One year on, and the impact of the credit crunch has extended beyond the financial sector, new data from the Insolvency Service shows.
Banks are considering moving their corporate and individual customers to a Web 2.0 environment, according to a consultant’s report.
Merger and acquisition deals on both sides of the Atlantic in the first half of 2008 show a sharp decline on a year ago, figures from investment bank Robert W Baird suggest.
Pensions buy-out company Paternoster has expressed concern that the use of cash inducements by companies to incentivise defined benefit pension scheme members to transfer out of corporate pension schemes will lead to a significant loss of pension entitlement.