Pru’s Asian misadventure: a cautionary tale

By Reuters Staff
June 3, 2010

PRUDENTIAL/By Clara Ferreira-Marques

Prudential’s ill-fated Asian adventure has left the company and its management badly bruised. But it has offered at least two valuable lessons for ambitious executives tempted onto the acquisition path by post-crisis, “once-in-a-lifetime” deals.

Cutting back on household bills

March 23, 2009

The energy regulator has said that it is considering a ban on unjustified price differences in the energy market to address concerns that customers are being charged differing amounts according to their payment methods.

Sorry Darling, Davos is for Mandy

January 30, 2009

If there were any questions over who is number two in British Prime Minister Gordon Brown’s cabinet, Davos might have helped clear them up.

Preparation key to riding out recession

May 9, 2008

cash-3.jpgWe are living in uncertain times. House prices are falling, the economy is slowing and consumers are under the cosh from the fall-out from the credit crunch, which is sending borrowing costs higher.

The little white lie that could spell financial ruin

March 26, 2008

cash.jpgA little white lie never hurt anyone, right? Wrong: it could have serious financial implications for your future. A growing number of people are getting into financial difficulty at a younger age and are then telling lies on applications forms to obtain credit, insurance and other products, according to CIFAS, the UK’s fraud prevention service.

Stub out and save

March 12, 2008

It’s “national no smoking day”, and stubbing out could help your wealth as well as your health. The 1.1 million Britons who quit a year ago have collectively saved more than 1 billion pounds by not feeding their nicotine habit, according to Yorkshire Bank. Meanwhile, the 13 million people who’ve carried on puffing since “no smoking day” last March have seen almost 12.5 billion pounds-worth of potential savings go up in smoke.