Abu Dhabi's bid to be a pioneer of clean energy

Abu Dhabi plays host to the World Future Energy Summit this week, bringing together climate change experts and investors from around the globe.

Despite sitting on one tenth of the world's oil, the emirate is trying to promote itself as a pioneer for of clean energy.
Its biggest project is Masdar, a sustainable, zero-carbon city that is attracting investment in the renewable energy sector to the region.
Abu Dhabi may have the financial clout to invest in alternative forms of energy but will its plans pay off in the long run?
Katy Watson reports from Abu Dhabi.

Source: http://www.bbc.co.uk/news/business-12258826

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Market Snapshot 31st January 2011

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sipp investments

What is a SIPP Investment

Self-Invested Personal Pension

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Sipp Investments

A Self-Invested Personal Pension (SIPP) is the name given to the type of UK government approved personal pension scheme, which allows individuals to make their own investment decisions from the full range of HM Revenue & Customs (HMRC) approved investments.

SIPPs are a type of Personal Pension Plan. Another subset of this type of pension is the Stakeholder Pension Plan. SIPPs, in common with personal pension schemes, are tax "wrappers", allowing tax rebates on contributions in exchange for limits on accessibility. The HMRC rules allow for a greater range of investments to be held than Personal Pension Plans, notably equities and property. Rules for contributions, benefit withdrawal etc are the same as for other personal pension schemes.

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Market Snapshot 28th January 2011

sipp investments

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Market Snapshot 25th January 2011

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Market Snapshot 24th January 2011

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Recession Changing The Face Of UK High Street

The recession has apparently changed the face of the UK high street - adding more betting shops but taking away estate agents and building societies.

The Ordnance Survey compared 27 million retail addresses across Britain between now and October 2008, when the financial crisis began.
It found that banks, recruitment agencies, estate agents and pubs were increasingly leaving the high street, while the prevalence of betting shops and car washes grew.
The number of building society branches fell more than 28% across the country but London saw the biggest change with a decrease of 46.9%.

Original Source - Sky News

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