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Credit card rates to be dropped says Brown

Gorden Brown today ordered that credit and debit card companies cut their interest rates as rates had been increased, it was discovered that rates high increased even though the cost of borrowing had fallen. They plan to have talks with credit card companies to re design on how they lend and to get them to [...]

Honda to close for two months

Plans announce today by Honda, to halt production in one of the UK plants for up to two months. With the global break down in finances and production Honda reveal that they will be closing a production plant in Swindon for up to two months from next year, the dates said to be between February [...]

Yahoo loses out to Google

The co founder of Internet company Yahoo Jerry Yang co-founded Yahoo 13 years ago while a graduate student at Stanford university. Has had to stand down after the company reportedly lost $20 Billion, around £13billion off the value of Yahoo.  The founder Jerry Yang Joined back with Yahoo in June last year pledged to win [...]