Life as a student, easy or what? It might be easy but by heck it’s not cheap! “The government is considering asking all but the poorest graduates in England to pay a “market” rate of interest on their student loans. As it stands all students pay a low interest rate, linked to the base rate, [...]
Virgin has beaten Sky to it’s 3D service launch by releasing it’s on demand service for 3D movies. Whereas Sky launches it’s 3D channel on Friday, 1st October and “is only available to those with a Sky + HD package, paying for top subscriptions.” Sky will argue that their service has been live since “April”. [...]
Asil Nadir returns to the UK at 69 years of age to face his multimillion-pound fraud charges almost 17 years ago. The charges affected the success of his business causing Polly Pecker to completely collapse, a very successful food and electronics empire that he built from scratch. Nadir will arrive at Luton Airport around lunchtime [...]
The number of people taking out payday loans has quadrupled since 1996, according to watchdog Consumer Focus. The problem of making your salary last until pay day has affected most people at one point in their lives, but there are now many companies that will give you a loan until the end of the month. [...]
A Citizen’s Advice report claims that an increasing number of people are being denied access to a basic bank account. Two out of 17 banks said they would not provide basic bank accounts to people who have been declared bankrupt, says the report entitled “Called to Account”. The refusal to offer even a basic banking [...]
The cost of the Gulf of Mexico oil spill has passed the $3billion barrier, according to BP. The total cost of $3.1 billion (£2billion) includes the $147million worth of compensation payments paid out to victims of the disaster, as well as the cost of containing and cleaning up the oil spill. But BP have warned [...]
£20 English banknotes featuring the image of Edward Elgar will not be accepted in shops after today. The composer has graced the £20 banknote since 1999, but has been gradually phased out since the introduction of the replacement £20 note featuring economist Adam Smith in 2007. Elgar’s image comes together with a picture of Worcester [...]
The pound has risen to its highest level since the onset of the global financial crisis. At 1.2389 euros, the value of a pound is at a 19 month high. A deadline for European banks to repay low interest loans taken out last year is causing concern for the markets, with some fearing that the [...]
The Office for National Statistics has taken the rare step of delaying the publication of the Gross Domestic Product, due tomorrow. The reliability of some of the figures has caused the ONS some concern, director general Stephen Penneck said. The latest revision of Britain’s GDP was to cover data from January to March. This data [...]
The President of the Association of Chief Police Officers will warn of the “misleading” claim that police numbers will not suffer as a result of budget cuts. According to Sir Hugh Orde, current police numbers are “unsustainable” in the face of cuts to public spending. “With 83% of the police budget being people, sadly we [...]
