Archive for November, 2009

30 Nov

Perfect planning for the Christmas time

This Christmas time, if you are already struggling with your current financial situation, then you do not need to increase your worries by overspending or going overboard on what you buy. You can buy some small gift items that suits well to your budget and leave you with a smile on your face as well [...]

30 Nov

India’s economy keeps powering ahead

India's economy grew by 7.9% in the quarter to the end of September compared with a year earlier, shattering forecasts of 6.3%. Economists said it was largely down to stimulus measures that had boosted demand and bolstered manufacturing activity. It will add pressure on the central bank to raise [...]

29 Nov

Darling to widen inheritance tax net

Alistair Darling is said to be considering ditching the policy of lifting people out of the inheritance tax net.
The Chancellor wants to use next week's pre-Budget report to paint a grim picture of severe spending cutbacks over the next four years.
He is said to be determined to leave voters in no doubt about the [...]

28 Nov

Energy ’smart meter’ in everyUK home

It will also unveil plans to create an 'intelligent grid' for appliances to be turned on and off automatically, taking advantage of cheap off-peak power. The announcement, only days before the Climate Change conference in Copenhagen, aims to show that the UK is taking the threat to the environment [...]

27 Nov

How to get on the property ladder

First-time buyers are aware of the juxtaposition more than anyone. Property prices have fallen, but the deposits required to secure a purchase have risen alarmingly. Data from the property website Nestoria shows that the average prices of one and two-bedroom apartments — typical first-time buyer properties [...]

27 Nov

Bolton: China will be winner for next decade

At the end of 2007, Bolton handed over the responsibility of his hugely popular Fidelity Special Situations fund to his protégé Sanjeev Shah and took up the role of president of investments. Bolton had managed the fund for 28 years, since its launch in 1979. For those who stuck with [...]

26 Nov

Recession ‘is even worse than feared’

The Chancellor will forecast the steepest annual slump since modern records began. But he is likely to put a brave face on the outlook by declaring that Britain has finally returned to growth in the fourth quarter of the year. Last night Treasury sources indicated [...]

26 Nov

Can Twitter solve customer service hell?

One in three people affected by bad service are now turning to the internet to share their problems 'virally', according to research by consulting firm, Convergys. Annoyed consumers are turning to websites such as Twitter, Facebook and YouTube to air their views when they are unhappy with the [...]

26 Nov

Gold price closes in on $1,200

The gold spot price surged to $1,195 this morning as the dollar saw its biggest fall in 15 months, raising hopes that central banks would jump in to buy more bullion in their effort to hedge against a falling currency. Yesterday, demand was buoyed by a news report that India may consider [...]

25 Nov

Star manager Bolton back with China fund

The surprise announcement, which is likely to spark intense interest from financial advisers and investors, marks the star-fund manager's homecoming to active fund management after a two-year break. The fund will invest in China and China-related opportunities and is expected to be launched sometime in March 2010. Bolton, judged by [...]

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