Business & Finance

Govt review could see state pensions privatised

Govt review could see state pensions privatised

The state pension could soon be privatised, under new government plans. In an effort to make up billions more in austerity savings, the Department for Work and Pensions (DWP) has launched a review into how it issues pension statements each year. The report – which is entitled DWP Efficiency Review, runs to over 80 pages and is marked “restricted” –[Read More…]

Barclays bank blunder will cost millions to sort out

Barclays bank blunder will cost millions to sort out

It has recently been reported that Barclays bank has leaked account details of up to 27,000 files. It is seen as the worst breach of bank data ever witnessed in banking history. There has been a cache of personal and financial details stolen and then sold onto rogue traders. When they had received the information, unscrupulous dealers used this information[Read More…]

How 99% of US citizens have been scammed by the system

How 99% of US citizens have been scammed by the system

The ordinary man and woman on the street has no chance of ‘winning’ when it comes to investment or finance, according to a new report. In a special report published by Business Insider, an investment manager said that the financial system is so corrupt that 99.9 per cent of Americans have little hope of profiting from it. The manager, who[Read More…]

France bans fracking

France bans fracking

France has recently been reported as upholding its nationwide ban on fracking due to fears the process may cause long-term environmental damage. The move follows a number of high-profile protests against the practice in Britain, where energy firms have been allowed to undergo exploratory drilling. What is Fracking? Fracking involves injecting a mixture of water, sand and chemicals into the[Read More…]

Barmy weather takes the nation by storm

Barmy weather takes the nation by storm

Thursday’s high winds could be felt as it spelt the end of the Autumn sun, and the return to below average temperatures. Over the last few days, two motorists were killed in storms that swept across Great Britain. Gales lashed out across southern England, forcing an end to the sun, and blowing away the Indian summer. Several hours later the[Read More…]