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Director banned over £666k African stove investment

A company director that convinced investors to contribute funds to an African stove investment scheme has been disqualified for 14 years. According to the Insolvency Service, Mark Ayres acted as a director of Global Eco Projects in breach of an earlier director disqualification. Under his watch the company breached financial regulations by taking investor money […]

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Banks warn businesses to prepare for negative interest rates

Natwest and Royal Bank of Scotland have written to business customers warning they may have to charge them to hold desposits as a result of low global interest rates. This would signal the first time UK banks to introduce negative interest rates, the BBC reports. The letter, sent to 1.3 million combined business and commercial […]

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PFS to expand pro-bono service to Scotland and Northern Ireland

The Personal Finance Society is considering expanding its free advice service, run in partnership with Citizens Advice, into Scotland and Northern Ireland. Money Marketing revealed in May that the PFS and Citizens Advice were planning to growing the programme. Currently 179 PFS members are volunteering across 98 Citizens Advice centres as part of the MoneyPlan […]

Tapping the Brexit marketing opportunity

Analysis of the outcome of the referendum has been extensive and there are many issues still to be resolved. Indeed, the Donald Rumsfeld “unknown unknowns” applies perfectly to the current circumstances. But all of this provides the perfect backdrop for client retention and acquisition, as well as stealing back some of the momentum from the […]

Investment Clock Economic Update

In his latest Investment Clock economic report Ian Kernohan, Senior Economist at Royal London Asset Management, argues that ‘Lower for longer lives on’. Read the report here: The value of investments and the income from them is not guaranteed and may go down as well as up and investors may not get back the amount […]

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