Archive for October, 2009
Accountancy and Accounting Terms
Accountancy is a profession whose members are engaged in the collection of financial data, the summary of that data, and then the presentation of the information in a form which helps recipents take effective decisions. Auditing Auditing forms amost important branch of accountancy. Once accounts have been prepared, they may have to be checked in [...]
Credit Card Companies Higher Rates
Under cover of the EU payment services directive, which will come into play on the 1st November, a whole host of UK credit card companies would appear to have sneaked in a number of interest rate rises. Under the payment services directive, credit card and debit card companies have been ordered to simplify their terms [...]
NatWest and HSBC No to Credit Cards
The move follows a similar decision taken last year by HSBC and means two of the largest credit card provider are restricting access to loans – the latest example of British banks refusing to lend money to anyone but the safest customers, despite being implored to lend money to consumers by the Treasury. Those who [...]
Boliler Room Fraud
When television sound recordist Kris Kalinski got a phone call from investment firm Swiss Management Consulting, it sounded like the financial opportunity of a lifetime. The Zurich-based stockbroker was offering him the chance to buy shares in a company that were about to leap in value. “They were promising a return of more than 40%,” [...]
Credit Card Fraud in the UK
The amount of money being lost through card fraud fell by 23% in the first half of the year in the UK, as criminals changed their strategies and prevention measures began to take effect, according to figures published today. The total cost of fraud on credit cards and debit cards fell to £232.8m from January [...]
