by admin | May 22, 2017 | Blog, Business, Economy, Finance, Small Business Blog
Similar to central Bank’s quarterly forecasts, BoE's latest Agent Report shows consumer spending power had been hit by higher prices, and manufacturing export growth had risen which ‘mostly reflected the effects of the earlier decline in sterling’, also reflected in consumer goods price inflation markedly picking up through supply chains and into retail prices. Credit [...]
by admin | Aug 26, 2016 | Blog, Business, Economy, Finance, Government, Miscellaneous, Uncategorized
How Brexit will affect businesses and the economy in the near and far future remains an enigma and the most recent Inflation Report reflected such. As the Banks' way of stemming negative impact on the economy, the announcement of initiating a Corporate Bond purchase programme described the necessary investment grade bonds as ‘representative of issuance [...]
by Step-Up Finance (Business) | Mar 12, 2014 | Blog, Business, Economy, Finance, Miscellaneous
For a bank which had the resources to be ethical and promoted itself as ‘ethical’ - it’s fallen short. Acquiring a load of toxic debt along with Britannia Building Society and thus far avoiding being wound up, it’s been a painful year for the mutually owned Co-Op Group. And it’s CEO has now been cited as [...]
by Step-Up Finance (Business) | Jan 27, 2014 | Blog, Business, Economy, Finance, Small Business Blog
The Bank with a tagline: The Moments That Matter experienced a technology ‘glitch’ (a description adopted for anything that has a wire attached, but doesn’t work) when a part of Lloyds Banking Group’s technology managed to disable some of their hundreds of thousands of customers from using debit cards and cash points over the weekend. Apparently, [...]
by Step-Up Finance (Business) | Jul 1, 2013 | Blog, Business, Business Finance Junction, Monthly Musings, News, Newsletter, Noteworthy News, Small Business Blog
On July 1, former Bank of Canada Governor Mark Carney will replace Sir Mervyn King as Governor of the Bank of England with a first Monetary Policy Committee (MPC) meeting on July 3 and 4. Mr Carney sees that an important role for Central Banks is to offer “forward guidance” when the economy and monetary policy [...]