$75,876,000,000 is a lot of cash. But who does it belong to? We blogged recently about Apple’s latest set of successful results but if you look into the figures you’ll see a staggering amount of cash that they hold. Cashflow is a key factor for most businesses but by anyone’s reckoning $76 billion of cash [...]

Marriage – that traditional bond between man and woman where they share their journey through life. Joining in together with the good times and the bad times but above all being a symbol of ultimate love between a man and a woman. That’s all very nice but forget about all that romantic stuff, if you’re [...]

One of the ways that governments around the world have tried to kick start the economy during the recent recession has been through the reduction of interest rates. 10 years ago the Bank of England base rate was 11.38%. Today, the current rate is 0.5%. If individuals have variable rate loans or mortgages on their [...]

The professional networking site LinkedIn yesterday announced plans to raise up to $175 million (£110 million) by way of a public offering. Many of you may well be members of LinkedIn and in terms of registered users it has been very successful since it started back in 2002. Financial information about the company though has [...]

Although it’s difficult to pinpoint the exact time when wine was first made, it is commonly thought to originate from many thousands of years ago. Since then people have drunk it, enjoyed it and on occasions no doubt regretted it following an almighty hangover the following day. Over the years the methods involved in making [...]

What did you have for lunch today? Did you manage to get out of the office or did you grab a quick sandwich at your desk? If you’re a stockbroker working at the Hong Kong stock exchange then the chances are you had a rather nice long lunch. The Hong Kong stock exchange has one [...]

It hardly seems possible that the bank run on the UK bank Northern Rock happened over 3 years ago but last week some people thought that there was a similar run on the Spanish bank BBVA. A bank run occurs when a large number of people with deposits at a particular bank head to branches [...]

When I was in my teenage years, pubs in England were a very distinctive place; dark, smoky, slightly smelly, overwhelmingly male and mostly shut. A legacy of previous societal norms meant that women rarely went into pubs unless they were with men. A legacy of World War One legislation meant that drinks could not be [...]

Paul Bowtell, the CFO of Europe’s largest travel company TUI Travel will soon be able to go on a very long holiday. TUI recently announced that Mr Bowtell will leave the company at the end of the year. Why is this I hear you ask? Put bluntly, the reason is that he messed things up [...]

Although people have been gambling for a long time, the profile of the betting industry has changed dramatically over recent years. The bookmakers that were seen on many a high street seem to be gradually disappearing. People are still gambling though but the delivery method of the industry is switching to internet based gambling rather [...]