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Bank Bonuses 'Not Enough to Stem the Brain Drain'

22/02/2011

Despite the Governments sabre rattling stance on bank bonuses and the long awaited Project Merlin deal, big bonuses are still set to dominate the investment banking arena. However, according to Oliver Gibbons, Director of Twenty Technology, the specialist recruiter, this may not be enough to stem the technology brain drain out of financial services.


 

Get Your Business on Track With Help From New HMRC Tools

21/02/2011

Free tools to help SMEs get their business records ship shape were launched today by HM Revenue & Customs (HMRC).


 

Tax Developments Advice from Legal Partner

21/02/2011

An update on tax developments from Simon Massey, tax partner, Menzies LLP.


 

Gross Mortgage Lending Declines in January

18/02/2011

Gross mortgage lending declined to an estimated £9.2 billion in January, a 13% fall from £10.6 billion in December but a 5% rise from £ 8.8 billion in January 2010, according to new data from the Council of Mortgage Lenders.


 

£200 Million Technology and Innovation Centres Details Published

17/02/2011

The Science and Technology Select Committee today published their Technology and Innovation Centres Report proposals, detailing the execution of the government’s £200 million network of technology centres.


 

Demand for Leverage to Fund Acquisitions Up 500%

17/02/2011

Demand for leverage to fund acquisitions is on the rise amongst private equity secondary funds, according to Investec Fund Finance which says it has seen a five-fold increase in enquiries from these funds over the past year.


 

SMEs Waste £280 Million a Year in Bank Fees

17/02/2011

Small and medium sized businesses could be wasting millions of pounds every year when making international payments, according to Travelex Global Business Payments, the cross-border payments specialist.


 

Pension Switching Firms Fined £143,500

16/02/2011

The Financial Services Authority (FSA) has levied fines totalling £143,500 on two firms which failed to check the suitability of the pension switching advice they gave their customers.


 

Inflation Doubles Bank of England's Target, Quarterly Report Shows

16/02/2011

Bank of England Publishes Quarterly inflation Report, showing CPI inflation of 4%


 

Current Inflation Adds £572 to Cost of Living

16/02/2011

Annual average household expenditure is estimated to be £35,363. The corresponding figure for a household where the main occupant is 65 – 74 is £22,081, and £16,278 where they are aged 75 and over