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CBI reports growth in market confidence

The financial services sector saw a significant increase in confidence at the start of 1999 with 50 per cent seeing an increase in volumes of business.

The CBI/PricewaterhouseCoopers quarterly survey of the sector shows the industry shaking off fears of a major slowdown.

But not all firms are confident. Just over a fifth of those surveyed saw business falling off.

Securities traders, banks and life insurers were the most optimistic, expecting business volumes to rise over the next three months. General insurers and building societies headed up the lists of pessimists, expecting business to fall.


West Bromwich Building Society backs Race for Opportunity

West Bromwich Building Society has backed &#39Race for Opportunity&#39 a nationwide initiative to boost ethnic minorities employment by UK business.RfO was launched by Business in the Community in 1995 to promote awareness of the competitive advantages of developing links with the UK&#39s ethnic minorities.The society is sponsoring a careers event for 100 children from ethnic […]

Gartmore&#39s McNaught joins Polar expedition

Gartmore Fund Managers managing director Lewis McNaught is set to join three other Britons in an expedition to the North Pole.The trek begins on April 25 as the team set off to walk the last degree of latitude towards the geographic North pole.The trek in aid of Starlight Children&#39s Foundation will be the culmination of […]

Saunders call for mortgages to be regulated

The Financial Services Authority Consumer Panel has called for long term care and mortgages to be regulated by the FSA.Panel chair Barbara Saunders made the call in evidence to the Joint House of Commons and Lords Scrutiny Committee examining the Financial Services and Markets Bill.She said: &#34The rhetoric of a one stop shop needs to […]

Independent View

Not long ago I read an art icle by Inigo Bing, a metropolitan stipendiary magistrate, which discussed how an aphorism by Sir Isaiah Berlin, the philosopher, could be applied to the changes that are taking place in the criminal justice system.Although I had heard of Sir Isaiah, my knowledge of his life is limited to […]


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