Expat Expert: international protection plans November 4, 2010 Q.I am moving abroad with my family. How can I make sure I am fully protected? A.When you are working abroad, it’s worth checking that your existing critical illness cover still meets your family’s needs. You should check your existing insurance arrangements to ensure you are covered in the new country of residence and you [...]
PERSONAL FINANCE NEWS November 4, 2010 BRITS DON’T LIKE TO QUEUE ANY MORE British people are no longer as willing to patiently queue, according to research published today by the Payments Council. In fact, the average British adult can stand just 10 minutes and 42 seconds of waiting before getting frustrated. 83 per cent of people now turn to virtual alternatives [...]
How to avoid the effects of soaring higher education fees November 4, 2010 AS RECENTLY as February it was reckoned that it costs an average of £200,000 to raise a child to the age of 21 (excluding private school fees), while parents living in outer London shelled out £220,000 on each of their children. As if this wasn’t enough to keep parents and would-be parents awake into the [...]
Nissan lifts forecast thanks to sales hike November 4, 2010 Nissan Motor lifted its annual guidance and posted a doubling in quarterly operating profit as the popularity of new cars such as the March/Micra subcompact helped offset currency losses. Nissan, owned 43 per cent by France’s Renault, is on its way to outselling Honda to become Japan’s second-biggest automaker this year as its market share [...]
The three musketeers of start-up accountancy November 4, 2010 ACCOUNTANTS are supposed to be boring, right? Well that’s what I thought until I met Lynton Stock, Susan Hutter and Bobby Lane. They have taken their number-crunching skills and mixed in some entrepreneurial spirit. In 1988 Stock and Hutter were working at a big accountancy firm. They had risen from the ranks, become partners and [...]
Chinese thirst sees money pouring into sales of fine wines November 4, 2010 WINE has gained more value this year than either gold or shares, driven largely by Chinese demand. According to research from the Bordeaux Index – which tracks live changes in the prices of 80 to 100 of the most traded wines – demand for fine wine grew by 26 per cent in the year to [...]
SME owners say that bank lending problem damages London’s image November 4, 2010 BANKS’ continuing reluctance to lend to small businesses in London is damaging the capital’s reputation as a place to do business, says a report by law firm Mishcon de Reya and the London Chamber of Commerce and Industry. Of 170 small business owners in London who were interviewed 62 per cent said that they have [...]
Dubai’s Deyaar hit by recession November 4, 2010 Deyaar, Dubai’’s second-largest property developer by market value, suffered a third-quarter net loss of 145m dirhams (£24.3m), it said yesterday, missing an analyst forecast. The company, a rival of Emaar Properties and Union Properties, also said in a statement that gross revenue for the period came in at 63.5m dirhams. Deyaar’s total equity stood at [...]
Panalpina: Freight growth slowing November 4, 2010 Swiss logistics group Panalpina sees freight growth slowing in the fourth quarter after its third-quarter gross profit growth just missed expectations. The group, which competes with Kuehne & Nagel, continued to outpace the market with nine-month volume growth of 27 per cent for air and 16 per cent for ocean freight. It reiterated yesterday its [...]
PRICES NEED SCIENCE NOT GUESSWORK November 4, 2010 SERIAL ENTREPRENEUR AND AUTHOR PRICE is well known to be the single most powerful determinant of profit, so why continue to use guesswork more than science? What is the right price for your product and service? Do you really have an educated idea? Have you gone to the trouble of testing and checking different prices, [...]
