Have a free market solution to poverty? Then you could be £50,000 richer October 20, 2016 A top free market think tank has partnered with one of Britain’s most successful entrepreneurs to launch a nationwide competition in search of ways to reduce poverty. The “Breakthrough Prize” – launched today by The Institute of Economic Affairs and serial investor and multi-millionaire Richard Koch – is on the lookout for a single idea “that [...]
Evans Cycles poaches Dobbies Garden Centres’ boss Andy King November 6, 2016 Evans Cycles has announced that Andy King has been appointed as its new chief executive. King was formerly managing director at Dobbies Garden Centres, the national garden retail business, and prior to that worked at Notcutts Garden Centres, The Body Shop and Mothercare. He replaces Nick Wilkinson, who left the company earlier this year. ECI [...]
Here are the best Cyber Monday deals November 28, 2016 If you've been trying to bag a bargain on all your Christmas gifts over Black Weekend, but you haven't got everything you need quite yet, don't worry. There's still time: it's Cyber Monday. According to Nationwide, its customers have spent over £15.3m on Cyber Monday deals between midnight and 9am alone. During that period, more [...]
PSOE agree to end Spanish political deadlock after 10-month impasse October 23, 2016 Spain is on course to emerge from 10 months of political deadlock after the opposition socialist party agreed it would not block the centre-right Popular Party from forming a minority government. Mariano Rajoy has governed as head of a weak and interim government since the end of last year when the PP lost their majority in parliament. After elections [...]
How to use contacts and influence customer service workers: M&A adviser lets rip on Nationwide boss Graham Beale December 22, 2015 Working in finance comes with many perks. Even after the salaries, bonuses and outings with clients, there’s still fun to be found in terrorising the customer service workers of your colleagues and rivals’ banks. One M&A adviser has been using the opportunity to practise his boardroom bulldog tactics. Nicky Samengo-Turner, adviser with Hundon Hall, has [...]
What you need to know about the Bank of England’s stress test on Wednesday November 27, 2016 Wednesday will be judgement day for lenders across the UK, as the Bank of England is due to release its most recent set of stress test results. The annual stress test is designed to measure the financial health of the UK's seven major lenders – Barclays, HSBC, Lloyds Banking Group, Nationwide Building Society, the Royal Bank of [...]
HSBC Lloyds Barclays Santander Nationwide Standard Chartered face Bank of England stress tests November 30, 2015 NULL
Nationwide continues run of good form as it reports pre-tax profits up a third November 20, 2015 Nationwide building society continues to benefit from a strong housing market and customers switching current accounts, posting pre-tax profits up by a third. The figures Pre-tax profits for the six months to 30 September rose by 34 per cent to £802m, up from £598 in the same period a year ago. There were more than [...]
Business leaders sign letter pledging to create a more “vibrant economy” October 10, 2016 Business leaders have published a letter pledging to create a more vibrant economy in which growth is more sustainable and widely-shared. "Our new Prime Minister has signalled her intent to tackle these challenges and make the UK a country that works for everyone. But this is a challenge that government cannot take on alone," according [...]
Philip Morris has launched IQOS, its first smokeless cigarette, in the UK November 30, 2016 Marlboro-maker Philip Morris International (PMI) has launched its smokeless cigarette IQOS in the UK market. Unlike electronic cigarettes, which vapourise nicotine suspended in a liquid, this alternative product heats tobacco enough to produce a vapour without burning it, which the company believes makes it much less harmful. The vapour still contains nicotine but yields on average less than 10 [...]