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Penelope&#39s Pantry to go Public

Penelop&#39s Pantry the popular Hitchin Cafe is about to become a public listed company. Penelop herself said that she would be releasing half the stock for the offer price of £1.75. City analysts have been quoted as saying &#39Who!&#39.



Staff have added an extra 10% surcharge to all customers over 6 feet tall as they have found that they do not eat all their chips.



A new line

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£13m bill to set up FSA

The Financial Services Authority will cost regulated firms, including IFAs, an extra £13m to set up. The figure emerged this week as the FSA announced its regulatory plan and budget. The new regulator is being created from the merger of the self-regulating organisations, including the PIA and Imro. The £13m extra bill will be paid […]

Granfield targets industry

PR firm Grandfield is entering financial services after hiring two consultants with 40 years&#39 industry experience between them. Fiona Monro and Dudley Howard will be joint managing directors of a new division, Grandfield Financial Services Group. It will offer communications and marketing advice to financial services businesses including institutional fund managers, private bankers and retail […]

Case for putting an end to MIGs

You know that moment when your client&#39s eyes glaze over with a complete lack of comprehension? There you are, merrily making your way through a mortgage application. You have explained the deposit, the interest rate, redemption charges and what they should and should not budget for. Then you hit a snag. Mortgage indemnity guarantees – […]

DSS misses point on stakeholder pensions

The 64 questions in the recent DSS consultation document on stakeholder pensions range from the general to the very detailed. For example: “What would be the most appropriate way of establishing stakeholder pension schemes so as to provide security for members and effective mechanisms for ensuring that schemes are run in the interests of members […]

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Fit for Work: guidance for employers published

On Friday, the Department for Work and Pensions published its guidance for employers on using the new Fit for Work (FfW) service to help ill employees return to the workplace. It also includes more details on the tax exemption for medical interventions that commenced on 1 January 2015.

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