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Eastern European Migrants 'Shun' Recession-Struck Britain

As the prospect of life in recession-struck Britain becomes far less lucrative, the number of Eastern European migrants moving to the UK has dropped [...] read more »
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Bank Bailout to Cost Taxpayers $2 Trillion

The UK Government’s recent bailout of struggling financial giants Royal Bank of Scotland and Lloyds TSB looks set to add between £1 trillion and £1.5 trillion to national debt, figures out today have revealed. read more »
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9 Classic Banking Movies

Bankers and investors are probably among the most hated people around right now. So why not make yourself feel a bit better and watch those financial suits go bankrupt, get robbed or reveal their homicidal tendencies hollywood style! read more »
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Predicted: Worst Economic Downturn For 100 Years

The schools minister said that the recession could be worse than that of the 1930s. This could be the worst recession for a century, a close political ally of Gordon Brown has said. read more »
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598,000 Jobs Cut By US Employers in January

The worse-than-expected figures illustrate steep redundancies across all major sectors of the US workforce. read more »
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Thousands Could Have Mortgage Payments Dropped to Only $0.12 a Month

Thousands of homeowners could see their repayments cut to just 8p a month if the Base Rate is reduced again this week. read more »
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US GDP Shows Biggest Drop in 27 Years

Figures out today revealed that the US economy contracted at its fastest rate in 27 years during the final 3 months of 2008. read more »
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Over 71,000 Jobs Axed in One Day

Dubbed 'Bloody Monday' , yesterday saw the financial downturn in full force with more than 71,400 jobs axed around the globe. read more »
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Man in Jail for Accepting 120 Speeding Tickets... That Weren't His

Abdul Musa, a garage owner from Blackburn, Lancashire, today begins a 16 month stretch in jail after police discovered he was getting paid to take the blame for other people's speeding offenses. read more »
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10 Games To Get You Through The Recession

Just because world is on the verge of a horribly messy economic apocalypse doesn’t mean we can’t have fun, right? Right. However, we all know that ex[...] read more »
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Deloitte Unveils 2009 Global Predictions for Technology Industry

Key Themes Include Netbooks, Social Media and Smart Grid Technology
The arrival of netbooks as a competing PC platform, the explosion of social me[...] read more »
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Priests on Trial in $1million Embezzlement Case

Thought to be the biggest case of embezzlement affecting the US Catholic church, two priests have been taken to court over claims that they stole alm[...] read more »
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To Help Collect the Bills, Firms Try the Soft Touch

Small businesses, hit by a wave of customers postponing payments because of the recession, are struggling to find ways to come up with enough cash to[...] read more »
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Consumer Credit Counseling Service of Greater Atlanta Helps Record Number of People in 2008

Nearly 510,000 Americans received counseling, education in tough economic year
More than one-half million Americans turned to Consumer Credit Coun[...] read more »
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Investors Lose $350million in 'Mini Madoff' Scandal as Hedge Fund Manager Disappears

A Florida-based hedge fund manager Arthur Nadel has disappeared under suspicious circumstances leaving his clients empty handed. read more »
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