UK Credit Cards

(AFX UK Focus) 2010-03-01 09:04 INSTANT VIEW 1-Swedish economy slips back into recession
STOCKHOLM, March 1 (Reuters) – Swedish gross domestic product unexpectedly contracted 0.6 percent in the fourth quarter to record a second consecutive quarterly fall and send the economy back into recession, figures showed on Monday. Fourth-quarter GDP was expected to have increased by 0.3 percent during the quarter. On a year-on-year basis, GDP was down 1.5 percent from a year earlier versus …

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(AFX UK Focus) 2010-03-03 13:39 Spain govt, opposition start talks on economic plan
MADRID, March 3 (Reuters) – Spain’s Socialists met with the conservative opposition on Wednesday in the first round of cross-party talks aimed at reaching a joint deal on reforms to lift the economy from its worst slump in half a century. The government has said urgent, and mostly unpopular, structural reforms should be reached through general consensus, though has warned it would take matters …

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(AFX UK Focus) 2010-03-03 12:24 German wages fall for first time in modern history
BERLIN, March 3 (Reuters) – Average wages in Germany fell for the first time in the country’s modern history as the economy sank into recession last year, the Federal Statistics Office said on Wednesday. German workers earned 27,648 euros ($37,370) on average in 2009, down 0.4 percent from 27,751 euros a year earlier, it said in a statement. This marked the first drop since the Federal Republic …

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EU finance chief Olli Rehn says Greece must make additional spending cuts
ATHENS, Greece – European Union Finance Commissioner Olli Rehn says Greece must make still more spending cuts to get out of its debt crisis. Rehn is in Athens Monday, after officials from the EU and International Monetary Fund inspected Greek public finances last week.

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Eurozone finance head tells Greece to step up pace of reform
The man who heads eurozone finance has told Greece it must step up its spending cuts.

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(AFX UK Focus) 2010-03-01 05:23 Glance-Market Chatter — Corporate finance press digest
BANGALORE, March 1 (Reuters) – The following corporate finance-related stories were reported by media on Monday:

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UK government programs need to be reevaluated
Many UK government programs are costing a fortune while producing very little returns.

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(AFX UK Focus) 2010-02-26 13:45 NYC economy expands in Feb to best level in 3 yrs-NY ISM
NEW YORK, Feb 26 (Reuters) – Business activity in New York City expanded in February to its best level in more than three years, according to an industry report released on Friday.

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(AFX UK Focus) 2010-02-25 09:40 China c.bank says 2010 more complex for economy
BEIJING, Feb 25 (Reuters) – China’s economy will face more complex challenges in 2010, the central bank said on Thursday, repeating a stock phrase that it has used over the past year. In a statement on its website, the People’s Bank of China outlined how it will contribute to the country’s annual ceremonial parliament, which begins meeting next week.

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(AFX UK Focus) 2010-02-26 16:24 CANADA STOCKS-TSX rises moderately after early seesaw
TORONTO, Feb 26 (Reuters) – Toronto’s main stock index seesawed on Friday morning before heading higher as investors weighed stronger resource prices against mixed U.S. economic data. The U.S. economy grew a touch faster than initially thought in the fourth quarter, soothing recent concerns about the strength of the rebound. However, economic data that showed the U.S. housing market has not yet …

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IT education funding squeeze threatens to derail UK recovery
Angelica Mari, Computing , Tuesday 23 February 2010 at 11:29:00 Budgetary constraints are hindering universities’ ability to produce the type of IT-savvy graduates the UK will increasingly need to compete in the global economy, writes Angelica Mari Despite the UK government’s pledge to prioritise the teaching of technology, universities fear that funding cuts will leave them poorly equipped to …

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(AFX UK Focus) 2010-02-26 15:04 US Midwest business expands more than expected in Feb
CHICAGO, Feb 26 (Reuters) – Business activity in the U.S. Midwest expanded more than expected in February, a report showed on Friday. The Institute for Supply Management-Chicago business barometer rose to 62.6 in February from 61.5 in January. Economists forecast the index at 60. A reading above 50 indicates expansion in the regional economy. The employment component of the index fell to 53 in …

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(AFX UK Focus) 2010-02-22 04:48 UPDATE 2-Japan finmin needles BOJ on inflation targeting
By Stanley White

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(AFX UK Focus) 2010-02-22 04:49 Nikkei hits 3-wk high as gains in U.S. stocks reassure
By Aiko Hayashi

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(AFX UK Focus) 2010-02-22 04:07 UPDATE 1-FEATURE-Bitter winter puts Mongolia in bind over mining
By David Stanway

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(AFX UK Focus) 2010-02-19 16:45 UPDATE 1-Ukraine Jan GDP up 7.5 pct yr/yr – c.bank
KIEV, Feb 19 (Reuters) – Ukraine’s gross domestic product (GDP) grew by 7.5 percent in January 2010 year-on-year, the central bank estimated on Friday. Ukraine’s State Statistics Committee has published only quarterly GDP figures since the beginning of 2009 and no official GDP figure for January last year has been published. As a whole, Ukraine’s economy shrank 15 percent in 2009, the worst …

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(AFX UK Focus) 2010-02-18 18:40 WRAPUP 3-U.S. jobless, price data fan concerns on economy
By Lucia Mutikani

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(AFX UK Focus) 2010-02-18 18:39 WRAPUP 3-U.S. jobless, price data fan concerns on economy
By Lucia Mutikani

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(AFX UK Focus) 2010-02-09 16:05 UPDATE 1-Summers: U.S. economy on mend but has ways to go
WASHINGTON, Feb 9 (Reuters) – Top White House economic adviser Lawrence Summers said on Tuesday that the job market was stabilizing but the economy still had a long way to go to return to health. “Clearly, we’ve got an economy with many people out of work who don’t need to be,” Summers told CNBC in an interview. “There’s no question that the growth rate will fluctuate from quarter to quarter and …

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Strong growth in UK manufacturing
UK manufacturing output grew at a stronger-then-expected rate during December, official figures show.

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(AFX UK Focus) 2010-02-09 12:46 UPDATE 1-MillerCoors Q4 slides, warns of tough economy
LONDON, Feb 9 (Reuters) – MillerCoors, the second-largest brewer in the United States, on Tuesday reported a 21.6 percent slide in fourth-quarter net income reflecting a tough economy and a sharp rise in share-based salary bonus packages. The combined U.S. operations of SABMiller Plc and Molson Coors Brewing Co with brands such as Miller Lite and Coors Light, said underlying net income in the …

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Small banks’ bad loans ratio inches up as core lending contracts
The non-performing loans (NPL) ratio of the country’s small banks stayed low in the third quarter of last year, the Bangko Sentral ng Pilipinas (BSP) said at the weekend.

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Bailed-Out Mortgage Giant to Buy Back Bad Loans
Taxpayer-owned Freddie Mac said Wednesday it will buy back an unspecified amount of troubled loans contained in securities it has already sold to investors.

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(AFX UK Focus) 2010-02-10 14:23 Freddie Mac to start buying out delinquent loans
NEW YORK, Feb 10 (Reuters) – Freddie Mac, the second largest purchaser of U.S. mortgages, said on Wednesday that it would begin buying delinquent loans from its mortgage securities pools. The government-controlled company said it would buy substantially all mortgage loans that are at least 120 days delinquent from its fixed-rate and adjustable-rate securities.

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(AFX UK Focus) 2010-02-09 22:55 US Republicans see no vote this week on economy bill
WASHINGTON, Feb 9 (Reuters) – Senator Jon Kyl, a member of the Republican leadership, said on Tuesday he does not see a vote this week on a possible bipartisan bill to stimulate the economy. “Something might be written this week to go out as a draft to everybody. But it will not be acted on this week. No way,” Kyl told reporters, adding that Republicans needed more time to study the provisions …

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Bank of England cuts growth forecasts for UK economy
Mervyn King, the Bank of England Governor, expects the recovery to be fragile.

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(AFX UK Focus) 2010-02-10 13:30 UPDATE 1-UK lawmakers: EU hedge fund plan threatens economy
By Huw Jones

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Product Description
Focus on Personal Finance is a brief, 14-chapter book, covering the critical topics in Personal Finance courses. This 4-color, paperback text is designed and written to appeal to a range of ages, life situations, and levels of financial literacy.

A unique aspect of this text is its active approach. This text will not only get your students thinking about their current situation and financial goals, but also to put these in writing to use as a guide and revise over the course of their lives. The more a student involves themselves in the assessments, exercises and worksheets provided, the more they will discover about their current habits and how to improve them for greater financial freedom.

Students have many different financial goals, but none are more important than having a basic understanding of financial issues and peace of mind with regard to their decisions. The ultimate goal of Focus on Personal Finance is to get students to this point as a first step to achieving the many financial goals they have set for themselves.

Focus on Personal Finance

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