Oil Workers on Strike
As many as 600 contractors gathered outside the Lindsey oil refinery in Lincolnshire in protest at planned job cuts while about 1200 refused to work. Total, the French group that owns the refinery, dismissed suggestions that 65 workers at risk of redundancy were being punished for industrial action in January.
Negative Equity
One homeowner in ten fell into negative equity during the first three months of the year, the highest proportion for 15 years, the Bank estimated that between 7 and 11 per cent of homeowners with a motgage owned more to their lender than their property was worth, the equivalent of 700000 to 1.1 million householders.
Nationwide Rate Rises
Nationwide Building Society is set to make increases of up to 0.86% points on its fixed-rate mortgages, with rival lenders expected to follow suit. A five-year fix is set to rise from 4.78% to 5.64%. Two and three-year fixed-rate deals are also set to jump by up to 0.61% points.
Stagecoach Splashed out for Train Contract
According to documents released by the Department for Transport under the Freedom of Information Act, Stagecoach paid almost £600 million more than the next bidder to retain Britain’s biggest rail franchise.
The transport group agreed to pay £1.19 billion for the ten-year South West Trains contract, twice as much as any of the three other bidders was willing to pay.
True Ads
Advertisements are designed to generate increased consumption of those products and services through the creation and reinvention of the brand image. They tend to exaggerate the function of the product or the quality of the service to stand out from the crowds, attract more attention and interest of the potential customers.
There are increasing number of modern advertising forms. But true advertisement is not easy to find in the market place these days. Most of the time, the lines in the advertisement are just too good to be true. For the ones who are looking to find the very best value, quality and selection via searching for the most outstanding ads, the results usually turn out to be unsatisfied.
However, there are still advertisement of some businesses that deliver simple messages and offer the customers the feeling that they are telling the truth. That’s the first impression when I saw the promotional slogan of Provillus Hair Loss Treatment, which is a FDA approval product for men and women.
The company is providing 90 Days money back Guaranteed, and free 2 months supply. The ads reads, with a sense of humour, that there is nothing to loss but a lot to gain.
Ocean Rides Wave of Optimism
There was a time when wave energy was one of the great hopes of the green lobby, providing, in theory, an endless supply of clean power. Production, however, is easier said than done and technical problems have led investors to turn their attention to windfarms and solar technology.
BP to Bid on Iraqi TV
BP, Premier Oil and BG International are expected to bid for contracts to work on Iraq’s oil and gasfields, pitting themselves against 32 other non-Iraqi companies in a televised, two-day process. The proposals will be put forward for consideration by the Iraqi Oil Ministry on June 29 and 30.
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