Destruere

I am looking around for a new car at the moment and came across a great website.

The finance centre of the motors today website shows a lot of the information you need to get car finance. The webpage shows the current loan rates of some of the biggest providers of car loans. You can also apply through the website. It gives you a quick and easy glance at all the big lenders rates without having to go through each website individually or using a comparison site that requires personal details and financial backgrounds.

The site also provides information on different car insurance quotes for the different makes and models of car you are looking at. Its a great website and anybody who is looking for car financing I would strongly recommend it to.

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After the recent cut in interest rates house prices have gone on the rise.

Even thought the interest rates were cut by only 0.25% house prices have responded by rising. This rise will be down to the lenders being able to offer more mortgages to more people.

As I am house hunting this is bad news. House prices are already over inflated and with interest rates high it makes buying a house a bigger problem than normal. I’m unclear on how most people can afford a decent house on moderate salaries without cutting lifestyles to a complete minimum.

I’m hoping to wait on house buying until the market crashes or repossessions become common place that its easy to pick one up cheaper than normal rates.

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A London nightclub (Movida) has released a cocktail costing a whopping £35,000!!

Called Flawless the cocktail will be served in the nightclub which is located in the west end of London, which is a popular hangout for footballers and celebrities.

The cocktail is made up of:

• Louis XII cognac
• Cristal Rose champagne
• Angostura bitter
• Brown Sugar

Its topped with flakes of 24-carat edible gold leaf.

The price tag come from the 11-carat white diamond ring which is placed into the glass.

If you can afford £35,000 on a single drink you need your head checking, even if your bill gates that is still expensive! Give the money to charity!

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Roman Abramovich has purchased a 40% stake in Highland Mining for £200 million. Many russian billionaires have started investing in gold companys.

Another 4 people who are all on russia’s rich list all have stakes in gold mining companies.

Yesterday Highlands shares went up 175p. Maybe I should be looking to invest?

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As with every Christmas the Guinness book of records is selling well. However, the company that owns the brand has put it up for sale with a £60 million price tag.

I have many of these books, I am never amazed by the weird and wonderful things that people will do to get into the book. I also think that some of the records in the book are just stupid, but its the wierd things that make it sell.

I am trying to get in, there is a group on facebook that is trying to get to 3 million members. Once it does, we can apply for a certificate and get listed. I’m hoping its not false.

I would really love a certificate.

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The FSA (Financial Services Authority) today announced a review into 77 companies websites produced some astonishing results.

25% of the websites didn’t provide clear and unbiased information. The FSA also stated the websites were difficult to use.

“For many people the internet is the channel of choice for shopping around for financial products,” said Dan Waters, director of retail policy and themes at the FSA.

“It is so important that firms’ websites are fair, clear and not misleading,” he added

The FSA will review the websites again in March and said if the websites were to remain substandard they will take action.

I recently read that companies who update and redesign their websites regularly see increases in sales when compared to those that do not update or redesign regularly.

I agree that a redesign does help, however, it has to be done and planned out. I have seen and worked with companies that rush into a website redevelopment and do not plan and think about the uses or how users currently use the website.

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A & L’s share rose today by a whopping 12%. This was on the news that their fall out from the credit crunch was only £55 million.

There were thoughts that the bank would have to right off around £200 million in sub-prime debts but this is not the case. There was also talk of them selling off their mortgage book to fund the short gap.

I have been impressed with A & L’s rebranding and I believe the money has been well spent. The bank has reinvented itself and now appears modern and less of the stuff old people bank it was before.

The credit crunch will continue to hit banks hard, I’m sure we haven’t heard the last of this.

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According to Abbey around 7.7 million people are looking to colidate all their credit card debts onto a single card.

22% of adults currently have 3 or more credit cards and typically at least one card they have not used over the past 12 months!

I personally have 1 credit card (Capital One), which has a great rate and I am more than happy with. I am aware that it is possible to juggle around all your balances to ensure that you do not get into great debt, but I just don’t need to do that.

I have a good control over my finances and try not to spend on things I cannot afford. Its easier than it sounds I know, plus I dont have some of the financial burdens that other people have.

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Sir Richard Branson, the UK’s most famous entrepreneur could earn upto £200 million just from re-branding the stricken mortgage lender.

By using the virgin money brand name northern rock would pay a percentage of the annual revenues as part of a 20 year deal.

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Matt Ridley has quit as chairman as Nothern Rock. This is following the company’s disastrous financial situation Matt Ridley was forced to step down.

He has been replaced by Bryan Sanderson, the former chairman of Standard Chartered. He will now review plans for the companies revival.

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