Offset mortgagers save 1.9bn, figures show People signing up for an offset mortgage have saved £1.9 billion in interest over the last two years, figures have suggested. Full Article…
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Offset mortgagers save 1.9bn, figures show
Anxieties over Italy and Spain drag the market down
Shares in Britain’s banks dragged the London market down, amid fears Italy and Spain could follow in the footsteps of Greece and Ireland.
Concerns the two nations could require an EU-funded bailout caused investors to flee risky assets.
By lunchtime, the FTSE 100 Index tumbled 91 points to 5837.3 and had been down 120 points at one stage, with jitters over the exposure of banks to sovereign debts causing Lloyds to fall by 0.8p to 44p, while Barclays lost 6.1p at 227.7p and Royal Bank of Scotland dipped 0.3p at 35.4p.
Meanwhile, the Dax in Germany and the CAC 40 in France fell more than two per cent.
Aviva, which generated sales of more than £1bn from operations in Italy and Spain in the first three months of this year, dropped 8.6p to 410.49p. The euro was hit by the debt fears, falling against most currencies.
“The risk of a major eurozone bank collapsing cannot be ruled out and this threat would only heighten a ‘Lehman-style’ moment,” said Neil MacKinnon, a strategist at VTB Capital.
Britain’s exposure to the Italian economy was£43bn at the end of March, according to Bank of England figures. British b
Pan Asia advances TCM coal project
Pan Asia Corporation has announced a formal agreement with underground mining group KOPEX to undertake a final feasibility study on its TCM coal project in Indonesia.
Perth-based Pan Asia also said it had appointed Palaris Mining as its independent adviser to the study.
The TCM project has a current resource of 52.20 million tonnes, comprising 22.04Mt of indicated coal resources and 30.16Mt of inferred coal resources.
The final feasibility study is scheduled to be completed by the first quarter of next year.
“Its outcome should prove to be one of the catalysts that significantly rerate the company,” Pan Asia chief executive Alan Hopkins said.
“Additional drilling and test work has already started and we look forward to the resource updates to come.”
At 1:00PM (WST) Pan Asia stock was down 7.4 per cent, at 12.5 cents.
Are petrol prices bringing your business to a standstill?
While the 3p rise in duty is the last thing small businesses need to worry about, now could be the best time to ditch the car and try out conference calling. Cutting out unnecessary travel can help reduce those future petrol bills, plus help with productivity and improve employees’ work-life balance.
Over the phone, internet or via video, conference calling no longer means participants need to huddle around one loudspeaker. Up to 40 people can join one call direct from their desks no matter if they’re in the same city, county or country.
Still not enough? Why not try out web conferencing, which lets participants share, view and discuss documents and presentations in real time.
Timely, efficient and more productive than hours in the car, conferencing could be just what your business needs to save money.
8 Ways to Make Every Employee a Salesperson
Every small business owner faces the challenge of selling more—and these days, we’re all trying to do that with less. How can you achieve your sales goals without busting your budget? In this guest post, author and entrepreneur Patricia Sigmon shares 8 tips adapted from her new book, Six Steps to Creating Profit.
Are you looking for new ways to address the problem of flat sales and low profitability at your company without spending a dime? The solution greets you every morning when you arrive at work. Its your employees. Since every employee needs full buy-in to the company that supplies his or her paycheck, its natural for you to put each of them to work promoting your products and services.
Regardless of their position or job description, theres an opportunity for all levels of workers to be salespeople, ambassadors, promoters and cheerleaders for your companyand boost your profits and sales revenues in the process.
Here are 8 ways to make sales and profit promotion part of every persons job description.
1. Cre
Cashing In On The Dog Tag Trend
Personalized tags are not limited to your dog or military personnel, it is a trend that has been around for some time. Whether you want to wear them as a necklace or use them to keep track of luggage, there is a market for the product. X=Tag is at the head of the market with their dog tag vending machines.
Whether you want something for yourself, your friends, your luggage, or your dog, the vending machines make it easy for your to put in your money and choose the custom information you want etched into the metal. There is no long mail in or wait system for your product. Like any other vending product, you will receive your product almost instantly. For the right entrepreneur, they also offer a unique opportunity to buy these machines for placement in local stores.
I recently asked Tom Stewart a few questions about the machines and their business opportunity.
Tell us a little about X=Tag.
X=Tag is a division, or brand of CIM USA, Inc.
Hoarding Hinders Success

Face it. Unless your goals are very small, you’re going to need help. Or at least some support. Unless you can do the work of the whole team by yourself, both performance and morale are going to suffer. You must quit hoarding and learn to delegate.
Be honest.
- Do you hoard tasks, keeping your favorite ones for yourself?
- Do you “throw” tasks at people without an overall plan or sufficient follow-up? And then complain because they never really got it?
- Do you micromanage because you don’t trust others to do it “right?”
- Do you think it’s easier or faster to just do it yourself?
If you answered yes to some of the questions above, you may have a delegation problem. The majority of managers do.
Andrew Carnegie said years ago, “No man will make a great leader who wants to do it all himself, or to get all the credit for doing it.” Wanting all the credit is one thing; wanting to do it all yourself, for whatever reason, is another.
Time is our most precious commodity.





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