Posted on November 11, 2008 by Nick
This post is going to be a bit odd for me, because I’m going to talk about something I don’t know much about at all- manufacturing. You see, I have always worked in the service sector. I’ve got soft, Fairy Liquid hands because ‘I’ve never done a ‘proper’ day’s work in my life’. I’ve lived [...]
Filed under: current affairs, finance, marketing, sales, service, tips | Tagged: britishness, building, business, credit crunch, downturn, economy, fabrication, food miles, made in britain, manufacturing, recession, run a business, start a business | 1 Comment »
Posted on October 13, 2008 by Nick
I recently asked whether there was any protection for business customers if a bank were to go bust. It turns out, there is. Small, and indeed not so small limited company businesses receive the same protection as savers (i.e. £50,000), provided that: Your turnover is below £6.5m Your balance sheet does not exceed 3.26m You [...]
Filed under: finance, tips | Tagged: business finance, credit crunch, finance, money, running a business, start a business | 1 Comment »
Posted on September 30, 2008 by Nick
A happy Tuesday to you! It is, if you’re a banker. The US is trying to approve a £400bn “Britney Spears” fund (oops! I did it again…) to basically cover intransigent bank loans. The thing is, I agree with all this. Regular readers will know that I’m an ardent free-marketer. The cost of the bailout is way less than the [...]
Filed under: current affairs, finance | Tagged: business, credit crunch, finance, financial security, financial services compensation scheme, FSCS, protection, regulation, start a business | Leave a Comment »
Posted on July 29, 2008 by Nick
The top story in the business press today is about Tesco‘s latest assault on the high street: Britain’s No. 1 retailer wants to massively increase its financial services offering. This is one of those announcements that makes so much sense, you wonder why we didn’t all expect it. Firstly, Tesco is no newcomer to finance- [...]
Filed under: current affairs, finance, marketing, retail, sales, service, technology | Tagged: bank, banking, credit crunch, CRM, current account, customer relationship management, customer service, financial services, motor insurance, profiling, retail, running a business, segmentation, small business, tesco | 1 Comment »
Posted on May 28, 2008 by Nick
What with all this talk of a credit crunch, many small businesses, mine included, would like to save money on essentials. It’s not that we’re in trouble; it’s just that casting a cursory eye over expenses is always a good thing to do. And something has to pay for my long lunches- something I’m just [...]
Filed under: finance, service, tips | Tagged: credit crunch, customer service, expenses, money saving, money saving expert, save money, saving | Leave a Comment »
Posted on April 28, 2008 by Nick
Last week, I found myself in the back of a taxi, chatting to London’s most talkative – and very amusing – cabbie. With the London Mayoral elections coming up, I was keen to get his opinions, and he was most forthcoming about the credit crunch. He was also forthcoming about his opinions on the philandering [...]
Filed under: current affairs, finance | Tagged: credit crunch, finance, small business, trickledown | 1 Comment »
Posted on March 6, 2008 by Nick
I want to tell you a story about my friend Paul. He lives a few doors down from me, and we went for a drink a couple of weeks back. He told me an astonishing story. Back in the early 1990′s, he was a bit strapped for cash. Somewhere along the way, he forgot to [...]
Filed under: finance | Tagged: banking, card, credit, credit crunch, debt, debt collection, finance | 1 Comment »
Posted on February 28, 2008 by Nick
Yesterday, Hector Sants, Chief Executive of the Financial Services Authority, warned that banks will have to change the way they do business. For finance fans, he specifically said that banks will have to keep more of their loans on their own books rather than selling them on- which was one of the causes of the [...]
Filed under: current affairs, finance | Tagged: banks, credit, credit crunch, finance, lending | Leave a Comment »
