A scheme to help Scottish students undertake overseas work placements and allow Scottish business to benefit from foreign students’ expertise is to be extended. £250,000 will be granted to the International Association for the Exchange of Students for Technical Experience (IAESTE) – which arranges global work experience placements for undergraduate students and recent graduates in [...]
Honda have today announced that, due to the economic downturn, they are no longer able to continue to participate in Formula 1 racing. Their president, Takeo Fukui, issued the following statement:
“We, Honda Motor Co. Ltd., have come to the conclusion that we will withdraw from all Formula 1 activities, making 2008 the last season of [...]
The saddest thing so far to come out of the recession is the news that Woolworths is likely to have to sell off its High Street stores for as little as £1. Once the stalwart of every town centre, the place to get absolutely anything and everything you needed; from tights to tatties, record albums [...]
New government figures have emerged that claim women working in full-time employment will earn an estimated £369,000 less than their male colleagues over the course of their working life. According to the report from the Office of National Statistics, men are currently paid 17.1 percent more than women in full-time employment – a slight increase [...]
Sir Victor Blank annouced today an unprecedented merger deal between Lloyds TSB and HBOS, at a cost to Lloyds of £12billion pounds. It is a sign of the extraordinary circumstances surrounding this event that Lloyds has been able to buy out a much larger rival bank, and create a mega-bank that would normally have the [...]
Put 5000 bankers in a big circle , with no chairs in the middle, and get a fat lady to sing the following words to the tune of a well known sea shanty:
“what can you do with a sunken banker?
what can you do with a sunken banker?
what can you do with a sunken banker, now [...]
The tour operator XL has gone into administration at 1.00am[UK time], leaving around 90,000 passengers stranded abroad. According to the administrators, Kroll, the company was falling apart over the last ten weeks and yet the workforce were not told and passengers were still booking at the start of this week. In fact the administrator just [...]
