Economy

economy

Everything you need to know about the new £5 note

We told you the new £5 notes were imminent - well, now they've been unveiled and the new plastic fivers will be in circulation very soon. "These notes will stand the test of time," said Bank of England governor Mark Carney; "Polymer marks a major innovation - it's cleaner, safer and stronger." Thanks to the…

Veggie box company wants £50 a day after bad review

Have you heard of Kelly's Vegies? If you have, you may have given them a wide berth, thanks to the crappy spelling of 'veggies'. However, it looks like there's a whole other reason to avoid them, as one customer was hit with a number of charges after giving the company a negative review. According to…

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River Island jobs on the go!

River Island jobs on the go!

Jobs time again on Bitterwallet! Yes indeed, we're looking at getting the out-of-work, very much into god-I-hate-having-to-work-all-the-time-but -wages-pay-for-the-booze-so-I-can-forget. This time, we're looking at River Island who have LOADS of roles going. Of course, they'll be taking on staff for Christmas, but they seem to have all manner of jobs going, should you be looking for…

Takeover to see a world of very average beer combining

Anheuser-Busch InBev, who happen to be the largest brewer in the world, are looking to do a takeover of SABMiller, which means, between them, they'll make around a third of the world's beer. Together, they'd have a market value of roughly $275 billion, and they'll make a killing in the growth markets of Latin America and…

Government to change strike law reforms

Striking is a touchy subject among many, but here at Bitterwallet, we tend to side with workers, rather than chief executives and MPs. Now, there's news that the government are drawing up new legislation which is designed to make it harder for workers to go on strike. This means, there's going to be a lot…

Directors bonuses must now be justified

Are you one of those people on the internet who likes hitting out at 'fat cats'? Like griping about those who make loads of money because you  can't stop mentioning your socialist leanings down the pub, much to the mild irritation of your pals? Well, get this - all companies (so, not just banks) will…

Sainsbury's sales fall AGAIN as Justin King jumps ship

Sainsbury’s bigwig Justin King is getting ready to move on to pastures new, but not before announcing that Sainsbury’s like-for-like sales have dropped again. It’s the second time that Sainsbury’s have reported a loss –previous to that, it had nine unblemished, consecutive years of growth. So what’s the problem? Well, we all know the impact…

Bawbees and Merks for Scottish currency?

Holyrood will be considering its currency options before the Scottish referendum, because there’s no way that Westminster are going to let them keep the poond. And now a leading economist has suggested that Scotland should revitalize its ancient coinage and bring back the er... merk. The merk, which sounds like a term of abuse, was…

Lloyds want you to ditch your free current account  - and pay £60

Vantage account holders at Lloyds are being persuaded to get rid of their free current account and replace it with another current account which could charge up to £60 a year. WHAT A GREAT DEAL! The ‘incentive’ is rather dubious, too –basically if you don’t quit your Vantage account and take the new ‘Club Lloyds’…

1500 people queue round the block for...

When you see a large queue, what do you imagine would be at the end of it? A potential record contract with Syco? The Beatles circa 1965? Free chips? Well one such queue snaked around the block in Bridgnorth in Shropshire on Friday as a staggering 1,500 people lined up for a chance to…GET A…

New trains made from British Siemens

New trains are going to appear on British tracks, but a stir was caused after a load of foreign manufacturers started bidding for the jobs. Just how many jobs are going to be generated for British workers? Well, that's the question on the lips of a director at German giant Siemens. See, the Government (less…

Make it rain with £50 notes by 30th April

Are you lucky enough to have a wad of £50 notes? Well, spend 'em fast because over 60 million of them are being withdrawn. That'd be the ones starring the first governor of the Bank of England, Sir John Houblon. You've got 15 weeks to make it rain as, from April 30th, only the £50 note which…

Morrisons stop washing windows to save cash

It’s a sign of the times when a supermarket has to cut back on its cleaning bill to save cash, but that’s what mucky Morrisons is doing this winter. In a triumph of bizarre logic, bosses have decided to cancel window cleaning at all its stores in a war against slipping sales, which dropped by…

24 hour tube – but no ticket offices

The London Underground is famous for being well, a bit wonky. And in that particularly quaint British way, it shuts early, leaving you stranded in the middle of town and at the mercy of a minicab that costs £30 no matter where you want to go. But all that is going to change - plans…

DEATHWATCH: Tie Rack hangs up its hat. (And ties. And scarves.)

When was the last time you said to yourself: ‘Hmm, I really need to buy a tie. I think I’ll go to TIE RACK?’ Well it seems nobody has done that since 1985, so it’s time for the station concession to pack up its mid-priced umbrellas and go home. Sadly, its repeated losses – and…