British academic awarded Nobel economics prize

British academic Angus Deaton has been awarded the Nobel economics prize for 2015 for his analysis of consumption, poverty, and welfare. The 69 year old professor of economics and international affairs at Princeton University was previously at Cambridge and Bristol universities. His research focuses on health, wellbeing, and economic development. Professor Deaton had been in […]

November 22, 2015  Tags: , ,   Posted in: Business Finance, Business Win, Finance Business, Uncategorized  No Comments

Barclays reports 25% rise in profits

Barclays bank has reported a 25% rise in pre-tax profits to £3.1 billion for the six months to the end of June. Profits last year were £2.55 billion. The bank also set aside a further £850 million to compensate customers – including further claims for mis-sold payment protection insurance. The results come less than a […]

August 27, 2015  Tags: , , , ,   Posted in: Business Finance, Business Profits, Business Win, Uncategorized  No Comments

Nationwide’s profits double to £1 billion

The Nationwide building society has reported a 54% rise in annual pre tax profit to £1.04 billion. The Nationawide has also regained its position as the UK’s second largest mortgage lender-  the building society reported a profits of £677 million last year. Nationwide also announced its chief executive, Graham Beale, would retire next year after […]

June 2, 2015  Tags: , , , , , , ,   Posted in: Business Finance, Business Sales, Business Win, Ecommerce Business, Finance Business, Uncategorized, Winning Business  No Comments

Personal insolvencies at lowest level since 2005

The number of people becoming insolvent in England and Wales has fallen to its lowest level in nearly a decade. According to the Insolvency Service, 20,826 individuals became insolvent in the first three months of 2015. That is the lowest figure since the autumn of 2005, and a fall of 18.6% on the number a […]

April 29, 2015  Tags: , , ,   Posted in: Business Survival, Business Win, Finance Business, Uncategorized  No Comments

ANZ bank announces record annual profit

One of Australia’s biggest banks ANZ, has announced a record full year net profit of £4 billion- up 15% from a year earlier. In the statement the lender also said its cash profit rose 10% to £3.91 billion during the same period- the cash profit number is the bank’s preferred measure of performance and came […]

November 1, 2014  Tags: , , , , , ,   Posted in: Business Finance, Business Growth, Business Jobs, Business Win, Finance Business, Uncategorized  No Comments

US Federal Reserve ends QE programme

The US Federal Reserve has said that it is ending its quantitative easing (QE) stimulus programme which it began in 2008. The Fed said it was confident the US economic recovery would continue, despite a global economic slowdown as the targets for inflation and reduction in unemployment were on track, the Fed said in a […]

October 30, 2014  Tags: , , , , , ,   Posted in: Business Finance, Business Growth, Business Win, Finance Business, Growing Business, Growing Businesses, Growing Economy, Uncategorized  No Comments

UK insolvency rate falls to 8 year low

The rate at which UK citizens are becoming insolvent has fallen to its lowest since before the financial crisis, according to official figures. In the 12 months to September 2014, just 0.22% of the adult population became insolvent.  This is the lowest rate since the spring of 2006, according to the Insolvency Service. The number […]

October 25, 2014  Tags: , ,   Posted in: Business Finance, Business Survival, Business Win, Finance Business, Uncategorized  No Comments

Standard Life increases profits by sixth

 The pensions, savings and investment firm Standard Life has increased it’s profits- partly helped by cost cutting.It reported operating pre tax profits of £302 million for the first half of the year- an increase of 15%. The UK figures were particularly strong, with pre-tax profits up from £87 million in the first half of 2011 […]

August 30, 2012  Tags: , , , , , , , , , ,   Posted in: Business Finance, Business Profits, Business Sales, Business Win, Finance Business, Global Business, Growing Business, Growing Profits, Growing Sales, Uncategorized, Winning Business  No Comments

HSBC annual profits grow to £13.8 billion

HSBC’s annual profits grew 15% to £13.8 billion ($21.9 billion) in what it called a year of “major progress”.The bank is the biggest in Europe and makes about 90% of its profits outside the UK. HSBC’s UK profits were 17.2% higher than last year at £1.5 billion. The bank singled out its “strong performance” in […]

March 29, 2012  Tags: , , , , , ,   Posted in: Business Finance, Business Growth, Business Profits, Business Win, Global Business, Growing Businesses, Professional Services, Uncategorized, Winning Business  No Comments

Big Society projects get £3.1 million boost

Four Big Society projects are to get £3.1 milion in funding from dormant bank accounts, the government has announced.The cash will be used to help the long term unemployed set up business, vulnerable youngsters find jobs, a community energy project and fund the first social business stock exchange. In total, about £400 million in unused […]

January 4, 2012  Tags: , , , , , ,   Posted in: Building Businesses, Business Development, Business Finance, Business Growth, Business Jobs, Business Win, Growing Businesses, Uncategorized  No Comments