Monday 5 January 2009

Something for those who depend upon their savings

David Cameron announced a specific approach today that will help those who depend upon their savings. Once upon a time if he put forward a useful idea the then Chancellor would pinch it. For savers sake I hope the current Chancellor will pinch this one.

Woolworth,Wedgewood and Waterford..Happy New Year?

Our local Woolies closed its doors for the last time twelve days ago. Pontefract has another space to fill on the Market Place. Nationally we are hearing of more and more organsiations in financial peril and this morning the parent of Waterford and Wedgewood are looking at options. Whatever else we will face in 2009 we will see some of our best known names slip away, either as a result of financial failure,takeover or mergers. Hopefully we will see things get better before to long.