The Financial Trumpet

What Can Banks Do to Make Banking More Helpful?

Wed, 22 Sep 2010 17:18:42 -0400

What Can Banks Do to Make Banking More Helpful?:

This week I thought I’d throw a question out to our readers. In recent years banks and financial institutions have implemented a series of programmes aimed at providing customers with more helpful…

Bugle Q&A – What is Quantitative Easing?

Thu, 19 Aug 2010 23:23:10 -0400

Bugle Q&A – What is Quantitative Easing?:

First of all let me thank Sharon from Suffolk for writing into the Bugle and asking some great questions about the tricky subject of quantitative easing, otherwise known as QE. Before we step into…

Is the UK Heading for a Double Dip Recession?

Wed, 18 Aug 2010 18:03:19 -0400

Is the UK Heading for a Double Dip Recession?:

Politics is a risky old game. One slip up, one misspoken statement, one outspoken burst and you can soon find yourself out on a limb, with no party, or association behind you, alone and in the full…

Can the EV Save the Auto Industry?

Tue, 17 Aug 2010 11:23:28 -0400

Can the EV Save the Auto Industry?:

Industries often go through up and downs. During a recession of this magnitude things were always going to be difficult for the manufacturing sector, especially for those making high-end luxuries….

The Bugles Friday Mash-Up

Fri, 13 Aug 2010 14:58:26 -0400

The Bugles Friday Mash-Up:

Number one on the Bugle mash-up this week is the announcement by Defence Secretary Dr. Liam Fox that the MOD has an ‘unfunded liability’ of £37bn over the next 10years. During a statement Dr. Fox…

Discount Holidays Rise as the European Tourism Industry Struggles.

Thu, 12 Aug 2010 14:57:17 -0400

Discount Holidays Rise as the European Tourism Industry Struggles.:

For most European countries, tourism is a lifeline… In today’s modern global economy countries like Spain and Greece simply cannot do without what has become, within the last decade, their primary…

Do People Really Switch Their Current Accounts?

Tue, 10 Aug 2010 15:06:35 -0400

Do People Really Switch Their Current Accounts?:

People often have strange allegiances to things in life; sometimes it’s for a football team, or a supermarket, generally people stay true to a particular brand. This kind of loyalty is often…

House Prices set to Fall…

Tue, 10 Aug 2010 09:10:44 -0400

House Prices set to Fall…:

Today the Royal Institution of Chartered Surveyors (Rics) announced that house prices have started to and will most likely continue to fall this year. This month Rics detected a downward trend in the…

Is BP Back on it’s Way to the Black?

Mon, 09 Aug 2010 15:02:54 -0400

Is BP Back on it’s Way to the Black?:

On the 22nd of April disaster struck the Gulf of Mexico after a failsafe valve on the Deepwater Horizon rig malfunctioned, causing the platform to catch on fire and precipitating the biggest oil…

The Rise of the People’s Car

Mon, 09 Aug 2010 15:02:54 -0400

The Rise of the People’s Car:

Adolf Hitler is not generally renowned as a man of good ideas, in-fact completely the opposite is true, but in 1933 the leader of the German Nazi party had his one and only, decreeing that the Third…

Are Your Savings Safe?

Thu, 05 Aug 2010 09:54:45 -0400

Are Your Savings Safe?:

Now most people like myself, tend to live from paycheque to paycheque, often dipping in and out of our overdrafts like a bungee jumper in a ravine. Once you start on that slippery slope it can be…

UK Banks Return to Profit.

Wed, 04 Aug 2010 10:46:59 -0400

UK Banks Return to Profit.:

Roughly two and a half years after the virtual collapse of the western financial banking system, things appear to be well and truly back on track. This week the UK giants of the banking sector have…

Bad Northern Rock Profits Rise to £300+ Million

Tue, 03 Aug 2010 12:08:45 -0400

Bad Northern Rock Profits Rise to £300+ Million:

The new Northern Rock Assets Management, or NRAM for short, today announced pre-tax profits of £349.7m for the first six months of the year. NRAM was formerly part of the Northern Rock group, but in…

Calling all Financial Guest Bloggers and Writers

Fri, 30 Jul 2010 11:20:45 -0400

Calling all Financial Guest Bloggers and Writers:

Write A Guest Blog Post Calling all guest bloggers, financial gurus and men & women of common sense! Rick’s Bugle is marching forwards and we’re looking for people to march with us. The Bugle is…

The Bugle’s Fiscal Rules

Thu, 29 Jul 2010 11:52:44 -0400

The Bugle’s Fiscal Rules:

First of all I will restate the fact that I am not a financial advisor, nor do I make any pretence to be. I do not have a degree, or qualification, in finance and neither do I want one. I make no…

Interest Rates To Stay At All Time Low

Thu, 29 Jul 2010 11:52:44 -0400

Interest Rates To Stay At All Time Low:

Old Merv the King and Chancellor of the Bank of England today hinted that interest rates would continue to stay low for the foreseeable future. In a meeting of the House of Commons’ Treasury…

abelsanchez: SERIOUSLY! Hasn’t the economy affected tourism...

Thu, 29 Jul 2010 07:35:15 -0400

abelsanchez:

SERIOUSLY! Hasn’t the economy affected tourism enough??? Do we really need this kind of a beach deterrent?!?!?

Dept. of Defense can’t account for 96 percent of the $9 billion for Iraq Reconstruction Fund

Thu, 29 Jul 2010 07:32:03 -0400

Dept. of Defense can’t account for 96 percent of the $9 billion for Iraq Reconstruction Fund:

technipol:

“Yesterday, the Special Inspector General for Iraq Reconstruction (SIGIR) released its findings on how the money was spent from a special Iraq reconstruction fund set up by the Department of Defense (DOD) between 2003-2007. The account used Iraqi oil money to fund the reconstruction of Iraq. SIGIR concluded that 96 percent of the $9.1 billion the reconstruction program cannot be accounted for by the DOD.”—Think Progress

I Removed the Tag: Tax cuts for rich=FAIL

Thu, 29 Jul 2010 07:29:00 -0400

I Removed the Tag: Tax cuts for rich=FAIL:

Can people please stop buying into the fallacy that taxes on the well-off somehow are “job killing”?

The Congressional Budget Office delineated what the most cost-effective strategies would be for stimulating the economy and creating jobs. Guess what? Tax cuts isn’t one of them.

$1 million in…

Zomg There's No Money Left...

Thu, 29 Jul 2010 06:21:02 -0400