Last year the value of deals in emerging markets executed by UK firms fell to $10.7bn, a fall of 50 per cent on 2011, leaving them at number five in global rankings.
Interest in the Government’s Start-Up Loans Scheme reached an unprecedented high this month, with the number of applications reaching 7,000 in a matter of weeks after the entry requirements were broadened.
The retail distribution review (RDR) has been welcomed by the pensions industry but there is concern that its implementation could lead to a lack of advice in the industry as a whole.
According to an annual M&A review, major companies could be about to start spending the cash they hoarded in 2012, which was a record year for divestments.
Following the recent sad demise of high street chains Jessops and HMV, three UK business campaigns have joined forces to urge the businesses’ administrators to allow them to turn the empty branches of the stores into pop-up shops for entrepreneurs.
Although Prime Minister David Cameron has postponed his speech on Europe because of the Algeria hostage crisis, financial policy makers are getting nervous about being distanced from Brussels during crucial talks on reforming the audit industry across the member states.
Now that Germany’s Bundesbank has announced that it is to repatriate gold reserves held abroad to tighten control and combat currency crises in the future, the price of gold per ounce has started to rise and had climbed $14.50 to $1,682.60 by mid-morning yesterday.
Later this month the first Pitching for Management tour of 2013 will start at the University of Staffordshire in Stoke-on-Trent and will take place in a further 11 locations across the country between January and March.
With recent surveys revealing that small firms feel more optimistic about raising finance in 2013, those who have opted out of mandatory audits should think again, as investors need the confidence that a professional audit brings to financial statements.
Investment bank Citi has predicted that the Bank of England will maintain interest rates at 0.5 per cent until mid-2017 as the country fights to get back to economic health.