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Thursday, September 25
Irish economy goes into recession
by
bewarethesharks
on Thu 25 Sep 2008 13:38 BST
The Irish Republic's economy has fallen into recession after shrinking for a second quarter in succession. The Central Statistics Office (CSO) said gross domestic product (GDP) had contracted by 0.5% in the three months to the end of June. The economy had shrunk by 0.3% in the first quarter of ... more » Tuesday, September 23
Dominic Farrell: Shares or Property and 30% Yearly Returns?
by
bewarethesharks
on Tue 23 Sep 2008 10:45 BST
Dear Investor,
Last week was a good reminder of the long-term benefits of investing in property and the disadvantages of relying upon the stock market to increase your wealth. In 1997, the FTSE 100 stood at 6150 whilst today at the time of writing (and after an 8.8% rise on ... more » Thursday, September 11
US mortgage rates weekly drop most in over 28 yrs
by
bewarethesharks
on Thu 11 Sep 2008 15:41 BST
Interest rates on U.S. 30-year fixed-rate mortgages fell by 0.42 percentage point in the latest week, the biggest weekly drop in more than 28 years, according to a survey released on Thursday by home funding company Freddie Mac. The drop, which drove 30-year fixed rates to an almost five-month low, ... more » Tuesday, September 9
Dominic Farrell: Duncan Bannatyne, Entrepreneurship and Construction of The Grove Begins
by
bewarethesharks
on Tue 09 Sep 2008 10:51 BST
Dear Investor,
I am now back after an extended summer break, refreshed and looking forward to an exciting final quarter of 2008. I would like to welcome two new members of staff. Alun Jones, a former Royal Marines Commando who has served in operations worldwide, has joined Henry’s team at ... more » Monday, September 8
Lender HSBC cuts mortgage rates
by
bewarethesharks
on Mon 08 Sep 2008 10:49 BST
Bank HSBC said it is lowering interest rates for its fixed-rate mortgage loans in response to a fall in funding costs. HSBC, the country's biggest bank by market capitalisation, is from Monday cutting its standard two, three and five year fixed-rate loans by 0.56 percentage point to 6.27 percent. The ... more » Monday, September 1
Accountants confirm effect of UK economic downturn
by
bewarethesharks
on Mon 01 Sep 2008 17:55 BST
One in five UK accountants have confirmed that their clients have been refused credit or had funding restrictions imposed in the light of the credit crunch. The findings, from a survey conducted by Invoice and Asset Based Lender, Venture Finance, provide the first real evidence that UK SMEs are starting ... more »
Recession fears push pound down
by
bewarethesharks
on Mon 01 Sep 2008 16:45 BST
The pound has hit a record low against the euro and a two-year low against the dollar amid fresh fears about the UK sliding into recession. Gloomy housing and manufacturing data and comments from the Chancellor about the UK's economic woes are to blame for the pound's decline, traders said. ... more » |
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