Cant you just delete favicon.ico...? It should be at the root of your public_html or httpdocs.....
Or if its software then perhaps its in the theme's img folder. Id also get rid of the linkreferal.com banner at the bottom. Makes the site look very 1995 and 000001 html counter ish

. Matt Cutts would laugh anyway
Infact id tidy up alot of what's going on at the bottom with lots of unrelated links and stuff. Keep it simple and dont forget a privacy | about us | contact us and t's & c's page.
Ooooo another thing. There is some duplication of your title and meta tags in your code. Infact id sit down and hack out any generic program rubbish too. It will help with your
seo and keyword density no end. You should be able to pair down the code and tidy it up nicely so it passes W3C.
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