PERSONAL FINANCE NEWS June 17, 2010 £900M SPENT ON OVERSEAS CARD FEES Holidaymakers are wasting almost £900m in credit and debit card charges every year by using these cards abroad. Research by FairFX.com showed that 56 per cent of travellers don’t know what charges they incur by using their credit or debit card in an ATM abroad. Charges average 2.75 per [...]
Hat-trick hero Higuain sets Maradona on the glory trail June 17, 2010 ARGENTINA(4) vs SOUTH KOREA (1) DIEGO MARADONA lavished praise on his Argentina side after they all but sealed their place in the last 16 with a comfortable victory over South Korea at Johannesburg’s Soccer City. Real Madrid striker Gonzalo Higuain was the hero with a clinical hat-trick as Maradona’s men showed why they are many [...]
Volcker rule to hurt M&A, warn analysts June 17, 2010 THE “Volcker Rule” provision of Wall Street reform legislation being finalised by Congress would put a lid on domestic mergers and acquisitions by the largest US banks, analysts warned yesterday. Further growth through M&A would be blocked for Bank of America, JPMorgan Chase, Citigroup and Wells Fargo, said Barclays Capital analysts. “A law like this [...]
Sants backs Osborne reforms June 17, 2010 THE key to effective financial supervision is making good judgements rather than structure, Financial Services Authority (FSA) chief executive Hector Sants said yesterday. “I don’t really consider structure is the central issue. I consider making good judgements is the central issue,” Sants told the Chartered Institute for Securities and Investment’s annual conference in London. The [...]
Cameron promises engagement with Europe but warns of crucial red lines June 17, 2010 DAVID Cameron was all smiles when he began his first European Union summit as Britain’s Prime Minister yesterday?– but he warned other members not to cross Britain’s “red lines”. Cameron said he and European Commission President Jose Manuel Barroso were closely aligned. “What he [Barroso] has just said about the importance of getting our public [...]
Going through the motions June 17, 2010 Film Killers Cert: 12A When it comes to gun-toting, ass-kicking couples, Ashton Kutcher and Katherine Heigl aren’t exactly on a par with Brad & Angelina. In Mr & Mrs Smith the dynamic between the latter two was so damn hot they ended up getting married. In the new action rom com Killers, Heigl and Kutcher [...]
CITY VIEWS: IS IT FAIR THAT THE FINANCIAL SERVICES AUTHORITY WILL GO? June 17, 2010 RICHARD THOMSON | BROADCAST BUSINESS “I think it hasn’t done what it set out to do in 1997. Just look at the disasters it has had in the last few years. I think the Bank of England is the natural place for the FSA’s powers to go, but it’s too early to say whether it [...]
MPs bailed over expenses June 17, 2010 Eric Illsley, MP for Barnsley Central, has been bailed after appearing in court charged with false accounting in relation to £20,000 of expenses claimed on his second home in London. His case will be heard next month.
Lib-Cons in family task force June 17, 2010 A new Childhood and Families Ministerial Taskforce, chaired by David Cameron and launched by Nick Clegg, will aim to identify specific policy proposals which can improve life for children and families in a cost-effective way. Clegg said this morning that the proposals would remove “bottlenecks” preventing families from giving their children better lives.
Calls to teach Sex Ed at primary June 17, 2010 The National Institute for Clinical Excellence has recommended the introduction of sex education lessons for primary school students. It described sex education as “more effective if it is introduced before young people first have sex,” and should be about “the value of friendships and having respect for others,” particularly when taught to younger children.
