BusinessBiscuit
History was made in Exeter High Street yesterday morning, when Avis Bentley purchased the final item of stock in Edinburgh Woollen Mill’s ‘Mega Everything Must Go Sale’.
This is thought to be the first time that everything has actually been sold in such a sale and is being acclaimed as a sign of economic recovery with Mrs Bentley, 68, becoming something of a retail heroine.
Britain’s homeless community are preparing for the switchover to the chip & pin card payment system this weekend, with some admitting that they are unhappy with the upgrade from the current spare change system.
The hi-tech system is intended to bring those living on the high street in line with High Street retailers, who switched to the system in 2005. From the weekend, homeless people and other beggars will have to use special portable card readers in order to obtain payment from passers-by and good Samaritans.
Two more U.S. financial institutions were closed December 11 by federal regulators, bringing the total number of U.S. failed banks this year to 132, the Federal Deposit Insurance Corporation said. Republic Federal Bank was the first casualty of the morning. More surprising was the announcement that officials had seized the assets of and shuttered the Bailey Savings & Loan in Bedford Falls.
Professor Richard Dawkins has once again courted controversy by questioning the long-established view, held by many, that helpful banking really does exist. Arguing against examples of homes being purchased with bank money ‘at the going rate’, Dawkins has asserted that there is absolutely no way in a sustainable model of life on earth that the concept of really good financial deals was anything more than the ‘product of deranged minds’ which simply fool far too many people into imagining that their entire existence, and that 27 inch HD TV in the living room, are viable, somehow righteous, and gifted from higher beings.
The bonfire set up at the UK treasury to celebrate Guy Fawkes night could burn for weeks if not months, insiders have revealed. The party, held in the basement, is a traditionally festive occasion with lots of Punch and Judy going on and massive fireworks when Gordon Brown gets told he can’t have another sparkler.
‘It’s wonderful isn’t it,’ said Chancellor Alistair Darling, basking in the warm glow of the fire, ‘we’ve been scooping up lots and lots of cash in preparation and were supposed to burn it all in one go. Then Mervyn turns up with another £25 billion in hundreds of wheelbarrows and now it’ll probably keep going till Christmas.’
