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Stitched up

Alan Cleary is launching the website for his new venture Exact today. He wanted the ‘eu’ suffix for the web address that was attached to his last firm, edeus. Unfortunately, it’s already occupied by a fancy French knitting website so he’s had to settle for www.exact.co.uk.

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Merger rules changed to protect society deposits

The Financial Services Authority has modified regulations to allow merged building societies to be covered by deposit protection compensation as separate entities.

Ain’t no stopping us now…

Another day, another Government initiative. It took a while for them to creak into action, but now it seems there is no stopping them and you can’t fault Brown & Co. for trying.

The return of inflation

Alex Ralph, manager of the Artemis High Income Fund, sees further pressure on government bonds as inflationary pressures build on both sides of the Atlantic.

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