Stock markets boost back in 2009

Since the stock market around the world, held in March, when most of the year’s lows hit in 2009 was restored.
This year, the government and central banks around the world took extraordinary measures to get their economic growth.
The Financial Times in 2009
In London, the FTSE saw the biggest since 1997, the annual gains, up 22% [...]

Huge Cash Cuts to Hit Teaching at Universities

Universities will have to make swingeing cuts after Lord Mandelson abruptly slashed teaching budgets by millions of pounds.
Deparments are expected to close, some degree courses will be axed and students will have to pay higher fees.
Academics condemned the timing of the announcement and said that the plan to claw back £135 million was a kick [...]

Credit Card Rewards Are Disappearing

Not too long ago when the economy was charging full steam ahead, banks offered exceptional rewards on their credit cards… but not anymore. Today, the rewards have shrunk and some have even tacked on annual fees.
Shorter Balance Transfer Periods
Remember when it was possible to get 0% for 15 months? Unfortunately those deals are long gone. [...]

Slump Drags on as Service Output Drops

The economy shrank by a worse-than-expected 0.2% between July and September, as Britain’s record recession dragged on. Experts had predicted a 0.1% third-quarter decline but a fall in output in the services sector dragged the economy lower, the Office for National Statistics said.
The gloomy figures confirm a sixth successive quarter of recession, with Britain’s loss [...]

Oracle and Blackberry Firstly Boost US economy

There are signs that technology sector can help to promote the United States to a more solid basis for signs of recovery.
The largest technology companies, Oracle and BlackBerry maker Research in Motion’s two – has launched a bumper quarterly earnings.
This is just great Wall Street, in two places up the company’s stock news. Now the [...]