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'Banks are not equity investors': James Caan discusses falling bank lending

09/03/2011

British Entrepreneur and former BBC Dragon’s Den star James Caan has called for ‘greater transparency’ from Britain’s banks in terms of their ability to lend to Small and Medium Sized Enterprises.


 

Northern Rock Announce Losses for 2010

09/03/2011

Nationalised lender Northern Rock has announced a loss of £232.4 million for 2010, but insists progress has been made with income up and costs reduced.


 

UK trade deficit falls to £3 billion

09/03/2011

The UK’s deficit for trade in goods and services narrowed to £3.0 billion for January 2011, down from December’s high of £5.5 billion


 

VAT refund bounty for British businesses

09/03/2011

Thousands of hard-pressed British business are set for a VAT refund bounty, according to accounting software specialists, Accountz, thanks to a mix up made by local authorities when charging for trade waste collection.


 

CBI comments on EU credit default swap ban

08/03/2011

Members of the European Parliament’s Economic and Monetary Affairs Committee voted yesterday in favour of banning uncovered sovereign credit default swaps and naked short selling- in which speculators predict falling securities prices.


 

New financial rules must not ignore developing world, says World Bank

08/03/2011

Overhauls of global financial rules typically take years to put into action and rapidly lose relevance


 

Financial Management is Not Mere Bureaucracy, Accountants Warn Government

07/03/2011

Government pledge to ‘remove accounts and audit’ for SMEs needs careful and joined up approach, says ACCA Audit is not red tape, and it adds value in an enterprising culture


 

Late Payments Pushing Viable Businesses Towards Bankruptcy

07/03/2011

Perfectly viable and successful businesses are being driven towards bankruptcy because of late payments


 

Johnson Urges HSBC to Stay in London

07/03/2011

The Mayor of London, Boris Johnson, has urged banking giant HSBC to maintain their presence in the capital amid strong speculation that they are set to re-locate to Hong Kong.


 

Barclays' Chief £6.5 Million Bonus- Union Comments.

07/03/2011

After a strong performance in 2010 that saw end of year profits jump 32% to 6.1 billion, Barclays’ chief Bob Diamond has been awarded a £6.5 million bonus.