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Comet Collapse: Gift Vouchers Suspended

Comet Collapse: Gift Vouchers Suspended

  • Posted: Nov 08, 2012
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Gift vouchers for stricken electrical retailer Comet have been suspended, the chain’s administrator has confirmed.

Comet was placed into administration on Friday and gift vouchers for the stricken electrical retailer suspended on Saturday.

Deloitte, which was appointed on Friday, has launched an “urgent” search for a buyer to protect some 6,600 jobs at the 236-outlet chain.

But, as a consequence, of administration gift vouchers read more

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Comet Goes Into Administration

Comet Goes Into Administration

  • Posted: Nov 02, 2012
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Comet’s customers have been left worried about their deliveries, warranties and gift cards after its website crashed.

Due to Comet goes into administration, the electricals firm leaves more than 6,000 jobs hanging in the balance.

Following the news its website stopped working, hosting the message: “Sorry comet.co.uk is currently unavailable. Please try again later.”

Customers have been advised to keep ringing the read more

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Olympics Helps Great Britain To Get Out Of Recession

Olympics Helps Great Britain To Get Out Of Recession

  • Posted: Oct 25, 2012
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There was a better than expected growth in the Uk economy after 2012 Olympics.

Analysts today confirmed that the Olympics has grown the UK economy and strong ticket sales helped the UK exit the longest double-dip recession since the Second World War

This is the first estimate of how the economy performed in the third quarter of 2012, the Office for National Statistics (ONS) confirmed a return to growth of 1% over the read more

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The Government Promises No Expansion To Heathrow

The Government Promises No Expansion To Heathrow

  • Posted: Sep 03, 2012
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Foreign Secretary William Hague has ruled out a change of Government policy on a third runway at Heathrow, as reports emerged of plans for a new force runaway.

 The Government insists to keep elections promises by  continuing the expansion to Heathrow third runaway.

“That’s not something that this Government, this Coalition, will be doing,” he said.

“It’s important to make the right decision about this and study all the options.

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Everything Everywhere Gets Ofcom OK For 4G

Everything Everywhere Gets Ofcom OK For 4G

  • Posted: Aug 21, 2012
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The company that owns Orange and T-Mobile will launch superfast mobile internet in October, according to Sky sources, angering its rivals.

Telecoms regulator Ofcom approved an application by mobile operator Everything Everywhere (EE) to use its existing spectrum to deliver 4G.

I hope  that the 4G network that is coming out in October is much more reliable then the previous 3G network  there are still areas in the UK that customers cannot received a signal

But EE’ read more

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Manchester United Starts Trading On New York Stock Exchange

Manchester United Starts Trading On New York Stock Exchange

  • Posted: Aug 10, 2012
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Executives of Manchester United have rung the opening bell of the New York Stock Exchange, at the start of the flotation of the football club’s shares.

Co-chairmen Avram and Joel Glazer and chief executive David Gill applauded from the exchange’s iconic balcony when trading started at 9.30am, New York time.

Glazer family patriarch Malcolm Glazer was not on the balcony, however executive vice chairman Edward Woodward was at the ceremony in New York’s financial heart.

Manchester read more

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Bank Of England Lowers Growth Forecast For UK

  • Posted: Aug 08, 2012
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The Bank of England has lowered its UK growth forecast and said the economy will remain flat for the rest of the year.

After the new Bank of England assessment governor Sir Mervyn King dropped the forecast from 0.8% three months ago and 2% a year ago.

He said: “The overall outlook for growth is weaker than the outlook in May.”

Looking ahead, the bank also sharply cut its forecast for medium-term growth from 2.8% to 2.1%, citing worries read more

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Tesco Teetering On The Idea Of Launching Mortgages

Tesco Teetering On The Idea Of Launching Mortgages

  • Posted: Aug 05, 2012
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It has been announced Tesco Bank is to start offering mortgage deals from Monday.

Tesco is intending to offer mortgages to their customers. Tesco club cards . Customers will receive a point for every £4 on their monthly mortgage repayments.

It also plans to launch cash Isas before the next tax year starts, as well as current accounts to coincide with changes next year to make switching easier, giving customers a “complete read more

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Gauke Cash For Tradesmen Is ‘Morally Wrong’

Gauke Cash For Tradesmen Is ‘Morally Wrong’

  • Posted: Jul 24, 2012
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The Government strives to cut tax loopholes, Treasury minister David Gauke slams the “cash-in-hand” culture.

The public appears split over whether tradesmen should be paid cash-in-hand.

Paying tradesmen cash-in-hand is “morally wrong” because it can help workers avoid tax, a Treasury minister hasdeclared.

Exchequer Secretary David

 Exchequer Secretary David Gauke made read more

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