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Brits spend £200 a month to purchases online

They expend on average £192 a month – even though 1.2 million people spend more than £1,000 a month online on their credit cards, according the study from Sainsbury’s Finance.

Stuart McKeggie, head of cards at Sainsbury’s Finance, said: “The growth of online shopping in such a short time is staggering. Our research found that only 7% of credit card holders do not use their cards online.

Those who put the most online costs on their credit cards are aged between 35 and 44; with a typical monthly online spend of £214 on childrens bike or on the ski goggles and ski helmets.

It is followed by those aged between 45 and 54, who put an average of £207 of online spend on their credit card each month, on coats and jackets and snug boots while 18 to 24 year-olds spend least online on credit cards averaging £162.60 per month, on footwear like Globe trainers, mountain bikes, ed hardy, and converse trainers around £30 less than the national average.

Online credit card spending habits vary drastically between locations with those in the South East spending the most online with a credit card, an average of £236 per month, more than double the typical monthly online credit card spend in Scotland at £115.9.

The research suggested 5.9 million credit cardholders started shopping online in the past three years.

Kids Tshirts

It was only two decades ago when teenagers were still seen wearing Rolling Stones band t-shirts showing off their adoration for rock music. These t-shirts were seen as un-stylish, over-sized, and definitely not acceptable in any nightclub. That was back then. Today, brand names like Armani carry graphical t-shirts that are both stylish and are completely acceptable elements of fashionable clothing.

Graphical t-shirts, in general, were part of the anti-establishment culture that dominated with the grunge movement and previously with 80's hip-hop. Then came gangster rap and its series of graphic t-shirts that adored music legends such as Tupac. Interestingly enough, we also owe these groups for the advent of clothing as being cool. These tees have become part of the mainstream.

UK stores now readily have music tee-shirts of famous rock bands and pop artists as well as abstract designs. The market for graphical tees has grown. People not only pay a lot of money for graphic , but are also okay with displaying contents besides a name brand or a band name on their clothing. Now most kids want a t-shirt that sends a message about him or her in an original way, and be able to go out in clubs without a problem.

In the streets of London, you will not miss the number of band, pop, ironic, funny, or offensive messages delivered via graphic t-shirt. In clubs, worn under a dress jacket, graphical t-shirts are becoming a statement. They have become what's hot.

What has really made graphic tees a winner are the many e-commerce web sites that are online - such as sugarbullets.co.uk - which has got very original designs from rock bands such as The Rolling Stones, AC/DC which was rare thing back in the day. Now that a tee-shirt can be a work of art and not something mass-produced, its value rises and it becomes a cool tee-shirt. These new web sites are giving way for more graphical tee-shirt designers to show-off their talents.

In Sugar Bullets web site you can find t-shirts, considered as collectable items, most of them are from the sixties and seventies and were used by the crew of rock legends Led Zeppelin, Rolling Stones, The Who, Queen, David Bowie, Beatles, Pink Floyd and others

Standard Life Investments has branded HSBC

The bank suffered a rebellion by 22.6% of investors over its pay policy yesterday, an embarrassment for a company whose chairman Stephen Green was an early, vocal advocate of salary reform in financial services.

HSBC said yesterday that many shareholders chose to abstain as they waited for non-executive director John Thornton, who is to become chairman of its remuneration committee, to lead a review of its pay practices this summer.

Guy Jubb, head of corporate governance at Standard Life Investments (SLI) told HSBC’s annual meeting in London it would oppose HSBC’s pay report for the third year running.

He said: “Despite our clear communication of our concerns, the bank has not been a listening one.”

Jubb alluded to a reported attempt by the bank to increase chief executive Michael Geoghegan’s £1.1 million basic salary by a third, which foundered after investor opposition. Geoghegan gave his £4m bonus for 2009 to charity.

He said emerging markets are increasingly driving economic growth and globalisation is “here to stay”. “Our policy makers must remain pragmatic and we must avoid protectionism,” he said. Green said HSBC would engage with a Government commission set up to look at breaking up banks into their retail and investment banking arms.

Green, whose company contains both type of business, said: “We will be making a strong case that HSBC’s business model not only works in a sustainable way but also plays a vital role in helping businesses realise their full potential.” He reiterated his call for policymakers to be given tools so they can “dilute or takeaway the dog bowl” if credit flows head too much into one area. Green said HSBC, which is quoted on the London and Hong Kong stock exchanges, would pursue a Shanghai listing when the authorities are ready.

Briton spends an average of 14 hours and 39 minutes sitting down every day

Once home they will sit down again to use a laptop or home computer for another two hours and 25 minutes.

The statistics also showed the average person exercises just twice a week for 25 minutes a time, way below the Government guideline of 30 minutes every day.

Commenting on the findings, Zoe Hellman, Company Dietician for Weight Watchers UK Ltd, which conducted the poll of 3,000 people in conjunction with the launch of its get active campaign, said: "In a recession we have to work harder and for longer hours to make ends meet.

"So we therefore have less time and money to spend on exercise - but to spend over half our day sitting down is a health bomb waiting to happen.

"Incredibly, the average person only does 50 minutes of exercise each week - that's just a quarter of what is recommended for a healthy lifestyle.

"We know that it can seem difficult to find the time to exercise, but there are ways to introduce it into even the busiest lifestyles.

"Walking up the stairs instead of taking the lift, parking further from the shops, walking for 30 minutes at lunchtime instead of sitting at the desk are all free and easy ways of keeping fit."

The research also shows the average Brit spends an hour and 41 minutes driving car each day and another 52 minutes on public transport.

Meal times mean people sit down for a further 33 minutes, while 54 minutes are dedicated to playing computer games.

Finally, before settling down to sleep at night, most people spend an hour and 10 minutes reading books or mags.

More than half of people admitted while they should exercise more, it is difficult to find the time.

And 52 per cent of people admitted on most days the only exercise they get is the short stroll between their house and car and back.

Four in ten people claim their long working hours are to blame for their lack of exercise, while the same percentage also say they don't have the energy to squeeze anything else into the day.

A third of lazy people simply can't be bothered to exercise more, while a quarter blame the quantity of housework they have to get through.

A fifth of parents say the children take up too much of their time, and over half of us are simply too exhausted by the end of the day to do any exercise.

Finally, whilst 12 per cent reckon they are happy the way they are, more than one in ten of us say the last thing we want to do is to exercise after a long commute.

Zoe Hellman added: "Half an hour's exercise each evening would actually help workers to wind down and de-stress, and could even induce a good night's sleep afterwards.

"Mostly, this lack of exercise and movement is down to habit. People become so used to relaxing in front of the TV at the end of a busy day they choose that over a short jog or gym session.

"But exercise also has an important role in helping people to lose weight and for keeping your weight in check, in addition to the long term health benefits of being active."

The poll also shows 37 per cent of people reckon they would exercise more if they worked shorter hours, and one in 10 would make more of an effort if they lived closer to the gym.

Astonishingly, 20 per cent of those polled say they aren't fit enough to exercise - and 17 per cent feel too fat.

When people do summon up enough energy to do a bit of moderate exercise, the top three choices are walking (43 per cent), jogging (20 per cent) and going to the gym (16 per cent).

Swimming and cycling are also favoured activities for one in five Brits.

And when it comes to keeping fit - men are more likely to exercise to get fit and maintain good health, whereas women are most concerned about losing weight

Derry's Richmond Shopping Centre has been sold for up to £24m

The Richmond Centre was initially put on the market at £26m and this is the first sale of a major shopping centre in Northern Ireland for several years.
Based in the centre of the city, the Richmond Centre was bought by the property asset division of the Royal Bank of Scotland, West Register.
It was formerly part of WG Mitchell property empire owned by Derry brothers Patrick and Hugh Hegarty that went into administration last April.
After RBS called in loans in 2009, 28 of the 75 subsidiaries of WG Mitchell collapsed and went into administration. The Hegartys’ business empire, which started in the 1960s, ran into trouble after they began investing in the hotel market in Scotland and England in the 1990s and were caught out by the banking crash.
The Shipquay Street multi-level complex was built in the 1980s and has nearly 40 units let to a mix of national and local retailers.
As a result more than £85m of hotels were put up for sale by the administrator Ernst and Young, among them the Park Inn, London, and the Park Inn at St Helens. A further eight hotels worth £40m including the Park Inn in Glasgow and the Park Inn in Sheffield have also been put on the market.

Retail sales in central London higher than last year

Latest figures from the British Retail Shop Consortium (BRCS) show that retail sales in central London in March were 9.9% higher on a like-for-like basis than a year ago, when sales had risen 5.2%. Good Friday and Easter Saturday falling in the March trading period this year but in April 2009 boosted the year-on-year comparison.

The BRC said retail footfall in March rose above its year-earlier level for the first time since October 2009. The earlier Easter holiday and several mid-season sales and promotions attracted shoppers into the capital. Sterling’s weakness also continued to attract overseas visitors. London was also a popular destination for Europeans over the Easter holiday. Chinese visitors remained more numerous than a year ago.

The BRC said that Easter purchasing falling in March this year but April last year boosted food sales. Non-food like bicycle also benefited, though consumer caution and unseasonable weather limited the gains.