Financial Director articles from May 2009

Financial Director archives from May 2009

First light.
May 28, 2009... Byline: Dennis Turner First light Just as the night is darkest before dawn, improving economic indicators are brightening the gloomy mood For six months or more, the news on the economy has been unremittingly bad. The 1.9% fall in...

Impressforless.
May 28, 2009... Byline: Catherine Chetwynd Impressforless Maintaining relationships and conducting business with clients can be more cost-effective if companies think smarter, leverage their size and plan ahead words catherine chetwynd One...

all fall down.
May 28, 2009... Byline: Robert Jaques all fall down A global flu pandemic, resulting in mass workforce absence, will test continuity management systems Every major health scare is invariably accompanied by much scaremongering. This...

tax body issues green guide.
May 28, 2009... Byline: Rachael Singh tax body issues green guide Business must engage in the environmental tax debate and get to know the options to truly benefit from savings The Chartered Institute of Taxation has published a guide to 'green'...

gowiththeflow.
May 28, 2009... Byline: Anthony Harrington gowiththeflow With capital at a premium, FDs have to act quickly to get a grasp on cash management and the related risks -- or face being left dead in the water, writes Anthony Harrington Cash is not by...

US CFO salaries swell to fill bonus vacuum.
May 28, 2009... Byline: Melanie Stern US CFO salaries swell to fill bonus vacuum Chief financial officers among S&P-500 companies saw higher salary rises to make up for the shortfall when the value of their cash bonuses fell by 23% in the year, new...

Credit still scarce, but equity issues remain popular.
May 28, 2009... Byline: Melanie Stern Credit still scarce, but equity issues remain popular Nearly 70% of UK chief financial officers think lower base rates have reduced interest rates on existing bank borrowing, but had little or no effect on...

shot with the stupid gun.
May 28, 2009... Byline: Anthony Harrington shot with the stupid gun Slapping even more tax on rich people's pensions is going to result in less revenue for the Treasury, not more. The Chancellor is taking careful aim at both feet and pulling the...

Premature market euphoria gives way to sober realism.
May 28, 2009... Byline: David Kern Premature market euphoria gives way to sober realism After some exuberance since early March, financial markets have retreated modestly. While the pace of decline is moderating, most leading economies are still...

RBSi?1/2s Whittaker walks amid regulator probe.
May 28, 2009... Byline: Melanie Stern RBS's Whittaker walks amid regulator probe FD's resignation marks end of an era at troubled bank, writes Melanie Stern Royal Bank of Scotland finance director Guy Whittaker's resignation from the post marks...

STANCHARTi?1/2S MEDDINGs JOINS FD SUMMIT 2009.
May 28, 2009... Byline: Melanie Stern STANCHART'S MEDDINGs JOINS FD SUMMIT 2009 Richard Meddings, finance director of Standard Chartered -- one of the only banking groups to have survived the crisis virtually unscathed -- is one of a clutch of top FDs...

Kingi?1/2s midas touch.
May 28, 2009... Byline: Melanie Stern King's midas touch One financial services player not only surviving the recession but turning it into its own private golden goose is the Bank of England, which in May said it had made just shy of [pounds...

dysoni?1/2s not just any FDi?1/2.
May 28, 2009... Byline: Rachael Singh dyson's not just any FDa[bar] Ian Dyson, FD at Marks & Spencer, has been given additional strategic responsibility to drive the company's international expansion. Following a board review, Dyson will lead its...

Technical Update.
May 28, 2009... Byline: Andrew Sawers Technical update TAX The new regime of personal responsibility for tax systems places an onerous burden on 'senior accounting officers'. Liability will be determined according to a standard of 'careless...

commons sense.
May 28, 2009... Byline: Andrew Sawers commons sense To be honest, I came at this with a sense of diminished expectations. When politicians start looking at business issues, you have to be ready for some cringeworthy comments. News that the...