The Leaking Bucket

The Boomerang Generation: The Brits that are moving back in with their parents to try and regain control of their finances. Abbey have found an increasing number of 18-24 year olds are moving back to their mum and dad - about 1 million in the age group have either put moving out plans on hold or have returned to their parents in the last year.

It was also found that a third of the so-called Boomerangers were from the North, while 22% were from the south east.

It is a good way to save money and ort out your finances - if you can deal with more people living around you!

Panasonic are planning to slash 15,000 jobs and close 27 of their plants all over the world to try and save on costs. The firm have said that they expect a net loss of £2.9bn this financial year since being hit by the credit crunch.

The job cuts represent about 5% of the firm's workforce and will be done by the end of March 2010 - half being planned to take place in Japan and the other half abroad.

And they aren\'t the only Japanese technology company which have announced cuts. There's also:

• NEC - 20,000 jobs
• Hitachi - 7,000 jobs
• Sony - 16,000 jobs

Seems very few people are safe at the moment!