CITY MOVES | WHO’S SWITCHING JOBS July 24, 2011 ASHCOURT ROWAN The wealth management group has appointed Jeremy Rance, its chief operating officer, as an executive director. Rance, 48, joined Ashcourt Rowan as director of planning in June last year. He led the negotiations on the acquisition of the Co-op Independent Financial Adviser business in October 2010. Rance was appointed as chief operating officer [...]
CITY MOVES | WHO’S SWITCHING JOBS July 24, 2011 ASHCOURT ROWAN The wealth management group has appointed Jeremy Rance, its chief operating officer, as an executive director. Rance, 48, joined Ashcourt Rowan as director of planning in June last year. He led the negotiations on the acquisition of the Co-op Independent Financial Adviser business in October 2010. Rance was appointed as chief operating officer [...]
Thomas Cook given nod for Co-op merger July 21, 2011 PLANS by Thomas Cook and the Co-Operative Group to merge their high street travel agent businesses have been given preliminary approval by the Competition Commission. The commission said it did not expect the deal to have a major impact on customers buying package holidays. If the merger gets the final go ahead it will create [...]
Paragon eyes Northern Rock July 3, 2011 MORTGAGE lender Paragon has emerged as a surprise contender to buy Northern Rock. It is understood Paragon has requested documentation relating to the sale with a view to making an offer. The sale is expected to return around £1bn of the £1.4bn invested in the failed institution by the taxpayer. Paragon joins Coventry building society, [...]
RETAIL BANK OF THE YEAR | The Shortlist day seven June 27, 2011 Retail banking in Britain is in the throes of monumental change this year, as the big-name players grapple with the reforms being drawn up by the Independent Commission on Banking. The shifting landscape has also allowed newcomers to gain a foothold in the market, giving our list of top retail banks this year a fresh [...]
UK’s co-operatives: we’ve boomed since credit crisis June 26, 2011 CO-OPERATIVES have massively outperformed other organisations since the credit crunch, a group promoting the sector will claim today. The turnover of all UK co-operatives, including companies such as John Lewis and the Co-op, has surged by 21 per cent since the financial crisis hit in 2008, its figures show. The combined turnover of all co-operatives [...]
Ofgem demands UK energy market shake-up June 22, 2011 Ofgem has told the country’s biggest utilities it believes sweeping reforms are needed to the retail gas and electricity market to encourage competition at a time of rising energy prices. “We will pursue breaking up the stranglehold of the Big Six on the electricity market to encourage more firms, like new arrival the Co-op, to [...]
Ofgem demands UK energy market shake-up June 22, 2011 Ofgem has told the country’s biggest utilities it believes sweeping reforms are needed to the retail gas and electricity market to encourage competition at a time of rising energy prices. “We will pursue breaking up the stranglehold of the Big Six on the electricity market to encourage more firms, like new arrival the Co-op, to [...]
BARCLAYS MAKES HAY AS THE PLOT THICKENS May 30, 2011 THE PLOT thickens at the Hay Festival, with news that Camilla, Duchess of Cornwall will be making an appearance today at the famous literary event. But Camilla isn’t the only surprise addition to the programme at the Hay-on-Wye books festival. Next Saturday, Wikileaks founder Julian Assange will make a rare public appearance when he gives [...]
BARCLAYS MAKES HAY AS THE PLOT THICKENS May 30, 2011 THE PLOT thickens at the Hay Festival, with news that Camilla, Duchess of Cornwall will be making an appearance today at the famous literary event. But Camilla isn’t the only surprise addition to the programme at the Hay-on-Wye books festival. Next Saturday, Wikileaks founder Julian Assange will make a rare public appearance when he gives [...]