Sports Arbitrage News

This weekend, UK motorists are queuing at petrol pumps as Shell tanker drivers take strike action. Violence has flared up on the Continent – with haulers and fishermen railing against the fuel costs they say are crippling their trade. The theme of these protests is that the government is not doing enough to help. The [...]

Unemployment will hit two million for the first time in ten years under Labour rule. The struggling housing industry has led to thousands of workers losing jobs but not just home builders are feeling the effects. Real estate agents, mortgage brokers and others working in the financial sector are at risk.  Unemployment is to increase [...]

Hedge fund manager John Paulson made nearly £2bn last year from accurately predicting the implosion of U.S. sub-prime mortgages. However, Paulson now warns that the credit crunch is not over and predicts the financial sector could lose around £664bn. There may be a silver lining in this prediction, though, considering the International Monetary Fund estimated [...]

Falling shares and profit warnings have caused consumers to rein in their spending, at the expense of high street stores. Simple acts of thrift are commonplace and growing as well starting side businesses to supplement income.  According to a recent survey, the number of new and unique businesses are exploding as people try to supplement [...]

Signs that an increasingly large chunk of their income is being eroded by the current credit crunch is the fact that more and more members of the so-called UK middle class are taking on second jobs. They are doing this in an attempt to maintain the standard of living that they became used to during [...]