Weekly Independent

Britain’s oil industry needs to implement better safety strategies, regulators warn

The British oil, gas, and red diesel uk industries were strongly criticised for its safety standards after it was emerged that there had been an increase in the number of leaks from oil rigs in British water. It was also found that there had been a rise in the number of injuries taking place, as data from the Health and Safety Executive was released.

The latest figures show that there had been 85 major accidental leaks in the last year, More

Why UK interest rates are likely to stay low for the time being

June’s Conservative-Lib Dem budget was a radical shift towards hefty public spending cuts in an effort to reduce Britain’s budget deficit.

There are a number of reasons why interest rates in Britain are likely to stay low for a while. The unique combination of tax increases and spending cuts will lead to a halt in interest rates until the financial situation has changed. It is of course inevitable that everyone in this country is going to be paying for the More

Why APR is so important when purchasing a new credit card

Credit cards charge an interest rate which is known as the Annual Percentage Rate (Credit Card APR). This takes into account when the interest rate is charged and any additional costs and fees that are related. Borrowing money is often more expensive on a card which offers a lower interest rate due to a number of hidden charges which typically aren’t reflected in the standard interest rate.

Customers with good credit card ratings generally have much wider options More

How to avoid becoming a victim of fraud on the internet

Fraudsters are rampant on the internet, using it as a gateway to scam countless numbers of innocent customers who are lured into their ’special'offers because they can appear so convincing. One of the most important ways of avoiding fraudsters is to never give away any personal information to the seller. Never, under any circumstances, engage in direct transactions with an individual or company when you have even the slightest suspicions.

For example, there are a number of scam artists operating More

World oil prices increase to more than $76

Global oil prices have experienced a dramatic improvement as a result of booming stock markets to the happiness of oil companies everywhere. London Brent North sea crude oil soared $2.11 dollars up to $76.48 a barrel and New York light sweet crude for delivery jumped $1.94 to £76.89. Prices benefited from a significant rebound in global equity markets due to predictions of a reduction in crude oil inventories in the US. Wall Street also experienced an improvement profits as good More

Do the Recent Oil Discoveries Mean Lower Oil Prices in the near future?

The McMoRan oil discovery beneath 20 feet of water off Louisiana coast in January and the other such discoveries since, has generated lots of speculation as whether oil prices would be lowered in the future through high production of oil from these new oil reserves. Before we come to a conclusion on lower oil prices in the near future, here are a few things that would enable such a situation to become a reality.

The demand for oils and white More