Eric Dor’s team at the IESEG School of Management in Lille has put together a table on the direct costs to Germany and France if Greece is pushed out of the euro. These assume that relations between Europe and Greece break down in acrimony, with a full-fledged “stuff-you” default on euro liabilities. It assumes a [...]
New clampdown on whiplash claims could cut cost of motor cover but raises ‘Big Brother’ fears
New proposals from the Transport Select Committee to deter fraudulent compensation claims – mostly for ‘whiplash injuries’ – could cut the cost of motor insurance but raise fears of a ‘Big Brother’ erosion of drivers’ personal privacy. Ambulance-chasing lawyers and false personal injury claims add about £40 a year to the cost of every driver’s [...]
WACC in 3 Easy Steps: How to Calculate Weighted Average Cost of Capital Finance
Clicked here www.MBAbullshit.com and OMG wow! I’m SHOCKED how easy.. Cost of capital arises from either cost of debt or cost of equity. It is necessary to discover your cost of capital to make certain you are able to relate it to the rate of return of your business or task. The rate of return [...]
Inflation ‘falls’ while the cost of living continues to rise: which planet are these economists on?
Today’s inflation figures will prompt many readers who must pay their way in the real world to wonder which planet the economists are on. We are asked to believe that inflation has ‘fallen’ to 3.6pc, as measured by the Government’s preferred benchmark of the Consumer Prices Index (CPI) or 3.9pc on the more widely-based Retail [...]
Free Meerkats aim to cut the cost of credit cards
Meerkats look set to become caught up in a dogfight over which comparison website offers the most comprehensive service. Four years after the credit crisis began, it is a sign of the times that competing websites are shifting their rivalry from comparing motor and household insurance to assessing which credit card is best for different [...]
Kill the compensation culture and cut the cost of insurance
Fraudulent claims – mostly for hard-to-assess “whiplash” injuries – add about £40 a year to every honest driver’s motor insurance costs but Parliament will struggle to reduce this while some doctors, lawyers and police fail to act. Following MPs’ latest inquiry into the high and rising cost of what many still regard as a ‘victimless [...]
How a round of golf cost £400,000
Thousands of people who enjoy a game of golf this weekend may unwittingly be putting their home at risk. True, the risk is infinitely small, but a £400,000 damages award against a golfer and golf club after another golfer lost an eye in an accident demonstrates the extent of damage awards in an increasingly litigious [...]
Never mind the cost of living; have you seen what it costs to die around here?
Never mind today’s increase in the cost of living – have you seen what it costs to die around here? Inflation does not stop with the last breath, and basic burial costs vary more than house prices from one part of Britain to another. The cheapest are as low as £50 but the most expensive [...]
Structural funds vs debt pooling: the real cost of two different approaches to the European debt crisis
If Germany and France are to guarantee the debts of Italy, along with Greece, Ireland, Portual and Spain, pretty much everyone agrees that will take more than €1 trillion – probably more like two or three trillion. Suppose, mirabile dictu, that approach somehow ended happily, with no defaults by anyone and the Italians and others knuckling down to [...]
Human cost forgotten in race to invest
The Care Principles deal was one of many in the sector to unravel in the financial crisis. Lenders now control companies that care for thousands in residential homes View full post on Financial Times – UK Homepage