May 2010 Noteworthy News

May 2010 Noteworthy News

Monthly Noteworthy News: Bank Taxes to Fund Future Bailouts The IMF is set to propose new taxes on global financial institutions. FSC (Financial Stability Contribution) and the FAT  Tax ( Financial Activities Tax) – did we just see irony? – will be placed on profits and pay. The next G20 held, Canada in June, is [...]
Faulty Towers?

Faulty Towers?

It has emerged  that the Bank of England was lender to RBS and HBOS in autumn of last year, for the sum of £61.6 billion on top of the taxpayer bailouts. Revealing the bailout to the Treasury Committee, Bank Governor Mervyn King said "confidence can best be sustained if the Bank’s support is disclosed only when [...]
Hammering Down The Sale

Hammering Down The Sale

Having recently talked about a theme tune for many a business as being  Who Will Buy?  following the European Commission’s concerns about the Government bailouts stifling competition and their pressuring the Government to scale-back state-aided Banks, over the next four years changes will happen and it could be our bailed-out Banks’ swan song. Although for [...]
Revive to Survive

Revive to Survive

Very few people have been unaffected over the last 6 - 12 months, with small businesses and self-employed especially hit, so rather than keep shouting from the rooftops we felt inspired to turn to our favourite;  Music. For holidaytime singalongs and karaoke the alternative lyrics to an all-time classic might be of use  or raise a [...]