June 2011 Noteworthy News

June 2011 Noteworthy News

The health status of micro and small businesses  improved , according to Experian’s April Insolvency Index which revealed that 0.55% fewer UK companies become insolvent, 1,808  in number (0.10% of active businesses), compared to the  same period last year. There has been an increase of 4.44% year-on-year amongst medium sized companies, whilst the big boys [...]
That’ll Be Three French Hens and No Ladies Dancing

That’ll Be Three French Hens and No Ladies Dancing

Thanks to the PNC Christmas Price Index the economy can be tracked when illustrating the purchase of gifts for the traditional Twelve Days of Christmas. The Index shows, in keeping with inflation, Christmas gets more expensive each year with a 1.8% increase over last year; itself an 8.1% increase over the previous year.  This year’s True [...]

More Meat for the G20 to Chew On

At the weekend, the G20 economic Ministers, amongst their discussions, worked on an agreement aimed at protecting global Banking from systemic risks and reforming Bankers’ bonus payments. The contentious areas are likely to be the requirement to hold more and higher quality capital and the setting of leverage ratio, limiting the amount of borrowing by [...]