Greek prime minister resigns...

November 07, 2011

Although the news was released that Prime Minister George Papandreou has resigned his post in order to spearhead a new ‘unified’ Greek coalition government, there are still major details missing a...

Data from services sector pr...

November 04, 2011

In what is just one more market indicator that the economy is falling steadily, there are newfound fears that another recession is imminent. Recent data released by the Markit/CIPS Index shows that th...

HMRC’s computer system fin...

October 19, 2011

According to the latest word being released by HMRC, as many as six million tax payers in the UK could be owed a rebate to the tune of £300. This is good news indeed for those looking forward to a re...

Philips Electronics Expected...

October 17, 2011

After recording a massive 85pc drop in net profit, going from €524 million to only €76 million, Philip Electronics has opted to cut at least 4500 jobs to save about €800 million in order to offs...

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