Business insolvencies fell nearly 7% in the second quarter of 2014 but personal bankruptcies rose significantly, latest figures from the Insolvency Service have revealed. The Q2 2014 there were 3,461 company liquidations, a drop of 6.9% from Q1 2014 and a 15.1% fall compared to Q2 2013. There were 2,487 creditors’ voluntary liquidations in Q2 […]
UK house prices grew at the slowest rate in 18 months in July 2014, research by market analyst Hometrack has found. Hometrack’s monthly housing survey reveals house prices rose by 0.1% over the month, compared to 0.3% in June. Key findings for July 2014:the number of new buyers registering with agents fell 0.9%24% of postcode […]
During a quiet week for the most traded currencies (GBP, EUR and USD), today we focus on the Antipodean currencies: the Australian and New Zealand Dollars. Which way have their exchange rates been heading, and why? Those of you looking to transfer money down under, perhaps for emigration later in the year or just to […]
More than 1 million UK pensioner households have total wealth of more than £1 million, research by Prudential has found. The analysis, based on official figures for 2010-2012, reveals that the number of over-65 millionaires increased 69% compared to 2006-2008 when the number stood at around 636,000. This means that 11% of pensioner households now […]
Yesterday saw the Pound lose ground as the effects of Wednesday’s Bank of England minutes filtered through foreign exchange markets. Mark Carney’s band of merry men (and women) seem reluctant to give any support to interest rate rise sentiment, with a ‘will they, won’t they?’ see-saw giving us a stronger Pound one minute and a […]
Yesterday was a fairly quiet day for UK and EU data which meant markets had little to go on. The day started early with some Swiss releases where we saw trade balance come in drastically under forecast. This paved the way for weakening and we saw sterling make steady gains all day. With the Swiss […]
In what was a very quiet day in the way of data yesterday we saw as expected the pound lose ground across much of the board, most noticeably against USD and EUR. Throughout the days trading by close of play GBP had lost around 25 pips against the single currency and nearly 50pips against the […]
The government’s targets for rolling out high-speed broadband to businesses across the UK need to be “much more” ambitious, according to a report by the Federation of Small businesses (FSB). Whereas households have largely felt the benefits of increased high-speed broadband coverage, 45,000 businesses are still struggling with dial-up connections at speeds of 2 megabits […]
As individuals experiencing some form of serious medical problem, we rely on our primary care General practitioners and then secondary care Medical Specialists to provide us with a package of care (typically including assessment, diagnosis, treatment and multidisciplinary care) that is safe, appropriate, in line with best practice guidelines and which has been clearly communicated to us. We understand that sometimes, over […]
Pension savers will have the right to free and impartial guidance on how to benefit from the pension reforms that come into effect in April 2015, the Treasury has announced. From April 2015, around 300,000 people in defined contribution schemes will have greater freedom over how they access their savings, removing the requirement to buy […]
In March 2014 Exarchou and Rosenberg International will become an alternative business structure (ABS) and transfer its head office operations to its London office. The aim is to develop its presence in London in order to promote its ability to service clients in the UK as well as take advantage of the esteem in which […]
International Referral, the world’s largest exclusive network of advisory firms is delighted to introduce George Rosenberg of Exarchou & Rosenberg International LLP. George has joined IR as our exclusive Construction Law member in the UK and Oman. Exarchou & Rosenberg International LLP is an International Law Firm specialising in international construction law and renders services […]