Tax Saving Accountants

Roasting the recession in Peterborough

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 […]

Tax Saving Accountants

Barclays Bank – 1.89 billion pounds profit

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.

Tax Saving Accountants

Fall in sales from various retailers

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 […]

Tax Saving Accountants

Firms in Peterborough swine flu precautions

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 […]

Tax Saving Accountants

Banking crises is easing says Bank of England

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 […]

Tax Saving Accountants

House sales is rising

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 […]

Tax Saving Accountants

Toyota reviews product ranges

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, […]

Tax Saving Accountants

4 billion tax being lost in the uk offshore

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 […]

Tax Saving Accountants

Fifteen percent in one year for house prices

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 […]

Tax Saving Accountants

Bank charges appeal thrown out by eight banks in the uk

An appeal by eight banks, against a High Court ruling that a regulator can investigate the fairness of overdraft charges, has been thrown out. The Office Of Fair Trading Welcomes The Appeal Court Ruling The Appeal Court ruled that the Office of Fair Trading (OFT) has the power to investigate the issue of bank charges. […]

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