‘Obscene’ 10,000% Borrowing Rates

SkyNews – Borrowers are paying interest of up to 10,000% on internet-based and doorstep loans, according to a Conservative report.

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How Did India’s Enron Go Noticed?

SkyNews – Teams of Indian market regulators are going through the books at Satyam offices in Hyderabad and Bangalore to try to find out just how the multi-million-pound fraud dubbed “India’s Enron” was hidden for so long.

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JD Sports At The Top Of Its Game

SkyNews – Leisurewear retail chain JD Sports continued to raise its game over the Christmas period, reporting a 2.8% jump in sales.

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Confidence In Brown Crumbles

SkyNews – Business confidence in Gordon Brown’s handling of the economy has crumbled over the past few months, says a new poll.

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‘Obscene’ 10,000% Loan Rates

SkyNews – Borrowers are paying interest of up to 10,000% on internet-based and doorstep loans, according to a Conservative report.

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Bank Rate Cut To Lowest Ever Level

SkyNews – The Bank of England has announced a 0.5% cut in the base rate of interest, taking the cost of borrowing to the lowest level Britain has ever seen.

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Obama’s Bleak Economic Warning

SkyNews – Recession will blight the US for years to come unless billions of dollars are immediately pumped into the economy, Barack Obama has warned.

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Car Giant Axes Hundreds Of Staff

SkyNews – The North East has been dealt a major jobs blow with car giant Nissan axing 1,200 jobs at its Sunderland plant.

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Rate Cut: Who’s Passing It On?

SkyNews – More than four million homeowners will see their mortgage repayments fall after the Bank of England slashed the interest rate to its lowest ever level.

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Reassurances Over ‘India’s Enron’

SkyNews – The Indian government has rushed to reassure its worldwide business partners after the Satyam financial scandal.

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