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Royal Bank of Scotland
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China Not The Cause of Global Economic Crisis
Jan 22, 2016The world's stock markets are spiralling downwards. The U.S. equity market fell 10 percent last month. Investor terminology calls this a "correction" not a crash. But prospects don't look good. Big investors, banks and financial ...
Tags: Economic Crisis, investment banks
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UFP Invested to Help Them Boost Their Annual Turnover
Sep 22, 2014UK-based packaging firm Universal Flexible Packaging (UFP) has invested £11m at a new facility that will help them boost their annual turnover from the current £17m to £25m in three years. The firm will be relocating ...
Tags: Flexible Packaging, Packaging
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Britain's Economy Has Grown to Surpass The Peak It Reached in 2008
Aug 15, 2014LONDON (AP) — Britain’s economy has grown to surpass the peak it reached in 2008, before the global banking crisis caused a deep recession, official figures showed Friday. The Office for National Statistics said gross domestic ...
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Interest in Predictive Analysis Spiked After The Infamous Electronics Supply Chain Break
Apr 21, 2014As tech clichés go, “big data” falls somewhere between “cloud” and “social” on the list of terms you’re probably tired of hearing — ideas so broad they mean hardly anything at all. ...
Tags: big data, electronics supply chain
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Henkel Completes The Refinancing and Amendment of Two Credit Facilities with 1,500mn Euros
Dec 16, 2013Henkel successfully completed the refinancing and amendment of two credit facilities with a total amount of 1,500 million euros. The transaction includes the replacement of the company's 700 million euros revolving credit facility with a ...
Tags: Henkel, refinancing, credit facilities
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RBS Has Been Accused of "Horrendous Treatment" of Some Small Firms
Nov 26, 2013The Royal Bank of Scotland (RBS) has been accused of “horrendous treatment” of some small firms, after it allegedly wrongly classified sound businesses in a high risk category in order to boost revenue. RBS has been accused of ...
Tags: RBS, accuse, horrendous, firm
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Direct Line Group Reported Operating Profit of 131.2m for The Q3,with an Increase of 6.1%
Nov 5, 2013British motor insurer Direct Line Group has reported operating profit of £131.2m for the third quarter of 2013, with an increase of 6.1% compared to £123.7m during the same period earlier year. The company said that the 6.1% ...
Tags: motor insurer, Direct Line
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RBS Is to Spend More Than £300m on a New It System
Oct 1, 2013The Royal Bank of Scotland (RBS) is to spend more than £300m on a new IT system as it prepares to sell off 314 branches under the Williams & Glyn's moniker. RBS is reviving the Williams & Glyn's name after 30 years, with the ...
Tags: Computer Products, software
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Whitworths Has Received a Big Cash Boost After Private Equity Firm
Sep 17, 2013Whitworths, the dried fruit, nut and seed supplier, has received a big cash boost after private equity firm Equistone Partners Europe Fund IV acquired a major stake in the Midlands-based firm. Equistone Partners investment will enable ...
Tags: Fruit, Nut, Agriculture, Food
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Steel Leads Surge to A 17-Month High in Business Activity
Sep 16, 2013China's business activity surged to a 17-month high in August, providing fresh evidence that the protracted economic slowdown in China may be bottoming out. Industrial production gained 10.4 percent from a year earlier, picking up from ...
Tags: Steel Leads, Steel Sector
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Equistone Partners Europe Acquires a Majority Stake in Whitworths From European Capital
Sep 16, 2013Equistone Partners Europe, a private equity firm, has acquired a majority stake in Whitworths, a UK-based supplier of dried fruit, nut and seed products, from European Capital in a deal which valued the company at £90m. Whitworths, ...
Tags: Whitworths, Equistone Partners
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Sydney's Cross City Tunnel Is Facing Receivership for The Second Time in Seven Years
Sep 11, 2013Sydney’s Cross City Tunnel is facing receivership for the second time in seven years. The Tunnel’s owners are required to refinance the project to the tune of $79 million by September 30, however an unpaid stamp duty bill ...
Tags: Cross City Tunnel
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The Company Was Able to Fund The Purchase of a New Case Maker
May 23, 2013NatWest, a member of the Royal Bank of Scotland Group (RBS), has funded new machinery for Derbyshire packaging company Custompak. Custompak managing director John Baldwin said, "Like many small businesses, it's been an uphill struggle but ...
Tags: Natwest Funds, Packaging Machinery
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WorldPay Has Reduced The Time It Takes From Minutes to Just 20 Seconds
Apr 19, 2013Online payment service provider WorldPay has reduced the time it takes to perform analysis and management of firewalls from minutes to just 20 seconds, thanks to the tools provided by operational intelligence firm Splunk. That's what ...
Tags: Computer Products, software
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The Swathe of Job Cuts Sweeping Through The Manufacturing Sector in Australia
Mar 19, 2013At least 150 workers at CSR’s Viridian glass-making factories in western Sydney confront the closure of their plants and the destruction of their jobs, in the latest of the swathe of job cuts sweeping through the manufacturing sector ...
Tags: glass workers, glass, glass making factories