FD Blog - Formations Direct Blog
FD Blog - Formations Direct Blog
Blog Home
Back To Main Site
Blog Categories
    Accounting and Finance
    Address Services
    Banking
    Business News
    Business Advice
    Company Addresses
    Tax and VAT
About FD
Contact Us
  • Blog Home
  • Back To Main Site
  • Blog Categories
    • Accounting and Finance
    • Address Services
    • Banking
    • Business News
    • Business Advice
    • Company Addresses
    • Tax and VAT
  • About FD
  • Contact Us
Accounting and Finance

Greek crisis and grandmother

They say that if you cannot explain something to your grandmother then you don’t understand it properly. I reckoned I had a grasp of the Greek crisis until I saw a fascinating blog on the BBCwebsite. Spooky stuff to read the potential outcomes. If I was running Greece I know which option I would go for! However, the main point of this is that the Germans were chief architects of theEurozone club, something I have vehemently decried as doomed to failure ever since it was created, and have made the grave error of admitting one or more members who are unable to behave by the rules. They rules were bent all along by everybody over the years simply to accommodate the continued existence of the club. The Poles warn of a conflict within 10 years. Crudely put, the only good thing about creating the EEC was that it obviated the requirement for war as everybody had a common interest. Frau Merkel – admit it – the game’s up! If I had a grandmother would she understand it now?

September 26, 2011by FDAdmin
FacebookTwitterPinterestGoogle +Stumbleupon
Accounting and Finance

I was reading an item today on the BBC website about how calendars and greeting cards have defied the digital age

I was reading an item today on the BBC website about how calendars and greeting cards have defied the digital age and are thriving, because people prefer something physical. The big question is whether this phenomenon will last forever because it is connected to a basic human need, or whether after we have a generation of people who have been reared on the digital and paperless world, cards and calendars will be consigned to history. It’s a good question and I reckon it could go either way.

September 20, 2011by FDAdmin
FacebookTwitterPinterestGoogle +Stumbleupon
Accounting and Finance

Today the IMF is warning that the economy is entering a dangerous phase

I think anybody in business for themselves knows from the most reliable barometer available that we have been here for some time. It’s called “gut feeling” and believe me most people in the SME sector are experiencing it right now, so instead of telling us what we all know how about serious engagement with governments who refuse to take their medicine. The collapse of capitalism isn’t worth contemplating.

September 20, 2011by FDAdmin
FacebookTwitterPinterestGoogle +Stumbleupon
Accounting and Finance

Banking reforms – are they substance or is this a cynical ploy to keep the public happy that something has been done?

The bottom line is that banks are failing to perform their role as long as they do not oil the wheels of commerce by granting loans. Several friends of mine have recently bee stabbed in the back by their banks by invoking loan to value clauses even though they have never missed a payment. Why? Simple – if they can call in a loan that pays them base plus 1.5% and lend it out again at base plus 4% then why not? These are the sort of issues that banking reforms need to tackle. I told my friends that a banker is a man who lends you an umbrella when the sun is shining and asks for it back when it rains. But who is that banker? Relationship managers are a misnomer – it is faceless people in anonymous office blocks that are ruining the lives of the real wealth and job creators of this country. Get back to basics – local branch with managers who have a long enough tenure to build a true relationship and understand their customers’ businesses.

September 13, 2011by FDAdmin
FacebookTwitterPinterestGoogle +Stumbleupon
Accounting and Finance

Insurance referral gravy train closed – will be benefit?

This year my car insurance went up 40% for no clear reason. The question is whether it will go back down once the grubby wee referral scheme is closed or whether the insurers will find some nebulous excuse to trouser the savings.

September 9, 2011by FDAdmin
FacebookTwitterPinterestGoogle +Stumbleupon

Recent Posts

  • Service Update – COVID-19
  • Paying Dividends to Shareholders
  • ProCircle – The Matching Network for Accounting Professionals
  • The PSC Register – Offshore Companies and Indirect Interest
  • What is a Community Interest Company, and how is it Different from a Charity?
Start Your Company Formation

Categories

  • Accounting and Finance
  • Address Services
  • Banking
  • Business Advice
  • Business News
  • Company Addresses
  • Company Documents and Record Keeping
  • Company Secretarial Services
  • Domains and Websites
  • Featured
  • General Interest
  • HR Employment
  • Our Services
  • Running Your Business
  • Sales & Marketing
  • Shares and Shareholders
  • Start-Ups
  • Tax and VAT

Popular Posts

Reducing your Carbon Footprint

Reducing your Carbon Footprint

Top 10 Best Places to Sell your Products Offline

Top 10 Best Places to Sell your Products

Service Update – COVID-19

Service Update – COVID-19

Economic confidence – where next?

Is the water cooler an economic baromete

Archives

  • March 2020
  • November 2018
  • October 2018
  • July 2018
  • May 2018
  • February 2018
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • September 2015
  • June 2015
  • May 2015
  • March 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • May 2014
  • April 2014
  • March 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • February 2013
  • January 2013
  • October 2012
  • September 2012
  • July 2012
  • June 2012
  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • January 2012
  • December 2011
  • November 2011
  • October 2011
  • September 2011
  • August 2011
  • July 2011
  • June 2011
  • May 2011
  • April 2011
  • March 2011
  • February 2011
  • January 2011
  • December 2010
  • November 2010
  • October 2010
  • September 2010
  • August 2010
  • May 2010
  • August 2009
  • July 2009
  • May 2009

“Formations Direct was created in 1994 to provide a reasonably priced Company Formation Service to the accountancy and legal profession that is backed up by high quality advice and technical support. From humble beginnings the company is proud to be servicing the needs of thousands of firms throughout the UK and beyond. ”

© 2016 copyright Formations Direct Limited // All rights reserved
Formations Direct