Business and Finance world…

EU to investigate BA-AA alliance

September 1st, 2008 piotr zukowski

The European Union has opened an anti-trust investigation into a revenue-sharing deal between BA, American Airlines and Iberia.

India’s economic growth slowing

September 1st, 2008 piotr zukowski

India’s economy grew by 7.9% in the quarter to June, figures show, its slowest rate for more than three years.

Alberta still has the best labour market in North America

September 1st, 2008 piotr zukowski

But Alberta is the only province in the top 10, with U.S. states taking the other nine top spots, led by Nevada in second and Utah in third. In contrast, Newfoundland and Labrador has had the poorest performing labour market among the provinces and was in 51st overall followed by Quebec at 50.

William Kay: Skirting the issue on share fluctuations

September 1st, 2008 piotr zukowski

The planets are in rare conjunction when model Kate Moss is in tune with Peter
Hargreaves, chief executive of financial adviser Hargreaves Lansdown, but
when they are we had better pay attention.

Lenders cut rates but sub-prime borrowers continue to suffer

September 1st, 2008 piotr zukowski

Lenders have cut rates on a range of mortgage deals in a further sign that
conditions are easing in the mortgage market.

Mortgage Watch

September 1st, 2008 piotr zukowski

Buy-to-let mortgage lending has fallen by 18 per cent this year, the Council
of Mortgage Lenders (CML) said this week. There were 144,600 new buy-to-let
loans in the first half of the year, down from 176,500 in the second half of
last year.

Energy companies ‘must give poor customers a fair deal’

September 1st, 2008 piotr zukowski

The Government must force energy suppliers to use their bumper profits to help
the 5.5 million households facing fuel poverty this winter, campaigners said
today.

The safer way to take a punt

September 1st, 2008 piotr zukowski

The best investment profits often come to those who are brave enough to turn
against the herd. So while many investors are running scared, clever money
is waiting to be made by those willing to do just as others are not.

Borrowers are being stung by the time bandits

September 1st, 2008 piotr zukowski

If you have ever had a sneaking suspicion that you always seem to pay more
interest than you thought you owed, Times Money has uncovered evidence that,
unfortunately, you are probably right.

New interest in credit unions

September 1st, 2008 piotr zukowski

Credit unions, which offer savings and loans to local communities, are to be
reformed next year to encourage more people to use them.