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Harsh reality

If you think times are hard here, thank your lucky stars you don’t live in Amsterdam.

The creators of reality TV series Big Brother have developed a new show in which staff at companies struggling because of the credit crunch choose which of their colleagues should be given the chop.

The programme, nicely entitled Somebody’s Gotta Go, will feature workers at failing businesses deciding who gets fired, who gets a pay cut and even which lucky employees get raises. Tough stuff indeed.

So what’s next? A Battle Royale-style game in which failed bankers are kidnapped, placed on a deserted island and forced to fight to the death or bombs strapped to their necks will kill them all anyway? Hang on, maybe we’re on to something.


A&L extends fee-free range

Alliance & Leicester Intermediary Sales is extending its range of fee-free mortgages with the launch of three and four-year fixed rate remortgage and homebuyer deals, available up to 75% LTV.

It’s counter-intuitive stupid

It’s odd really and it’s probably a bit like we stick with the same high street bank ad infinitum, not because it does everything well but just out of force of habit.I’m thinking of politicians and economists – they cock up all the time but we continue to accept their rationalisations and excuses and even […]

Two banned in FSA crackdown

The Financial Services Authority’s wave of enforcement action against brokers shows no sign of abating, with the regulator banning two more last week.

Europe: Nursery slopes

After a flat year for European equities, in which the Artemis European Growth Fund outperformed, manager Philip Wolstencroft is (cautiously) optimistic about 2016.


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