Topshop supremo Jane Shepherdson has resigned, following reports of a row with Arcadia boss Philip Green over his drafting in of model Kate Moss
Category: Aggregator
This Is Money: Big Brother’s ‘blatant Rip-off’
The premium rate services regulator has slammed C4’s Big Brother for a ‘blatant rip-off’ in which viewers were misled into calling its premium-rate phone lines
Motley Fool: Pay As You Drive Car Insurance
Finally, after two years of trials, a new type of car insurance product from Norwich Union is available to all from today. Probably any well-adjusted human being would find this terribly boring, but not me! Thankfully for you Fools, I’m geeky enough to actually find this interesting, as it should suit a lot of you and hopefully reduce your premiums.
Motley Fool: Why Mortgage Affordability Matters
The Council of Mortgage Lenders recently announced that the average first-time buyer was now borrowing 3.24 times their income when getting a mortgage – the highest income multiple level ever recorded. But being offered just over three times your gross salary isn’t much use if you live in an area where house prices are rather higher than that.
This Is Money: Oil Jumps As Opec Announces Cut
Oil jumped more than a dollar to above $60 after an OPEC delegate said today the cartel is about to cut output imminently to prop up prices
This Is Money: Black-box Car Cover Goes Live
Low cost pay-as-you-drive cover will appeal to many, but is letting your insurer know where you are, 24 hours a day, a price worth paying?
This Is Money: Ford Fiesta Tops The New Car Chart
The Ford Fiesta was the best-selling car in the number-plate-change month of September, the first time it has topped the chart since March 2000
Motley Fool: Private Equity For Private Investors
Private Equity has become increasingly fashionable in recent years and some investors have made chunky returns. Debenhams (LSE: DEB) is a particularly well known example. Its share price was languishing in 2003, so a consortium of private equity funds took the company private only to sell it back to the stock market three years later, having more than trebled their original investment.
Motley Fool: Halfords Gets A Boost
The fun thing about buying shares in retailers is that you can walk in and inspect your potential investment. Whether this is actually a useful exercise is debatable, as we run the risk of assigning too much significance to the factors we can see or easily imagine — the so-called ‘availability bias’. But it is hard to resist.
This Is Money: Bank Gives Rates A Rest
The Bank of England has put off its next rate rise at least one more month as it kept the base rate on hold at 4.75% today