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The Yorkshire pays for a guide dog puppy

The Yorkshire is the first company in the UK to pay for a guide dog puppy through its first year of life from the donation of mobile phones. Over 1,500 old phones have been begged from the Societys staff and customers to achieve this fantastic result.

The campaign to buy a guide dog from old mobile phones was spearheaded by Debbie Hill, the Societys retail support manager, who has relentlessly hounded branch and head office staff to maintain the momentum of phone collection.

Hill says: I knew it would be a challenge to collect 1,500 phones, but it was for such a good cause I decided it was certainly worth a shot. I am absolutely delighted, and staggered, that we have managed to reach our target in just over four months. I think it demonstrates that mobile phones are very much a fashion accessory, which many people change as regularly as their seasonal wardrobe.

The next stage is for the charity Guide Dogs for the Blind to allocate a puppy to Yorkshire Building Society, which is likely to take around 12 weeks. The Society will then be able to choose a name of the puppy and watch it through its first year of training.


LloydsTSB warns of Halloween insurance claims

As millions prepare for tonight’s Halloween parties, Lloyds TSB Insurance is warning homeowners to brace themselves for a spate of trick or treating disasters.The insurer says claims for malicious damage could triple following Halloween this year. After October 31 last year, insurance claims shot up by almost 150%.Some of the quirkier claims made following last […]

Unisys launches Mortgage Origination modules

Unisys, the global IT services company, today announced the launch of a major extension to its Unisys Financial Services Solution, already a market-leading IT software offering. The Mortgage Origination modules, when deployed with UFSS, deliver the capability to manage end-to-end processing requirements of UK mortgage providers, with the ability to meet end-to-end Financial Services Authority […]

House prices static, says Halifax

The Halifx House Price Index has shown that house prices in October remained unchanged.The pattern of price movements during recent months shows that the market has strengthened, but the static level of prices in October suggests that we are not poised for another sustained period of sharply rising property values.Martin Ellis, chief economist at Halifax, […]

A brief history of regulation

Statutory regulation of the financial services industry started with the Financial Services Act 1986. All subsequent expansions of the regulatory regime can be traced to this development.

Sub-Saharan Africa Near-Term Outlook

By Paul Caruana-Galizia, Neptune Economist

Sub-Saharan Africa’s economic renaissance continues. After growing at an average rate of five per cent over the past decade, the IMF projects an acceleration to 5.5 per cent growth among Sub-Saharan economies in the next two years, as developed economies emerge from the crisis. We expect this growth to be sustainable for three broad reasons.


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