By hitting a “soft” patch with the US economy, the US Federal Reserve showed itself to be in no rush to increase its interest rates, much to the relief of investors.

The US Central Bank’s rate-setting committee said a better labour market offset economic growth.

Meanwhile, the Central Bank committee said inflation still dominated most of the US’ economic growth. It also had concerns with the country’s slowed economic growth and the gloomy global economic forecast as well.

After the announcement, the dollar remained unchanged. However, investors are confident that there’s a 23 per cent probability that the Federal Reserve’s lending rate can rise in two months to June up from 21 per cent.

Investors expected an interest rate rise due to global concerns regarding the huge global equities sell-off due to the dropping stocks in China.

The Federal Reserve’s changed policy along with China’s slight recovery had helped ease investors’ concerns.

Meanwhile, US interest rates are very close to zero. Should the US economy become further undesirable, it may use “unconvential policy tools”.

Generally, analysts accept that the Federal Reserve is refraining from issuing forward guidance and is trying to ‘wait-and-see’ through the entire situation.

According to a state-of-the-nation report in Britain, the British youth are the ones who are hit with the greatest income drop and employment in recent years. The Equality and Human Rights Commission (EHRC) said the youth’s economic independence and success are barred with more obstacles when compared with other age groups.

Aside from young people born into poverty, the UK’s ethnic and socio-economic groups are falling fast.

According to EHRC Commissioner Laura Carstensen:

“While we have made important progress in many areas – and it is important to note and celebrate this – the gateways to opportunity that the Commission identified five years ago remain harder to pass through for some groups such as disabled people, those from poorer backgrounds and women over a certain age.

“It’s great to see the barriers being lowered over the last five years for some people: but during the same period they’ve been raised higher for younger people in particular. Theirs are the shoulders on which the country will rely to provide for a rapidly ageing population, yet they have the worst economic prospects for several generations.”

More Tolerant With Orientation, Inequality Present On Paper

The report indicates that the British have become tolerant with different sexual orientations in all age groups. However, inequality is still present in the workplace, particularly in pay.

People under 34 years old had suffered an average pay shrink down to £6.70 an hour. Men are still twice likely to be a manager, director or a senior official in a company compared to women.

Black people’s pay declined at almost £1.20 an hour. Sikhs now had an hourly pay of £1.90.

Facing charges for intending to ‘hack’ into his country’s financial payment system, Former Greek Finance Minister Yanis Varoufakis faces possible criminal charges. However, he maintains that creating a mirror payments system that could be used in the event of a banking collapse during a possible Greek exit from the Euro will enable the country to cancel its arrears to and from the state.

His counter-statement indicates that the European commission had controlled the Greek tax system to ‘play by their rules’, something that the EC denied, claiming his statement to be “false and unfounded”. Varoufakis said it is for this reason he considered having a team hack into the ministry’s computers to devise the parallel payment system.

The EC, along with the European Central Bank and the International Monetary Fund said it only provided the tax system with technical assistance and there was no attempt from lenders to control it according to a statement by EC Spokeswoman Mina Andreeva.

Meanwhile, Europe and Greece are on the verge of closing talks for the third bailout package of the country.

When you see Yanis Varoufakis, you might think Greece’s Financial Minister is fierce, straightforward and sometimes crude in his approach to bending Greece’s bailout package terms a bit before the EU. However, the burden he bears is the heaviest of the lot. With a country about to lose its economic potential, Varoufakis’ efforts going in vain is a lot of trouble not just for Greece but for the rest of the world.

After his Tweet made the headlines yesterday, Mr. Varoufakis might be cracking under the immense European pressure placed before him. But with the way he is handling the situation, he gains more credit from me. The EU is indeed a heavy mistress, but it has its own good points as well.

EU cannot keep saving Greece from its own economic meltdown. As Athens has less than a week to persuade EU officials to extend their bailout terms of about £5.6 billion, nerves will break and steel will shatter.

Greece’s stock market has fallen despite expectations of the Greek government defaulting on their loans. According to the Greek Deputy Finance Minister, the government is struggling to find money needed to pay wages and pensions for government employees this month.

Indeed, the Greek Financial Crisis is not one man’s burden. Varoufakis could be seen as the symbolism of Greek financial thought and resilience. The man’s patience is being tested, but he isn’t failing. He still holds hope and confidence that the country will get through soon enough.

There’s no quick-fix for gaining cash for your business. Everything must be planned right from the start. There exists a strategy to gain cash for your business in the long run, if you have enough patience and observation skills to implement new systems.


  1. Monitor Your Cash Flow

The first step to ensure that you are having enough financing for your business is to see how your business adapts to a situation financially. Small and medium-sized businesses find excitement in having huge returns and growing money quickly, but they fail to monitor that they might need more employees and larger inventories. A tight accounting system will help see all the movements in cash flow, which would help them predict their next spending and sales move.

  1. Balance

The next step is to see balance. Evaluate if your consumer terms and conditions work for your business and your consumers. See how your own terms rank against other companies in the same industry. Also re-evaluate your terms and conditions with your suppliers. You might be getting a higher rate compared to other companies.

  1. Discipline

Discipline is important when it comes to implementation and ensuring the effectivity of your business plan.  You will want to look at the volatility of sales and look at how you could improve the sales of your consumer-demanded products. Separate your regular suppliers from contractual suppliers that you might need for special moments, such as packaging for holidays or special-themed limited edition products.

The Office of National Statistics estimates that a significant rise in car registrations and UK market movement is due to PPI redresses reaching consumers on time. Research shows many households invest their money in new vehicles and even properties.

Economists said that PPI was better than quantitative easing because it allows consumers to receive the money back directly to their pockets. In QE, more money is only printed, which could produce dire economic consequences. Tax reductions and returns were also different because consumers don’t get the additional money they could use to spend on additional items.

PPI is a product designed to repay your loans and mortgages and it became notorious as banks deliberately sold ineligible customers the insurance policy. If you’d like to know more the method banks mis sell PPI, click here for expert advice.

June saw car registrations rise by 13.4% with 215,000 despite the economic recession. With clear evidence the ONS supports the fact that household spending was limited in the recent months because of banks failing to redress PPI complaints from customers.

Aside from PPI, the economic improvements was also spearheaded by the Chancellor’s Funding for Lending scheme.

Anybody with a mis sold PPI could get £3000 as an average redress. However, you may deserve more and using a PPI calculator could give you a good estimate.

Business investing is a great way to gain profits but it also comes with great risks and perils if you’re not careful. To avoid such troubles, it is important to have foresight and a keen understanding of common sense.

1. You Take Ownership
Remember, when you invest in a company, you do not only earn profit, you also assume responsibility. Depending on the size of your share, you could participate in voting for a new business move. Your stock ownership is part of your claim to the company’s assets, earnings and responsibilities.

2. Different Kinds of Business
As you will be working with businesses, every business has its own nature and if you are to put your money in one, it is important that you know a significant amount about the business. This will help you in voting, or in deciding crucial business future endeavours with a higher stock value.

3. Fears, Rumors and News
You might find that sometimes you will have to take great risks for buying or selling a stock. Stock analysts base the stock market’s behaviour based on the existing news about companies and product and service performance locally and globally. It is highly important that you are updated about company information and observe what other investors are doing to gain a foothold about the situation.

Obviously, if a deadline is proposed, the process stops, but this article will discuss what can happen to PPI claimants should the Financial Services Authority approve the proposed deadline of April 2014 next year by the British Banking Association. PPI is the most complained-about product in the United Kingdom, with banks mis selling PPI to around 3.2 million customers.

John Cridland, the director general of the Confederation of British Industry, was first to propose the deadline to the FSA. He claims that it was time the UK financial industries rebuilt their capital and aided the “real” economy of the United Kingdom. The British Banking Association backed up this proposal. The FSA considered making the deadline, but they reassured customers that all their decisions will be to the benefit and fairness to the customers.

If the PPI claims deadline pushes through, it can mean trouble for many bank call centres. The average PPI claim call centre has around 3,000 – 4,000 employees. Lloyds, the biggest mis seller of PPI, has around 6,000 personnel to handle the influx of claims. This number of employees can increase as a greater number of claims will be expected on a weekly basis, making a temporary “employment boom”.

Banks may continue to make unsatisfactory investigation on the influx of PPI claims. The great number can overwhelm their employees’ workload, causing them to automatically compensating any claim with any amount, which may or may not be unfair to customers.

You might also have a difficult time processing your claims because of the great number of PPI complaints coming in. It is also possible to see a “bottleneck” scenario as the PPI claims deadline approaches, which might possibly render the financial industry unstable. To avoid being caught up in the bottleneck, contact today and get your PPI claim underway!

Do the car brands ring a bell? Japan’s biggest and famous makers of cars that is distributed all over the world continues to boost its sales and develops more automobile designs that capture the clients wants and likes in choosing the best wheels for personal and family use.

For several years, the three companies that originated in Japan still continue to make its mark in the line of business. Cars made by each three companies are exported to different countries because of the quality that it offers the buyers.

The said brands are trusted by billions of people not only in Japan but in the first world countries like the United States and even third world countries in Southeast Asia including the Philippines, Malaysia, and Singapore import the said brands.

According to an article published on yahoo’s finance page, the “BIG Three’s” sales record in 2012 was released on Monday and the said results showed a statement that one of the big three car makers in Japan has outwitted the sales of the others. It was the Toyota Company who got the top spot. The car products of Toyota have proved and showed an increasing sale last year, making it to the World’s biggest automaker. Yahoo finance news also released exact figures of the company’s increase in sales. Coming from Toyota, its sale jump up to 22.6 percent equivalent to 9.75 million Toyota vehicles, while the tough competitors like Nissan only had 4.94 million giving it a second spot and Honda landed third with 3.81 million.

Because of the said success in sales of the three strongest automobile business in Japan, the economy have recovered from its previous disaster in 2011 that took away a lot of properties, business establishments, and decreased the sales and production of Japanese products and goods including famous cars like Honda,Nissan,and Toyota vehicles.

UK financial experts point out that payment protection insurance (PPI) is the biggest financial scandal the country’s financial industry ever committed in history. Banks had mis sold PPI to 3.2 customers in a span of ten years. According to experts, the average PPI payout is at £2750, but claims experts can tell you that banks are keeping more of your money from you. How much have you actually lost in repaying a useless insurance policy? Here’s how to estimate your losses.


1. Your First Receipt
Your first insurance billing statement is the starting point of your PPI repayments. If you have your first receipt, keep it and from the month of such year, calculate your repayments until the date you stopped paying for it.

2. Compound Interests
Your insurance probably has a compound interests table. Look at the annual or bi-annual increases your interest rates go through. Your compound interests actually lose you more money, but banks continue to hide information about the interests by telling customers they only keep six years of financial and insurance records.

A claimant named “Roberta” actually received £65,000 for two mis sold PPI in her credit cards, which she owned for more than 10 years. The high compound interests, based on the calculation of her bank, had actually increased her repayment amounts. If you could find estimate your compound interests in your PPI claims you could get the total amount for yourself as well.