Oct
2009
Articles from 21st Oct 2009
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Companies ignoring threat of internal fraud
Oct 21 2009 | Financial
Employees seeking to maintain their affluent lifestyles are increasingly turning to defrauding their employers, and the length of the recession and slow pace of growth is escalating the risk of this type of insider fraud, according to specialist fraud lawyer Mark Kenkre, a partner at Midlands firm Challinors. Read
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Private equity firms switch focus to healthcare and business support services
Oct 21 2009 | Financial
The majority of private equity firms expect to change their sector focus in the coming 12 months, according to Grant Thornton’s latest study of the sector. Read
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Midven prove capital investment is still productive despite recession
Oct 21 2009 | Financial
Venture fund managers Midven says capital investment is still productive despite the recession, after making a 15 per cent return on its most recent project. Read
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Bank bonuses set to rise to £6billion
Oct 21 2009 | Financial
The City is preparing a 50 per cent rise in annual bonuses to £6 billion as bank profits make a swift recovery, a leading research group has said. Read
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Restaurants still flourish in recession, says Aston Reinvestment Trust
Oct 21 2009 | Financial
Enterprise is still booming in the food and drink sector, according to a Birmingham-based enterprise financier. Read
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Wragge advises on hostile investment deal
Oct 21 2009 | Financial
The equity markets team at Wragge & Co has advised the AIM-listed Conygar Investment Company on its successful hostile reverse takeover of the Advantage Property Income Trust. Read
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Black Country lender BCRS takes on development manager
Oct 21 2009 | Financial
The Black Country Reinvestment Society (BCRS), the Wolverhampton-based community finance organisation, has appointed a new business development manager. Read
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Accountants fear online tax returns rule may cause chaos
Oct 21 2009 | Financial
Accountants across the UK have warned that Government plans to make online filing of company tax returns compulsory from April 2011 could cause chaos. Read
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Homebuyer demand lifts mortgage lending
Oct 21 2009 | Financial
Strong demand from people buying a new home helped mortgage lending edge up by two per cent last month, new figures show. Read
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Official figures show Britain’s public borrowing ballooned by a further £14.8 billion in September.
Oct 21 2009 | Financial
The latest surge takes net borrowing to £77.3 bn for the six months of the financial year so far – the highest half-yearly figure since Office for National Statistics records began in 1946. Read
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40 jobs to go as Lloyds sells fund management unit to Rathbone
Oct 21 2009 | Financial
Lloyds Banking Group has announced a deal worth up to £35.4 million to offload part of its private client fund management business. Read
