Tesco Shines a Light on British Economy

Categories: Business

tesco supermarket

Tesco shines a light on British Economy In the midst of this global economic meltdown people are looking for some signs that things will be turning out better. People want to hear some good news from any part of the business sector so that at least they would have hope that things may not be as bad as it looks. As it turns out, Tesco, is that sparkling glitter of hope. Yes, Tesco, the supermarket that promises the best prices and the ... Read More

Seven English Councils given an Icy stare

Categories: Economy

Icelandic banks declining credit

Call it the cold shoulder. Or frosty reception. In any case, seven English Councils are now being accused of “negligence” due to their previous acts involving depositing money into banks that went bust soon after. While the overall amount is a measly 3% of the total cash reserves of the council, at this stage of the economy, there is no such thing as small money. Besides, the amount is about 33 Million pounds and it is surely nothing to scoff at. The amount ... Read More