Ever wonder what that whooshing sound was in the run-up to Christmas?
No it wasn't the sound of a Santa's sleigh coming to keep you company over the festive season, but the several hundred plastic card transactions taking place per second throughout December.
There were 263 per second in 2007 and, as 57% [...]
By Linsey Knerl
Just when you thought the world of consumer product recalls was largely limited to lead-based toys, laceration hazards, and the phenomenon of exploding laptop batteries, we can now add reading materials to the potential list of “harmful products.”
Problem is, there are only so many deals on the market and tens of thousands of indebted revelers will be thinking the same thing.
Monday, January 5 is predicted to be the busiest day of the year for balance transfer searches, according to price comparison website Compareandsave.com, which has creatively nicknamed it [...]
By Linsey Knerl
Check out your local retailers for mark-downs of up to 90% off on all seasonal items.
The credit crunch is biting in the High Street, and already, well-known retailers, including Woolworths and Zavvi, have gone to the wall.
And with several more High Street chains under threat of failure in the coming months, the £3bn-a-year market for vouchers and gift cards could fall out of favour. The key message is: don't hang [...]
Why do the Customs feel they have to discriminate against us? P.T.S., Poole, Dorset
Simon Moon from This is Money replies: HM Revenue & Customs proudly announced on 1 December: 'Travellers can now bring back more than double the amount of gifts and souvenirs from outside the EU without paying UK duty.
'From [...]
Notably the now defunct Lehman Brothers 12 months ago, predicted that the FTSE 100 in 2008 would close at 7300 some 3000 points off its close of 4256 on December 22 2008.
But the group wasn't alone in its optimism. To name but two, fund manager Gartmore predicted 7200 and broker Capital Spreads 6800. [...]
After counting your votes, we have sent a Wooden Spoon and commemorative certificate to BT chief executive Ian Livingston because you have told us that his company delivered the worst customer service in the UK over the past 12 months.
We wrote to Mr Livingston with your main complaints and offered him the chance to [...]
Rewind 12 months. The credit crunch was just four months old, Northern Rock had collapsed, the US subprime market was in chaos and markets in the UK were displaying regular spurts of volatility.
The situation was less than optimal and, in short, it was about to get a lot worse.
Following its emergence from [...]
© 2008 Daily Financial News