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According to an article I read recently in the Peterborough Evening Telegraph, production figures for Peterborough businesses are showing positive signs. Apparently, local businesses are looking for long term trends rather than getting excited with this great news. During the last quarter, the total production output has dipped by 0.6, but increased by 0.5 per […]
I read an interesting article today which for a change, gave positive news in relation to a local business called Sundays in Peterborough. The great news is that they are looking to expand their Traditional Roast restaurant and takeaway to Lincoln and Northampton. This is the type of business news we need to be hearing […]
It seems that Barclays bank are doing well even in this climate. They are reporting that first half net profit figres increased 10 percent on stronger earnings from their investment banking division, but losses from bad loans rose steeply and consumers in the U.S. and Britain had more trouble repaying credit card debt.
Apparently, the latest CBI figures are showing a fall in sales from various retailers, but that wont spoil the positive outlook for the summer period. Barclays Commercial Bank for retail and wholesale in Peterborough said “he CBI’s findings stand in contrast to the good news received last week from the ONS statistics, but do little […]
Businesses in Peterborough and the whole of the uk are being advised to act sensibly to help productivity and lessen the impact on their businesses. Swine flu could have serious impact for sme’s and ensuring your business is correctly prepared is vital. Ministers have said that in the very worst case scenario, 100,00K people could […]
The Bank of England says conditions in the financial system are easing, although the banking system is fragile and vulnerable to disruption. The Financial System Sees A Loss Of £10tn In its Financial Stability Report, it said the total losses from the financial crisis reached $15tn (£10tn). However, that is a substantial improvement from March”s […]
The number of homes sold in the UK has continued to rise, according to HM Revenue and Customs (HMRC). Some 62,000 residential properties costing more than £40,000 were sold in May, up 7% on the previous month. The figure was the highest since October but still well down on the level of transactions seen during […]
Toyota is to review all of its products as the new president seeks to revive the world's biggest carmaker. Akio Toyoda, the grandson of the company's founder, also said the next two years would remain tough as the recession has sapped demand for cars. Toyota in May reported the biggest annual loss in its history, […]
The UK is losing at least £4bn a year through residents holding money in offshore tax havens, research claims. Offshore Tax Havens In Jersey, Guernsey & Isle Of Man Jersey, Guernsey and the Isle of Man were among popular spots for the wealthy to hold savings, the TUC said. EU rules allow UK residents to […]
House prices in England and Wales in January were 15.1% lower than a year earlier, says the Land Registry. The figures from the survey, widely regarded as the most authoritative, reveal that prices dropped by 0.8% in January compared with December. This is the 17th month in a row that average prices have fallen, following […]