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found 17 stories.
Business
Advertiser 3 Feb 11
Sally Hares is one of those handful of people who have been able to turn their hobby into their career. Her “do-it-yourself” curry kits are already causing something of a stir in the food industry.
But two years ago, when she was made redundant from her marketing manager role, the possibility of the mother-of-five turning her dream job into a reality must have seemed almost out of reach.
But with a large helping of passion for food, a money-making idea, a dash of ambition and a sprinkling of council grant money designed to help give new businesses the launch-pad they need, she has achieved it…
Comment
The Plastic Hippo 16 Jan 11
The top floor of the Royal Bank of Scotland building in the centre of Walsall offers a magnificent view of the Council House and Walsall Central Library. At the back, however, the vista is less charming.
Overlooking a nondescript loading bay, distracted bank workers will see security guards from the magistrates court sneaking a quick cigarette or drinkers from a garish theme bar forced outside for a fag by the cacophony produced by seven different sports TV channels and a juke box all playing at full volume. Mercifully perhaps, the bar is temporarily closed due to a flood caused by a burst pipe in the court upstairs.
Before the snow, Christmas and the deluge from above, an illuminating scenario could be observed from the smoking area at the back of the RBS building that can be considered as a metaphor for the banking industry. After a hard nights day, a lunchtime pint of the antidote and a couple of coffin nails in the leper colony reserved for nicotine addicts revealed quite why the country is going to the dogs.
Over the wall…
Business
Copestake Ltd 26 Oct 10
A Walsall based enterprise is claiming that their company bank account has been frozen despite being £15,000 in the black following receipt of a loan from the Black Country Reinvestment Society.
Hare’s Moor is a small, Walsall based business providing fresh D.I.Y. curry kits to leading supermarkets. The founder, Sally Hares, claims that the kits make cooking an authentic curry from scratch, simple, cost effective and convenient. They supply to Ocado, Harrods and the Co-operative supermarkets.
Hare’s Moor banks with Lloyds TSB Walsall. The company applied for a loan of £15,000 from Black Country Reinvestment Society (BCRS) to purchase better equipment and working capital, in order to service expanding orders from the Coop and Ocado.
The £15,000 loan from BCRS went into their company bank account on Wednesday 6th October 2010. Sally’s company debit cards were declined on Thursday 21st October….
Business
Duncan Tift BusinessDesk 20 Oct 10
Bank of England Governor Mervyn King has advised Black Country business leaders to ensure they “sell more and buy less” from abroad in order to rebalance the economy after recession.
Speaking to an invited audience at the Black Country Chamber of Commerce in Dudley – on the eve of the Government’s Comprehensive Spending Review, Mr King said: “To achieve a rebalancing we need to sell more to, and buy less from, economies overseas…
Business
Duncan Tift BusinessDesk 19 Oct 10
Bank of England Governor Mervyn King is set to address business leaders in the Black Country tonight with firms in the area eager for an insight on future fiscal policy.
Mr King is guest of honour at an event organised by the Black Country Chamber of Commerce. Many businesses will be hoping for clues on whether the Bank intends reviving its quantitative easing programme…
Business
B'ham Post 21 Sep 10
The overall cost of credit for manufacturers in the Midlands has remained largely unchanged over the past two months, but there signs that supply problems are starting to moderate for bigger firms.
According to a new survey published by EEF, there has been little in the way of significant change in the lending environment for manufacturers…
Business
BusinessDesk 9 Sep 10
The Bank of England’s Monetary Policy Committee today resisted pressure to raise interest rates as the cost of borrowing remained at its record low of 0.5%.
The committee also voted to leave quantitative easing at £200bn…
Business
Tamlyn Jones BusinessDesk 4 Aug 10
Part-nationalised bank Lloyds has returned to profit for the first time since its controversial takeover of HBOS , the company said today.
Lloyds recorded pre-tax profits of £1.6bn for the first half of 2010 compared to a £3.96bn loss in the first six months of 2009. Statutory profit before tax was £1.3bn…
News
Express & Star 1 May 10
Pensioners ordered stunned career criminal John Hickinbottom “Get out, we don’t want this” before other customers landed punches and sat on him during a failed bid to hold up Lloyds TSB in Oldbury.
Masked Hickinbottom, aged 43, and a hooded accomplice who appeared to be armed, had stormed into the bank.
In dramatic footage captured on the bank’s CCTV cameras, Hickinbottom orders staff to “Give me all the money” and warns customers to stand back. Footage of the second robber, who is still at large, appears to show him pointing at something in his pocket…
Business
Guardian 27 Apr 10
Lloyds Banking Group has become the first of the banks bailed out by the taxpayer to return to profitability after plunging to deep losses during the banking crisis.
After telling the City in March that it expected to make a profit in 2010, the bank revealed today that it had already returned to the black over the first three months of the year, after bad debt charges slowed and its costs were cut as it continued to merge the HBOS business with its Lloyds TSB operations.