrari and a £118,000 Aston Martin in the […]
Experts are battling to interpret data and use it to predict the next turn of events, but few, if any, foresee a swift return to stability and growth.
However, a rift is forming between those who fear a resurgence of inflation, sparked by rampant government spending, and those who fear the opposite - a long […]
Stockbroker belt towns such as Windsor in Berkshire, one of the most sought-after areas to live in the UK, are among the hardest hit since the recession kicked in.
It is one of 16 towns and cities in the UK where prices have dropped by at least 20%.
Burton-on-Trent in […]
Due to the recent recession, the whole economy has been jeopardized and lenders are under extreme pressure by the Federal regulators, as well as their investors to turn their bad loans (non-performing assets) to good loans (performing assets).
The process of a foreclosure in the present economy is not an easy job. One hundred percent financing […]
Does this mean they are doing a terrible job or are they excluded because they are not open to all.
How do I find out their performance compared to others? S.B., Wirral, Cheshire
Simon Moon from This is Money replies: I put your question to the Police Mutual Assurance Society (PMAS) who […]
Boss Michael Grade effectively admitted that his vision to take ITV more upmarket had failed and that ‘feelgood’ entertainment will dominate its schedules in future.
He said programme budgets will be slashed by £135m over the next two years after the company announced a £2.7bn loss for last year. It follows a massive downturn in […]
If you are thinking to start up your own business, you have to make a very important decision in choosing the right franchise. You will be able to overcome some of the stress and guess if you have chosen the right franchise. Most of the reputable franchisor will make you go through a rigorous screening […]
The pay cuts are expected to come from a shift to ’short working’ as businesses reduce the working week because of low demand.
The situation has echoes of the three-day week of the 1970s, which was triggered by power shortages linked to the miners’ strike.
The problems for the private sector are in stark contrast to […]
Labour’s deputy leader caused consternation at the Treasury by declaring that the former Royal Bank of Scotland chief will not get the money even if he is entitled to it in law.
That was seen as a clear indication that the Government is ready to pass a special Act of Parliament to strip Sir Fred […]
© 2008 Daily Financial News