November 27, 2008
Beat the credit crunch with Swoopo, eBay & Amazon
How to bag a bargain or make a quick buck online The British love of a good bargain is legendary. We’re also renowned entrepreneurs - if such a term can include setting up market stalls, re-gifting, selling on tickets and vouchers and offloading unwanted items at jumble sales. Why else would pre-credit crunch TV schedules be crammed with items such as ‘Cash in the Attic’, ‘Flog It!’ and …
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November 23, 2008
Forgotten authors No. 15: Thomas Tryon
He had it all: charm, style, popularity, intelligence, success, and he was ridiculously handsome. Did I mention he was also dating a porn star? Tryon played the lead in the 1958 cult hit film I Married a Monster from Outer Space and would have starred alongside Marilyn Monroe in the uncompleted Something’s Got To Give. Bored with acting he thought he’d write, …
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November 21, 2008
Government’s grand plan is as good as it gets
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Two shareholder votes in the last two days should ensure grim reality returns to the discussion of what the future holds for Edinburgh-based HBOS and Royal Bank of Scotland.
Most UK lenders have failed to pass on 1.5% cut on SVRs
Fourty-two out of 51 mortgage lenders with standard variable rates on Trigold have failed to pass on the full base rate cut. …
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Two shareholder votes in the last two days should ensure grim reality returns to the discussion of what the future holds for Edinburgh-based HBOS and Royal Bank of Scotland.
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November 18, 2008
Japan faces year of recession, US automakers plead for bailout
Japan now faces a full year of recession, officials warned on Tuesday, in a protracted global economic slump that threatens big job losses and could doom the once mighty US auto industry.
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November 17, 2008
Spowart gives up trying to thwart Lloyds takeover of HBOS
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Former HBOS executive Jim Spowart has abandoned his attempt to drum up an alternative bid for the bank to keep it out of the hands of Lloyds TSB.
Tycoon gives up on his bid to find HBOS saviour
A BANKER has shelved his attempt to find another bidder for HBOS.
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November 16, 2008
Financier admits defeat in HBOS bid
A financier who tried to broker an alternative deal to the proposed takeover of HBOS has conceded defeat. Jim Spowart, who founded Intelligent Finance and Standard Life Bank, blamed UK Government ministers and a series of leaks for ending his campaign to stop the Lloyds TSB deal going through.
‘Angry Spowart throws in the towel over HBOS merger
HBOS RIVAL BID: Scots financier says politicians have put ego before the welfare of the people and jobs. financier brokering a possible rival bid for HBOS has abandoned his campaign.
Financier admits defeat in HBOS bid (ic Lanarkshire)
A financier who tried to broker an alternative deal to the proposed takeover of HBOS has conceded his defeat. Jim Spowart, who founded Intelligent Finance and Standard Life Bank, blamed UK Government ministers and a series of leaks for ending his campaign to stop the Lloyds TSB deal going through.
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November 13, 2008
Recession - the domino effect: Share YOUR story
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We could begin with Peter Sastawnyuk. The 53-year-old businessman filled his £370,000 detached home with petrol canisters, sealed the locks, set tripwires and threatened to set the place alight. More than 40 of his neighbours were evacuated from the posh cul-de-sac on the edge of the Pennines from which Sastawnyuk sent his children to be educated at private school. But the cradle of his dreams …
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November 12, 2008
Lloyds TSB marketing chief likely to take on HBOS brands
Nigel Gilbert, Lloyds TSB group marketing director, is understood to be in line for the top marketing role if the bank’s merger with HBOS goes ahead. Gilbert would take control of brands including Halifax, Bank of Scotland and Intelligent finance. It is thought that Lloyds TSB brands …
Handover turns ugly as car industry bailout row flares
An ideological battle has erupted between George Bush and Barack Obama, with the outgoing President baulking at proposals to prop up General Motors, once the world’s largest car maker, which could go bust by Christmas.
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An ideological battle has erupted between George Bush and Barack Obama, with the outgoing President baulking at proposals to prop up General Motors, once the world’s largest car maker, which could go bust by Christmas.
Heavyweight lends backing to Lloyds TSB deal with HBOS
Corporate governance watchdog Pirc is advising its institutional investor clients to vote in favour of Lloyds TSB’s effective takeover of HBOS - declaring there has been “sufficient independent scrutiny” of the UK Government-brokered deal.
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