There are a couple of scams to be on the look out for, with fraudsters attempting to steal bank and credit card details and empty accounts.
Recession Watch: JCB, Wedgwood, Land of Leather & Wincanton
More depressing news on the job front, with JCB and Wedgwood confirming many job losses, and more redundancies likely at Wincanton and Land of Leather.
Recession Watch: Nissan Redundancies, Zavvi Store Closures
More bad news on the job front today, as Nissan has announced it is getting rid of 1,200 jobs from its Sunderland factory, and Zavvi shuts 22 of its stores with immediate effect.
A Positive View Of Today’s Interest Rate Cut
A lot of media analysis of today’s interest rate cut to 1.5% has been negative, focusing on the fact that it won’t mean the banks will lend more to businesses and consumers or get more foreign investment in. But what positives can be take from today’s announcement?
Interest Rates Cut To 315-Year Low
As expected, the Bank of England has cut the UK interest rate to a 315-year low of 1.5%.
This is the first time that rates have gone below 2% since the BoE was founded back in 1694, and reflects the fears of slowing inflation and possibly even deflation.
Credit Crunch Piggy Bank
Here’s a useful new piggy bank, designed especially for the credit crunch.
Recession Watch: M&S, Barclays, Car Sales and Cattles
There are four interesting stories to do with the recession today, concerning Marks and Spencer, Barclays, UK Car Sales and sub-prime lender Cattles.
Cheap Netbooks From M&S & Next?
Reports from CES in Las Vegas suggest that highstreet retailers M&S and Next will be selling cheap netbooks from makers Asus and Elonex.
R.I.P. Woolworths
So, as of this evening, Woolworths is no more – all of its stores have finally shut.
Personal Finance Software For Linux
Linux users have been a little left out when it comes to personal finance software, but things are starting to change, and TechRadar has an extremely in-depth look at 6 of the best packages available.