Finance News

May saw sterling hit a high against the dollar and the euro!

No policy change doesn't mean a quiet month: After a quiet first quarter, April saw foreign exchange markets snapped back into life. And there's been no shortage of news to react to despite no change in monetary policy at home, across the Channel or in the United States.

Date: 14 May 2012
Author: Jeremy Hartill
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Finance News

Budget review - full steam ahead ... next year

In what had been billed as one of the most leaked budgets of recent years, the Chancellor set out his plans for the economy, writes lease accounting and taxation expert, George Tonks, of Invigors EMEA LLP.

Date: 21 Mar 2012
Author: Simon Brook
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Finance News

Conditions in Europe are even more challenging!

There has been something of a transatlantic divide developing over recent months. Data in the US continue to point to a pick-up in economic momentum, with recent trends in the labour market particularly encouraging. This recovery comes from a low base, however, with significant uncertainty remaining over the housing market and fiscal outlook.

Date: 12 Mar 2012
Author: Jeremy Hartill
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Finance News

Signs of encouragement from the global economy!

There have been some tentative signs of encouragement coming from the global economy in early 2012. We continue to see firm data in the US, while private sector survey data in the Eurozone and UK have improved. Central banks nevertheless remain firmly on the offensive.

Date: 10 Feb 2012
Author: Jeremy Hartill
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Finance News

Bank of England maintains Bank Rate and increases size of Asset Purchase Programme

The Bank of England’s Monetary Policy Committee today voted to maintain the official Bank Rate paid on commercial bank reserves at 0.5%. The Committee also voted to increase the size of its asset purchase programme, financed by the issuance of central bank reserves, by £50 billion to a total of £325 billion.

Date: 9 Feb 2012
Author: Simon Brook
Posted in:
Finance News

Equipment lease finance industry confidence improves in January

The Equipment Leasing & Finance Foundation (the Foundation) releases the January 2012 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) today. Designed to collect leadership data, the index reports a qualitative assessment of both the prevailing business conditions and expectations for the future as reported by key executives from the $628 billion equipment finance sector. Overall, confidence in the equipment finance market is…