Even though internet giant Google saw profit figures for the last 3 months jump by some 28% to $925 million, against “only†$721.1 million this time last year, the stock market wanted more! Analysts in the US had expected Google to beat recent profits of $1 billion in the first quarter of 2007, a move which never happened.
While many have been forecasting a major downturn in US housing, there have been those who see no difficulties ahead, and are even forecasting more rises to come. However, it looks as though, slowly but surely, the real picture is starting to emerge. Sub Prime lending (lending to those with a low credit standing) may be about to bring down the US housing market!
Over the last few days we have seen a major escalation in the war or words between the UK authorities and Russian President Mr Putin. Not only have we recently seen a tit for tat ejection of foreign diplomats from each country, but it appears that UK business will not be well received in Russia in the future.
If you read the financial press you will see that even in the “good times†there are thousands of small businesses which “go to the wall†in their first year of trading. Many of you may be wondering what exactly drives someone to open their own business, and what are the benefits.
There are a number of reasons why some one may open a small business, which include :-
For many years now, the UK financial industry has been dominated by the mass of Independent Financial advisers. These are the people who show us where to put our money, when to cash it in and what to do with it. But are they really independent?
The last few weeks have seen the financial press, the government and seemingly every tax expert n the country turn against the Private Equity firms. These aggressive investment firms have taken some really heavy criticism in recent times, but is it justified and is it true?
