Tag: service

German business confidence at all time high

German business confidence at all time high

The Munich-based Ifo think tank has announced confidence among German firms rose in February to another record high. The closely-watched Business Climate Index climbed to 111.2 in February, up from 110.3 in January – the ninth consecutive monthly increase and the highest reading for the former West Germany since 1969. The results confounded analysts expectations [...]

BCC survey reveals UK on verge of exiting recession

BCC survey reveals UK on verge of exiting recession

In its economic survey for the fourth quarter of 2009, the British Chambers of Commerce (BCC), said the UK economy appears to be “on the brink of leaving recession”. The UK has been lagging behind other economies and is now the last major economy that is still in recession. Official figures due to be released [...]

Santander Zero scoops European award

Santander Zero scoops European award

The Santander Zero was recognised as one of Europe’s best credit cards at an awards ceremony in Paris this week. The Osgards, now in their fourth year, are awarded annually to the top credit card providers in Europe. Santander’s Zero credit card won first prize in the service category of the awards. It was one [...]

India’s economy grows 7.9% on year

India’s economy grows 7.9% on year

Marks and Spencer considers online grocery shopping

Marks and Spencer considers online grocery shopping

Marks and Spencer (M&S) has revealed it is considering establishing an online food shopping service. The retailing giant has been toying with the idea for some time but opted out due to the costs associated with setting up the service. However, Steve Rowe, the company’s director of retail, told City analysts in London yesterday: “Food [...]

easyJet closures put jobs at risk

easyJet closures put jobs at risk

Budget airline easyJet is to close its base at East Midlands airport and cut services at Luton Airport by a fifth with a view to transferring them to profitable bases in continental Europe. Luton is one of easyJet’s biggest bases and operates 16 aircraft and carries almost 5 million passengers each year. Meanwhile, the low-cost [...]

Barclaycard overhauls online service

Barclaycard overhauls online service

Barclaycard has updated its online account management service. The website has been redesigned to give customers more control over their Barclaycard accounts. Updates include giving customers the choice as to how they view their account information and spending, and simplified log-in, balance transfers and transaction disputes. Customers can choose to view their spending in categories, [...]

OFT report reveals weaknesses of Faster Payments service

OFT report reveals weaknesses of Faster Payments service

A report from the Office of Fair Trading (OFT) has revealed that the new Faster Payments service is not as efficient as it could be. The Faster Payments service was launched to speed up the time taken for electronic bank payments to clear but the report revealed that the service is only running at 69% [...]

British economy nearing recession warns BCC

British economy nearing recession warns BCC

The UK economy is heading towards a recession following a new report from the British Chambers of Commerce (BCC). A quarterly survey of 5,000 companies carried out by the BCC, which represents small and medium sized companies, found that business confidence is at an all time low. According to the BCC’s report, confidence has collapsed [...]