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Friday May 24, 2013 - www.knowledgetoactionnews.com - Established 2004

Man Utd cuts cost of debt

24/05/13 The football club, which has been crowned league champion 20 times, has refinanced £178 million of its outstanding debts in a move that will save it around £10 million every year.

Owned by the Glazer family, Manchester United still has around £307 million in debts after its bosses took out millions of pounds worth of loans to fund the 2005 takeover.

» Read Full Article

Top Stories

• Pound weakens versus euro following German data
  Europe's largest economy recorded growth of just 0.1 per cent in the first three months of 2013, which came after a contraction of 0.7 per cent in Q4 2012, but the Ifo Institute's business confidence index indicates the pace of recovery is increasing. - 24/05/13
• FTSE continues to slip lower
  Both mining stocks and financials weighed heavily on the index following yesterday's sell-off, which was triggered by poor factory data in China and indications the US Federal Reserve is set to begin scaling back its asset purchases.  - 24/05/13
• Nissan recalls 800,000 vehicles
  The company confirmed a bolt used in the mechanism of the Nissan Micra built between 2002 and 2006 may not be screwed on properly, but assured drivers there is no danger of sudden failure. - 23/05/13
• HP shares jump 12% despite sales drop
  The world's largest producer of personal computers reported a 32 per cent fall in earnings as part of its latest financial report, declining to $11 billion (£731 million) over the last 12 months. - 23/05/13
• Halfords reports fall in profits
  According to official data from the company, which was released today (May 23rd), the car and bicycle retailer's pre-tax earnings contracted by almost 25 per cent to £71 million compared to the previous year. - 23/05/13

Trading Forex I can be there 100% for the kids, but also earn a good living at the same time

Knowledge to Action - Helping people learn how to trade and achieve a successful new lifestyle through its Forex and Stock Market training courses

"I've been trading for over a year, but I only got to know about Knowledge to Action earlier this summer."

"I went to the National Achievers Congress in 2011 where Greg Secker was speaking. He inspired me and since I've joined his programme I've had really positive months, every month, doing really, really well."

"I couldn't just be a bored mum, my mind was always buzzing, I really had to do something. Of course I always put the kids first so it had to be something that fitted around them. I didn't want to miss a school assembly, I wanted to be there for all the practices, all the things that the kids need, I wanted to be there."

"Trading Forex I can be there 100% for the kids, but also earn a good living at the same time. If you're willing to take the time to learn and have the discipline to apply the rules, then this is a great opportunity for any mum."

Awla Sanghrajka - November 2011

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Draghi highlights 'encouraging' UK economy

24/05/13 The official, who was speaking during a visit to London yesterday (May 23rd), highlighted tangible improvements to the country's ailing finances amid the ongoing debate over Britain's European Union (EU) membership.

In addition, Mr Draghi noted that three of the weakest eurozone states - Ireland, Portugal and Spain - had taken impressive steps to enhance their export performances.

» Read Full Article

Japan's Nikkei falls once again

24/05/13 The Nikkei 225 index dropped by 1.8 per cent by mid-afternoon in Tokyo, despite promising signs in early morning sessions.

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Greg Secker will be speaking alongside Sir Richard Branson and Lord Alan Sugar at the Business 2012 event at the O2 Arena. The event takes place 18th-20th March 2012, you can get your free tickets at: http://www.business2012.com/register#type

Experts and speakers include:
Sir Richard Branson, Lord Alan Sugar, Robert Allen, Minesh Bindi, Simon Coulson, Will Duquette, Kevin Green, Chris Johnson, Marko Kozlowski, Mark Nathwani, Saj P Bill Walsh, Daniel Priestley, Greg Secker, Simon Zutshi and more.

Other Headlines

• Yen strengthens on back of China data
  After a slide in global stocks resulting from the Chinese Purchasing Managers' Index results and indications the US Federal Reserve is set to tighten its monetary policy, forex analysts suggested traders have looked to book profits on the Japanese currency. - 23/05/13
• FTSE down as global markets slide
  Mining stocks suffered a dramatic fall after Purchasing Managers' Index data showed China's factory output contracted for the first time in seven months in May. This has had a significant effect on commodities as well as global stocks, as the country is the world's largest consumer of precious metals.  - 23/05/13
• HMRC 'will miss tax fraud target'
  A group of MPs have claimed the body will reduce instances of error and extortion by £3 billion, despite being challenged by the government to cut expenditure on the issue by £8 billion over a five-year period. - 22/05/13
• SSE reports full-year profits rise
  The energy supplier announced its adjusted pre-tax profits amounted to £1.4 billion during the period, representing a rise of 5.6 per cent from the previous year. - 22/05/13

Knowledge to Action at The Sunday Times Fast Track 100 Awards



 
06/07/2011
Sponsored by the Virgin Group and held at Sir Richard Branson's private residence in Oxfordshire, the 14th Annual Fast Track conference and dinner boasted an impressive line-up of the UK's top 100 fasted growing companies, with Knowledge to Action picking up 49th place in the Fast Track 100. Over the past 14 years the combined turnover of the Fast Track companies has risen from £1.6bn to £4bn ...Read more

Co-Op Bank stops loans to new corporate customers

24/05/13 A spokesman for the lender - which is the largest customer-owned financial services provider in the UK - insisted it would continue to provide funds to existing corporate customers. This measure does not apply to individual borrowers.

» Read Full Article

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The Knowledge to Action Foundation - Wishing Children Well

With over 500 people participating world-wide, The Flying Trader project raised an impressive £152,150.44 for charity!

Friday 19th August saw the last Flying Trader day come to a close. Sponsored by ETX Capital, this Knowledge to Action Foundation initiative supports children's charities, Barnardo's and The Ubuntu Education Fund. Read more

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Are you a Rabbit, a Pilot, a Dabbler or a Buccaneer? Find out in our What kind of trader are you? quiz.

Disclaimer: Our Seminars are purely educational in nature. We do not advise upon or tip any trades shown in any seminar. All trades demonstrated whilst on Knowledge to Action's courses are for educational and illustration purposes only. These products are not suitable for all investors. Please make sure you understand the risks involved.