Archives: finance

StartUp Loans: Why Raising the Age Limit is So Desperately Needed

May 13, 2013 | By Paul Mackenzie Ross | No Comments | Filed in: business, finance.

“StartUp Loans: Why Raising the Age Limit is So Desperately Needed” first appeared in the is4profit small business blog The first small business news story of the day today is that Lord Young, David Cameron’s Enterprise Adviser, wants to raise the age limit on StartUp Loans. This is a great idea and I’ll explain why…

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You Can Bank on Dave!

July 20, 2012 | By Paul Mackenzie Ross | No Comments | Filed in: business, finance.

“You Can Bank on Dave” first appeared on the is4profit small business blog. So what happened in “Bank of Dave”, episode 2 last night? Burnley Savings and Loans has been lending a LOT of money. The problem is that they still don’t have their savings licence and cannot take deposits. But, on the bright side, • Read More »

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The Bank of Dave

July 13, 2012 | By Paul Mackenzie Ross | No Comments | Filed in: business, finance.

“The Bank of Dave” first appeared on the is4profit small business blog. A man in a pin-striped suit, asking for your money. Oh, no, not another banker…! Wrong. It’s Dave Fishwick, who made his millions as an entrepreneur with his own small business, and now he wants to hand some of that cash back to • Read More »

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Putting the Disgust Back in Disgustingly Rich

June 30, 2012 | By Paul Mackenzie Ross | No Comments | Filed in: business, finance, news, philosophy.

Financially and morally we are living in interesting times: David Cameron said, back in 2010, that “We’re all in this together” regarding the state of the nation as it struggled with an economic downturn. He then recently went on to finger Jimmy Carr for his tax avoidance but keeps quiet about billionaire Tory peer and • Read More »

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Direct Line Motor Insurance – Computer Says No

June 27, 2012 | By Paul Mackenzie Ross | No Comments | Filed in: business, finance, random.

When I clocked off working from home this evening, I decided to call Direct Line and renew the motor insurance on my Mercedes C230 estate. I double-checked to see if they’d spelled my wife’s name correctly on the policy (a common mistake) and they hadn’t spelled it right so that was sorted out. I also • Read More »

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George Osborne Flogs Northern Rock to Virgin

November 17, 2011 | By Paul Mackenzie Ross | No Comments | Filed in: finance, politics.

I just read this story on the BBC – Northern Rock sold to Virgin Money If you watch the BBC’s clip and listen to George Osborne,  he says: …I think this is going to be a good thing for British Consumers… Possibly. Then he goes on to mention: …It’s also good for British taxpayers, we’re getting • Read More »

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The Price of Failure

February 27, 2009 | By Paul Mackenzie Ross | 5 Comments | Filed in: finance, politics.

What would happen to you if you were to perform abysmally at work? What if the effects of your lack of oversight, ill judgement or poor management had cost your company dearly? Let’s say your company recorded a loss in the last financial year of £24.1 billion, the biggest loss in UK corporate history, you’d • Read More »

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Lawyers

December 12, 2008 | By Paul Mackenzie Ross | No Comments | Filed in: business, finance.

Bernard Madoff has lost billions of investors’ dollars in a hedge fund, even alledgedly saying; it’s all just one big lie… …basically, a giant Ponzi scheme And yet his lawyers still managed to come up with the statement… Bernard Madoff is a longstanding leader in the financial services industry. We will fight to get through • Read More »

The 700 Billion Dollar Blog

December 4, 2008 | By Paul Mackenzie Ross | No Comments | Filed in: finance, Internet, SEO.

Maybe I should have named this the 700 Billion Dollar Blog? After all, the most popular story here is How Much is 700 Billion Dollars where I spoke, in layman’s terms, about how much the US bank bailout is worth and how much that equates to every American on a rough-and-ready basis. The most popular keyphrase • Read More »

A Lesson in Objectivity

November 19, 2008 | By Paul Mackenzie Ross | No Comments | Filed in: finance, philosophy.

I come home to a news report on the TV, warning of the fear that because inflation is down today, there is a grave worry that it could go MUCH further with the economy threatened, unemployment to rise, doom and gloom could be upon us in the form of deflation, when everything “goes south” and • Read More »