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Local Financial News
 
Finance Pages The “old fashioned bank manager” returns to South Wales
Straight Business Solutions of Birmingham, have recruited a new Business Finance Adviser for South Wales to cope with demand from the SME market place for all types of business finance and grant funding.
 
Trading the world of finance for support firms can bank on
A SWANSEA banker has swapped the world of high finance to help grassroots enterprises in the city get out of the recession.
 
The Latest Base Rate Decision
John Meloni from Mortgage Solutions comments on the latest decision by the Bank of England's Monetary Policy Committee (MPC) to hold interest rates at 0.5%, a decision that comes as no surprise to most analysts.
 
Finance Pages Barclays New Appointment
Barclays has appointed John Union as Head of Swansea, Mid and South West Wales, Barclays Commercial Bank. Based in Pockets Wharf Swansea, John will be responsible for managing and developing a team of Relationship Directors and locally based support staff
 
Finance Pages Gwalia Ahead of the game as Minister visits new eProcurement system
AndrewDavies, Minister for Finance and Public Service Delivery in the Welsh Assembly Government paid a visit to the Gwalia offices in Swansea to see the new eProcurement system and website.
 
The 2009 Budget and the Impact on the Housing and Mortgage Market
John Meloni of Mortgage Solutions comments on the 2009/10 budget speech announced by the Chancellor Alistair Darling. The budget speech made on the 22nd April 2009 did little to offer any great stimulus to the housing and mortgage markets
 
IMMEDIATE CBI REACTION TO CHANCELLOR'S BUDGET SPEECH
Reacting to the Chancellor's Budget speech, Richard Lambert, CBI Director-General, said: "The key question for this Budget was whether it set out a credible and rigorous path for restoring the public finances to health.
 
FOLLOWING TODAY'S BUDGET, THE WELSH ASSEMBLY GOVERNMENT MUST NOW EMBRACE PUBLIC SECTOR REFORM SAYS CBI WALES
David Rosser, CBI Wales Director said:"The key question for this Budget was whether it set out a credible and rigorous path for restoring the public finances to health.
 
MORTGAGE SOLUTIONS IN SWANSEA COMMENTS ON LATEST BASE RATE DECISION
John Meloni Comments on the Bank of England's decision to hold the base rate at 0.5%. "The Monetary Policy Committee's decision to hold the base rate this month is not a surprising one.
 
Swansea Building Society
The Swansea Building Society was founded as a mutual Building Society in 1923. The Society continues to make good progress and with the support of our members, has every reason to look forward to a prosperous future.
 
John Meloni of Mortgage Solutions comments on HOPE ON THE HORIZON FOR FIRST TIME BUYERS?
Amongst the gloomy economic press, there may be a glimmer of light for first time buyers with the release of recent information regarding the property and mortgage market.
 
One in four companies looking to use group corporate SIPPs as their main pensions vehicle
One in four (27%) UK businesses are considering setting up a corporate self-invested pension plan (SIPP) both as their main pension arrangement and to enable their employees to roll over maturing shares in company share plans
 
£250M boost for firms. Small firms given lifeline amid global cash crisis
BUSINESSES in Wales are receiving a
 
Latest Base Rate cut to 1% - Moving Your Mortgage Now!
John Meloni from Mortgage Solutions comments on the latest decision to cut the Bank of England Base Rate to its lowest rate in history of 1% and why staying on a standard variable rate may not be the best option.
 
Finance Pages Tax payment deadlines approaching - feeling the crunch?
Not only is 31 January the deadline for submitting self-assessment tax returns but it is also the date for payment of self-assessment tax liabilities. For many businesses, 31 January is also a VAT quarterly payment date (not to mention the normal monthly
 
Finance Pages Century in city is something to celebrate
The Fforestfach branch was opened in 1908 by the London and Provincial Bank, which became part of Barclays Bank in 1918. The original office was known as Meifod House, later numbered 906 Carmarthen Road.
 
Optimism that borrowing plan will save jobs
JOBS will be saved in South West Wales thanks to government measures aimed at unblocking lending to small firms, according to local business leaders. Yesterday (Weds JAN 14) Business Secretary Lord Mandelson announced an action plan
 
Mortgage interest rates hit all-time low
Mortgage Solutions based in Walter Road Swansea comments on the Bank of England's decision to decrease the base rate to 1.5%. "The recent cut in interest rates to 1.5% by the Bank of England is the lowest level in 315 years.
 
Stocks and shares news:
RETAILERS suffered a fresh drubbing yesterday as investors continued to fret over the bottom-line impact of this year's Christmas trading woes.Marks & Spencer shares dropped four per cent, or 11p, to 232.5p amid fears of another profits warning, while Arg
 
Bank will pass on rate cut
SMALL businesses have been given a welcome boost by a leading bank.
 
LOWEST BASE RATE SINCE 1951
John Meloni at Mortgage Solutions comments on the Bank of England?s decision to decrease the base rate to 2%.
 
Top Tips for surviving the credit crunch
Look after you customers: It's cheaper to keep old customers rather than acquire new ones. Look after those long-term customers that know you and trust you to make sure they keep on coming back.
 
Wales turns to coffee and takeaways in belt tightening times
Consumer spending in coffee shops, and takeaways on the up as High Street holds firm Figures gleaned from the spending habits of approximately 20 million Barclays customers across the UK have revealed that the nation's takeaways and coffee shops are among
 
Irish banks secure customer savings
LAST week the Dublin government took the unprecedented step of guaranteeing 100 per cent the deposits in its banking industry amid fears of a run on Ireland's beleaguered banks.
 
New firms drawn to south
DESPITE the downturn in the economy, more entrepreneurs are setting up businesses in Wales, according to figures released by Barclays.
 
Finance Pages Stock Shares
BATTERED financial stocks recouped some of their losses as investors bet that a cut in American interest rates will shore up economic prospects.
 
 
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