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Wyndham acquires TRYP hotel brand from Sol Meliá in $42m deal » Wyndham Hotel Group, a subsidiary of Wyndham Worldwide (NYSE: WYN), has completed the previously ann...

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Pineda: Businessman of 2010

Ausbanc President, Luis Pineda, was named businessman of the year by CAMACOL, the Latin American Chamber of Commerce in the US, at the annual Latin American Hemispheric Congress in Miami.

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Pensions: the best option going?

Do DIY pension investors come out on top? They monitor nvestments daily, whereas others often only before retirement. Should everyone then have a short, medium and longer term strategy?

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Airparks targets eBay bargain hunters

Airparks , the UK’s biggest off airport parking provider, will place one parking space at each of its seven UK sites up for auction on eBay with a minimum bid of 1p - the first business of its kind to do so.

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Lloyds shareholders get legal

“The prospect of payback has inched closer for Loyds shareholders who say they were misled”

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How to manage your own pension investments When it comes to sorting out pensions, only a minority of people take any interest in their fund until five to ten years before retirement. Yet the average SIPP (Self Invested Personal Pension) invest...	12% of online purchases unwanted Soaring sales from online shopping does have a downside, as many seeking to return unwanted goods have found. Online sales nearly topped £50bn for 2009 are likely to be exceeded with the IMRG Capge...
“Retirement not a process, but a series of events” In the recent emergency budget, the government confirmed that from April 2011 it will end the existing rules that create an obligation to purchase an annuity by age 75. As a temporary measure the age ...	Lloyds shareholders get legal Some institutional shareholders were less than enthusiastic about the takeover. For instance, the £600m City of London Investment Trust wrote to Lloyds TSB following the announcement of the takeover b...
Savers in the dark about rates Many British savers, already hit by rock-bottom rates, are being kept in the dark by their banks about changes to interest rates on their accounts, say experts. According to a new survey by consumer ...	Job security hits new lows British household pessimism over public sector job security and pay expectations hit record lows in July, while house price perceptions dropped for the first time since August 2009, new figures show. ...
Financial overhaul kicks-off The Government has launched its financial consultation on the implementation of financial regulation reforms, aimed at overhauling the system of Financial Regulation. Financial Secretary to the Treas...	Police close mobile loophole The police and mobile phone industry have agreed to close a loophole which sees roughly 100,000 stolen mobile phones being sold to recycling companies every year. Some 90% of handsets reported stolen...

Over £14bn invested in poorly performing dog funds The latest Spot the Dog report from IFA Bestinvest has discovered that there is a colossal £14.25bn invested in 90 of the worst performing funds in the market. These have failed to beat their benchmar...	Mitigate new CGT liabilities by knowing where to put your cash The new CGT rules announced in the Emergency Budget were not as draconian as some had feared, but there was still a sting in the tail for higher rate taxpayers. There was speculation that George Os...	How to build an online brand Do you use Twitter and Facebook just for social networking? You could be missing a trick! The savviest people and businesses use these sorts of sites to build up their online brands. However, there ar...
Are you getting what you pay for? If there is one thing that really annoys consumers it is the feeling of being cheated when you pay a price for something that does not deliver. Look at funds, for instance. There are around 2,000 u...	RBS investors urge bigger Goldman pay-out Investors were urging Royal Bank of Scotland, at the time of writing, to consider pursuing Goldman Sachs for more than the $100m it received as part of a settlement over the marketing of a subprime mo...	Why Equity Investors Shouldn’t Fear Double-Dip This Year There is very little clarity in the economic outlook. Each new piece of data is seized upon by the macro bulls or bears to justify their case for slump or sustained recovery. And the financial markets...
Over £14bn invested in poorly performing dog funds Mitigate new CGT liabilities by knowing where to put your cash How to build an online brand Are you getting what you pay for? RBS investors urge bigger Goldman pay-out Why Equity Investors Shouldn’t Fear Double-Dip This Year

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Comment

“Corporation: an ingenius device...”

“Corporation: An ingenious device for obtaining profit without individual responsibility”--Ambrose Bierce, American journalist and author of the Devil’s Dictionary It’s one of those quotes that resurfaces to your memory when you are scanning through...

Thursday, 29 July 2010 13:29

Lloyds shareholders get legal

Eric Daniels

Some institutional shareholders were less than enthusiastic about the takeover. For instance, the £600m City of London Investment Trust wrote to Lloyds TSB following the announcement of the takeover but prior to the shareholder vote, stating it thought the merger was not a wise move.