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IF ALL financial advisers were as clearsighted as Towry Law's Andrew Fisher, then the reputation of the industry would be several notches higher, and it might not have become the target for some of the most radical industrial restructuring of an industry yet attempted by the Financial Services Authority.
For years, Fisher has been telling the industry that he can't see how his industry can claim to offer "independent advice" when it is living off the commissions paid by the firms whose products it sells. People will always suspect that the recommended product will be the one that pays the highest commissions.
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MANAVIGATOR-April 14, 2009- (C)2010 M2 COMMUNICATIONS http://www.m2.com
Swedish engineering group Morphic Technologies (OMX:MORP B) has sold its non-core business Dynamis to local industrial equipment maker Binar as part of its restructuring programme.
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... Trading Address: Unit A, Burnfoot Industrial Estate, Hawick. TD9 8SL. I, Keith V Anderson of Baaker Tilly Restructuring and Recovery LLP, First Floor, Quay 2, 139 Fountai...
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... steadily reversed through capital restructuring at the European level. The EU concept of 'subsidia... identities and national systems of industrial relations. Labour solidarity is indispensible for ...
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... transition shock and a decade of restructuring, all the NMSs are now facing the costs of integrat...In particular, industrial employment has decreased in all the countries, not...
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MIKE Parton must have thought the bad old days of sweeping job cuts, share price slumps and structural reorganisations were behind him. The chief executive of Marconi led the telecoms equipment maker's rescue two years ago with a GBP 4.7bn debt-for-equity restructuring after cutting thousands of jobs to keep the ailing former industrial giant alive.
In November, he said the future was looking bright after announcing a strong increase in interim pre-tax profits and saying sales had stabilised.
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by Neil Hodgson LDP STAFF neil.hodgson@liverpool.com A KNOWSLEY company specialising in the design and manufacture of industrial steelwork has been placed into administration.
Paul Flint and Brian Green, from KPMG Restructuring, have been appointed as joint administrators of Metalbuild Limited, which is based on Lees Road, Knowsley Industrial Park.
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Customers say they are being abandoned by a bank that is closing four branches.
HSBC has announced it is closing branches in Hull Road, Anlaby, Hessle, Hessle Road and Sutton Fields industrial estate in Hull as part of a pounds4.5m restructuring in the region and national pounds400m programme.
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THE global challenges we face are more testing than ever, but British people are proving more entrepreneurial than ever.
This is the lesson we are learning from a year which has seen a doubling of oil prices, a slowing of world growth and the biggest restructuring of the world economy since the industrial revolution.
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One of Scunthorpe's major companies has made a number of redundancies, following a restructuring programme.
But ColepCCL, which is based on the Foxhills Industrial Estate, said it was also recruiting for new positions and had very strong future prospects.