The British Bankers Association (BBA.org.uk) have recently announced a new initiative called their Business Finance Taskforce. Released on 13th October it is designed to help business thrive and grow. The task force has amassed the support of a number of key banks all committing to 17 actions in 3 broad areas to help businesses thrive [...]
Filed under: Banks, Business, Credit Crunch, Finance, Small business | Leave a Comment »
An earlier posting in the wake of the Lehman’s failure criticises the insolvency sector and in particular Price Waterhouse Coopers(PwC) for its ability to rack up huge bills without proper policing. The posting also suggested that it was almost immoral that in the light of the banking failures generally, a group of prosperous accountants were [...]
Filed under: Finance, Government, Insolvency | Tagged: Lehmans, PwC | Leave a Comment »
So Darling has delivered his budget and we are all now trying to open our bleary eyes and come to terms with some of the smaller print. As I am currently abroad, I haven’t had a chance to read all the press releases or discuss the finer points with colleagues.
Filed under: Credit Crunch, Finance, Taxation, The Budget | Tagged: BP, The Budget | Leave a Comment »
There is an email doing the rounds at the moment a variation of which I have seen over the years. Nevertheless, it still makes me chuckle. Entitled “economic models explained – an update”, it uses the example of 2 cows to amusingly explain different political and economic systems and country stereotypes.
Filed under: Accounting, Banks, Credit Crunch, Finance, Miscellaneous | Leave a Comment »
Last Sunday’s papers contained a number of articles and letters about the new government loan guarantee schemes or at least the existing schemes and how they are being implemented by the banks.
Filed under: Banks, Business, Credit Crunch, Finance | Leave a Comment »
On my recent travels, I met a number of educated Americans who were somewhat concerned about their government’s involvement in the banking sector. As with our situation here, a number of major banking institutions have now effectively been nationalised and as one American put it to me, would you really want these politicians running your [...]
Filed under: Banks, Business, Credit Crunch, Finance | Leave a Comment »
My many fans, (!) will be aware of my past postings on the subject of futile tax cases concerning various foodstuffs. With this in mind, it was with great excitement that Gerry, my loyal PA burst into my room this morning and advised me that she has just heard on the radio that Marks and [...]
Filed under: Finance, Taxation | 4 Comments »
Hardly a day goes by without the banks being in the news for something or other. Last week, we started with the government’s second bail out on the Monday swiftly followed with immaculate timing by RBS’s spectacular presentation of the worst results in UK corporate history.
Filed under: Audit, Banks, Credit Crunch, Finance | 1 Comment »
If you operate as a limited company, you will probably be aware of the late filing penalties that have existed for some years. These were levied by Companies House when accounts were filed later than their due date, (normally 10 months after the end of the financial year for a private company).
Filed under: Accounting, Audit, Business, Finance, Miscellaneous | Leave a Comment »
In my formative years as a newly qualified accountant, the mantra “cash is king” was something that was spoken about on a regular basis. In latter years, and particularly in the current economic climate, this is something that is being spoken about more and more.
Filed under: Credit Crunch, Finance, Miscellaneous | Leave a Comment »
