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Rates expected to remain on hold

Thursday 10 July 2014

Interest rates are expected to remain on hold today as policymakers weigh up the mounting arguments for a first change in more than five years.This week's meeting of the Bank of England's monetary policy committee (MPC) is the first since gove...

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New MD at Minerva

Wednesday 09 July 2014

Minerva has announced the appointment of John Wood as its new Managing Director. Minerva is a family owned fiduciary business that has been in existence in Jersey for over 35 years.In addition to the day-to-day running of Minerva’s Jersey office, John will also be responsibl...

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Jersey Business appoints Deputy Chairman

Wednesday 09 July 2014

Jersey Business has appointed Wendy Lambert to its Board in the role of Deputy Chairman. Ms Lambert is a Jersey qualified solicitor with over 25 years’ experience in providing legal advice in the areas of employment law, business set-up, mergers and acquisitions, commercial property and corporate insolvency.Jersey Business is an independent body established two years ago by the States of Jersey to provide ...

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Two senior appointments at PwC

Tuesday 08 July 2014

PwC Channel Islands has announced two Director appointments within its leadership team: David Waldron in Guernsey and Becky Brewer in Jersey.Since joining PwC CI in 2002, Ms Brewer has built up a wealth of knowledge and experience across a v...

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Complaints over payday loans double

Tuesday 08 July 2014

The number of complaints regarding payday loans has more than doubled since 2012, new figures reveal, as the Financial Ombudsman warns people to confront "the shame factor" and speak up about debt worries. Almost 800 people made complaints about payday lending in the 2012/13 financial year, a report released today shows, compared with fewer than 300 in the previous financial year.In almost two thirds of cases taken on by the ombudsman, the office found in favour of the consumer....

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Call to avoid 'hasty' rate rise

Tuesday 08 July 2014

The Bank of England should avoid any "hasty" move to raise interest rates after figures showed signs of a growth slowdown in some sectors of the economy, a leading business group warned today. Figures compiled by the British Chambers of Commerce (BCC) for the second quarter of the year showed an increased risk to the UK's prospects, it said.They revealed that some indicators of manufacturing and services performance eased following a surge...

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