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Money | Anorak - Part 20

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Money in the news and how you are going to pay and pay and pay

Why Mo Farah lost: the cost of banking regulation

File photo dated 17/08/2013 of Great Britain's Mo Farah. PRESS ASSOCIATION Photo. Issue date: Friday August 23, 2013. Mo Farah is to be the honorary starter of the Bupa Great North Run weekend. See PA story ATHLETICS Farah. Photo credit should read: Dave Thompson/PA Wire

I THINK we’re all agreed that Britain’s latest hero, Mo Farah, should be allowed to have what he wants. I think we’re all also agreed that we want to stamp out tax evasion, drub money laundering and the abuse of

Posted: 5th, September 2013 | In: Money, Sports | Comment | Follow the Comments on our RSS feed:RSS 2.0


They’re still wrong about Global Footprint Day

ONCE again we’ve the screaming about how we’re using everything up and soon ht planet will be nothing but

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Posted: 4th, September 2013 | In: Money | Comment | Follow the Comments on our RSS feed:RSS 2.0


Politicians are just too damn cheap to bribe, hire and lobby

A LITTLE story from across the pond explaining why people bother to bribe and lobby politicians (to the extent that there is actually and difference between the two acts).

So, there’s one of these nutty green things that petrol refineries

Posted: 4th, September 2013 | In: Money, Politicians | Comment | Follow the Comments on our RSS feed:RSS 2.0


Economists are better at prediction than the weathermen

OK, so this isn’t going to be an argument about stunning accuracy in anything. But we’ve two massive chaotic systems: the weather and the economy. Chaotic

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Posted: 4th, September 2013 | In: Money | Comment | Follow the Comments on our RSS feed:RSS 2.0


MP Mary McLeod entirely misunderstands the gender pay gap shocker!

mary_macleod pay MARY Macleod MP has just shown that she’s got absolutely no clue at all about the gender pay gap :

“The gender pay gap should not exist. But it does, as we were reminded today by the Chartered Management Institute

Posted: 4th, September 2013 | In: Money, Politicians | Comment | Follow the Comments on our RSS feed:RSS 2.0


You can’t have safer banks and more spending at the same time

ONE of those little conundrums of life, that you can’t have two desirable things at the same time.

I think we’d all agree that we’d like to have safer banks. You know, ones less likely to go tits up when

Posted: 4th, September 2013 | In: Money | Comment | Follow the Comments on our RSS feed:RSS 2.0


Sex sells! seriously, who knew?

sex sells

ONE of the less surprising findings from Forbes magazine this year is that the top earning author in the world is EL

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Posted: 4th, September 2013 | In: Books, Money | Comment | Follow the Comments on our RSS feed:RSS 2.0


This’ll annoy The Greenies: India needs supermarkets

IT’S a general theme here in the UK that supermarkets just ruin everything. You know the drill, you should buy your food from the local butcher and baker, patronise the high street, damn those clone towns and the industrial farming

Posted: 4th, September 2013 | In: Money, The Consumer | Comment | Follow the Comments on our RSS feed:RSS 2.0


Why Vodafone won’t pay any tax on the Verizon sale

AS Robert Peston at the BBC reports :

That said, the profit for Vodafone looks to be many tens of billions of dollars.

Which of course begs the question how much capital gains tax Vodafone will pay to the British

Posted: 4th, September 2013 | In: Money | Comment | Follow the Comments on our RSS feed:RSS 2.0


Microsoft buys out Nokia’s handset business: market freezes

The Nokia brand name is displayed on the floor of the New York Stock Exchange in New York, Tuesday, Sept. 3, 2013. On Tuesday, Microsoft announced it would pay $7.2 billion to acquire Nokia's line-up of smartphones and a portfolio of patents and services. (AP Photo/Seth Wenig)

SO. Microsoft has taken the plunge and bought out Nokia’s handset business. They didn’t pay that much for it, under £5 billion all in, which is a good insight into what a parlous state the business is in. This leaves

Posted: 3rd, September 2013 | In: Money, Technology | Comment | Follow the Comments on our RSS feed:RSS 2.0


What the Co Op bank tells us about the financial crash

PA-17071558 SO it looks like the Co Op Banks has only just managed to avoid going

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Posted: 2nd, September 2013 | In: Money | Comments (2) | Follow the Comments on our RSS feed:RSS 2.0


Fast food workers protest is the most stupid strike in history

Protestors demonstrate outside a fast food restaurant on Thursday, Aug. 29, 2013, in Los Angeles. Fast-food protests were under way Thursday in U.S. cities including New York, Chicago and Detroit, with organizers expecting the biggest national walkouts yet in a demand for higher wages. (AP Photo/Nick Ut)

IN the  US fast food workers went on strike to demand a $15 an hour pay settlement. Up from the current $8 or so they get.

The Guardian rolled out one of the strikers to tell us all what it

Posted: 2nd, September 2013 | In: Money | Comments (2) | Follow the Comments on our RSS feed:RSS 2.0


Isn’t this a surprise! Greece will need another bailout!

Supporters of the far-right party Golden Dawn hold up Greek flags and a sign that reads in German ''Merkel get out'' during a protest outside the Germany embassy in Athens on Friday, March 22, 2013. The party protested Germany's lead role in Cyprus' bailout crisis, as the island remains on the brink of bankruptcy. (AP Photo/Thanassis Stavrakis)

LOOKS like the Germans are finally waking up to reality here, admitting that Greece will need another bailout .

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Posted: 29th, August 2013 | In: Money | Comment | Follow the Comments on our RSS feed:RSS 2.0


How to make 7p a minute from cold calls

cold calls

ANNOYED by cold callers, In November 2011 Lee Beaumont paid £10 plus VAT for a premium rate 0871 line. Calls to the number cost 10p, of which he gets 7p. Mr Beaumont has made £300 from cold callers.

You have

Posted: 29th, August 2013 | In: Money | Comment | Follow the Comments on our RSS feed:RSS 2.0


Italian smuggles his factory to Poland

italian-job-original-poster

I REALLY do like this story. Bloke in Italy, company’s not making any money. And it’s Italy, so he can’t fire anybody or lower wages or anything. So, over

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Posted: 23rd, August 2013 | In: Money | Comment | Follow the Comments on our RSS feed:RSS 2.0


Have more sex: you’ll earn more money!

1284784534373_2459216 HAVE more sex to earn more money. That’s what seems to be the message of this new economics paper. People who

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Posted: 19th, August 2013 | In: Money | Comment (1) | Follow the Comments on our RSS feed:RSS 2.0


Lion starts barking in Chinese zoo

THE Chinese are known for their duplicates. Even the nation’s zoos are  trying the same tactic :

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Posted: 17th, August 2013 | In: Money, Strange But True, The Consumer | Comment | Follow the Comments on our RSS feed:RSS 2.0


BT’s really screwing up this broadband, isn’t it?

THE Guardian is ranting and railing about how appallingly BT is rolling out fast broadband around the countryside. There’s a

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Posted: 14th, August 2013 | In: Money, Technology | Comment (1) | Follow the Comments on our RSS feed:RSS 2.0


Maths offers absolute proof that Zombies don’t exist

A couple pose together, dressed as zombies attend the Zombie Walk in Belgrade, Serbia, on Saturday, Oct. 20, 2012. (AP Photo/Darko Vojinovic)

AN interesting little piece of mathematics here which should be, but isn’t, used to show that zombies cannot possibly exist. The point being that they show that there’s no

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Posted: 14th, August 2013 | In: Money | Comment | Follow the Comments on our RSS feed:RSS 2.0


Neoliberal globalisation is making those exploited foreigners richer than us

MAKING people rich that is, that’s the justification for all this neoliberal globalisation stuff. And it works too:

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Posted: 14th, August 2013 | In: Money | Comment | Follow the Comments on our RSS feed:RSS 2.0


How can we tax Amazon’s Profits if Amazon doesn’t make any profits?

File photo dated 26/04/13 of the Amazon logo on a package as the online retail giant has broken advertising regulations with a description of a book promoting a vaccination-free childhood, the regulator has ruled.

YOU’LL have seen all the furore about how Amazon are such bastards for not paying any taxes on their vast profits made by selling us stuff for cheap. You know, there’s shouts from the supermarkets that there should be a

Posted: 7th, August 2013 | In: Money | Comments (2) | Follow the Comments on our RSS feed:RSS 2.0


Real Madrid and Barcelona: Buying Spurs Gareth Bale and other stars is part of a tax scam?

THIS tax story is really getting out of hand: they’re insisting that Real Madrid and Barca are tax scams now :

Those four are Real Madrid and Barcelona, who also take around 50 per cent of La Liga’s total television

Posted: 7th, August 2013 | In: Money, Sports | Comment | Follow the Comments on our RSS feed:RSS 2.0


How cutting bankers’ bonuses buggers up bankers’ pay

ONE of the odder parts of the furore over the banks, greed, financial crashes and what causes them is this idea that if we cut bankers’ bonuses then everything will be better. The problem with this idea is that everything

Posted: 6th, August 2013 | In: Money | Comments (3) | Follow the Comments on our RSS feed:RSS 2.0


Fracking madness: In what way is a higher than normal tax rate a tax break?

Anti-fracking protesters at Balcombe, East Sussex, as fracking firm Cuadrilla tries to move equipment on site for exploratory drilling for oil.

I HAVE to admit that there are certain minds that I just cannot worm my way into. Just cannot grasp what is going on in the minds of

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Posted: 4th, August 2013 | In: Money | Comment | Follow the Comments on our RSS feed:RSS 2.0


Apple’s still being complete bastards to the Chinese workers

APPLE’S being complete bastards to Chinese workers. Well, so says a new report out today from China Labor Watch: Apple’s still being entirely bastardly towards the workers in China that make so much of their kits. After all that stuff

Posted: 4th, August 2013 | In: Money, Technology | Comment | Follow the Comments on our RSS feed:RSS 2.0