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‘Trust Crisis’ Has Changed The Way The World’s Wealthiest Individuals Invest, Give To Charity And Spend On Luxury
15/04/2010
The global financial crisis has caused a trust crisis among the world’s wealthiest individuals, and they have responded by taking more control over their investments, seeking more accountability when they give to charity and holding out for higher quality when it comes to luxury goods, according to a new report by the Economist Intelligence Unit.
The Hut Group Announces £14 Million Investment
15/04/2010
Britain’s fastest growing Tech company, The Hut Group, today started a new chapter in its 5 year history by announcing a £14 million investment by institutional investors via a Pre-IPO (Initial Public Offering) placing.
eCommera Caps Year Of Strong Growth With WPP Investment
15/04/2010
eCommera, the ecommerce platform provider, has capped a strong financial year with news that it has completed a round of funding with an investment from marketing services group WPP.
Response To Liberal Democrats' Manifesto: Interest Rate Caps Will Damage Consumer Credit Market
14/04/2010
Responding to the Liberal Democrats' manifesto pledges to impose maximum interest rates for credit cards and store cards, Fiona Hoyle, FLA Head of Consumer Finance, said:
Whoever Gets Into Power Must Combat Risk-Averse UK Banks
14/04/2010
Commenting to Bloomberg News on the stance of the major political parties towards the problems of Small and Medium Sized companies, Simon Wajcenberg, CEO of Clash-Media, welcomed the Conservative move to reduce the levels of National Insurance which he said would pay for an extra professional staff member in his expanding 100 strong business.
Savers Unite Behind Campaign To Hold Election Candidates To Account
14/04/2010
As the UK gears up for the General Election, action group Save Our Savers today launched a grassroots campaign to force clear manifesto commitments from the main political parties, and to challenge prospective parliamentary candidates (PPCs) to reveal their personal stance on the savings issue.
New Report Reveals Massive Change In The Ways We Pay Over The Last Decade
14/04/2010
A new report, ‘The Way We Pay 2010 ‘, published today by the Payments Council shows a payments revolution occurred in the noughties, and this looks set to continue over the next decade.
No Room For Complacency Despite Positive Trade Figures
13/04/2010
Commenting on the February trade figures published today by the ONS, David Kern, Chief Economist at the British Chambers of Commerce (BCC), said:
FSA Fines And Bans Former Northern Rock Deputy Chief Executive And Credit Director For Misreporting Mortgage Arrears Figures
13/04/2010
The Financial Services Authority (FSA) has today fined David Baker, former deputy chief executive of Northern Rock Plc (NR), £504,000 and Richard Barclay, former managing credit director at NR, £140,000.
ONS Trade Figures Show UK's Trade Deficit Is Narrowing
13/04/2010
The UK’s seasonally adjusted deficit on trade in goods and services was £2.1 billion in February, compared with the deficit of £3.9 billion in January.
