Holly Willoughby Leaves ‘the Voice Uk’

That was still behind their average rate in 2009-12 but higher than in the first quarter of 2013. “I’m sure in some cases we have kept companies alive for too long,” a senior executive at a leading UK bank told Reuters. “You’ve got to be mindful that we saw it as nursing companies back to financial health and getting a better bank as a result.” ‘ZOMBIE’ LIABILITIES AT 1 PERCENT OF GDP? So how many ‘undead’ businesses are there? R3’s estimates are based on surveys of business owners. It says the “zombie count” – firms able to pay only the interest on their debt – has declined to just over 100,000 from a peak around 160,000 in November 2012. But it says more than 200,000 UK companies – nearly 8 percent of the total – are in acute distress, either negotiating with creditors or struggling to pay due debts. R3 estimates that at least 497,000 people are employed by “zombie businesses”, and 1.3 million by acutely distressed ones. That adds up to about 4.4 percent of the British workforce. “Businesses with such serious cashflow problems may find that the day of reckoning is not too far off,” wrote R3 president Liz Bingham in a June report. Another assessment, from corporate watchdog Company Watch, quantifies the risky debts on companies’ balance sheets. At Reuters’ request, the group analysed the accounts of all companies registered in Britain and identified more than 227,000 that are in negative equity – a technical measure of insolvency which is the business equivalent of homeowners whose mortgage debt is bigger than the value of their property. Company Watch found these companies in the UK have a combined negative worth of just under 70 billion pounds.

Co-host Reggie Yates has also left the show. In a statement via BBC Willoughby said: “After much consideration, I will not be returning for series three of The Voice UK. I’ve had two wonderful years on the show, and I feel very privileged to have been a part of it. Finding the right balance between my work and family life is my priority and this has contributed to my decision. I look forward to watching the next series from my sofa, and I wish the whole team the best of luck.” Willoughby will be replaced by Big Brother presenter Emma Willis. A replacement for Reggie Yates has yet to be announced. Earlier this month, it was revealed that Kylie Minogue has signed up to be a coach on the next series of The Voice in the UK. Minogue joins following the departure of both Jessie J and Danny O’Donoghue of The Script from the coaching panel. Will.i.am and Sir Tom Jones will both return alongside Minogue for the show’s third series. Issuing a statement following the announcement, Minogue said: “I’m very excited to become a coach on The Voice UK. I love the concept of the show and have been an avid viewer of both series. he search for new talent is such an important aspect of the music industry and The Voice UK gives us all a part to play in that. Will I be competitive?

iPipeline UK Announces Ian Teague, COO/CFO, Appointed UK Managing Director

Other UK ministers, from the chancellor to the foreign secretary, have likewise contested the assumption that continued associations would be in the interests of the rest of the UK. Since any offer of partnership needs a willing partner, this seeming reluctance can be difficult to counter. This Wednesday the same day that we begin the year-long countdown to the independence referendum the most senior civil servants in the UK government will engage in high-level deliberations to cement another partnership on these islands. The relationship between the UK and Ireland has undergone a step-change in the last few years. Building on their joint work to promote the Northern Ireland peace process, the two governments now engage extensively across many areas of government policy. This enhanced British-Irish relationship was kick-started by the Queens visit to Dublin in 2011 the first visit to the Irish Republic by a British monarch since independence. Filled with symbolically significant acts including the laying of a wreath at the Garden of Remembrance, this visit signalled a normalisation of British-Irish relations, generating and reflecting feelings of goodwill between both countries. The relationship was reinforced by the joint statement issued by Prime Minister David Cameron and Taoiseach Enda Kenny in March 2012. Their statement underlined the shared history, culture, business and family ties, shared interests and co-operation in trade, and a close alliance within the European Union. It also confirmed their commitment to a decade of renewed and strengthened co-operation between our two countries. That statement initiated intensive, centrally co-ordinated, collaboration between officials across both governments. It led also to the joint commissioning of a study into the depth of economic relations between Britain and Ireland and of the opportunities for closer integration. This study, by PA Consulting, reported in July, making recommendations for enhanced bilateral co-operation which were immediately endorsed by the PM and the Taoiseach. The two governments had already agreed a work programme to advance co-operation in a wide range of areas including energy, financial services, infrastructure, transport, R & D, agriculture and food, and EU relations.

Nicola McEwen: UK-Irish bond may stretch to Scots

Finance Mon, Sep 16, 2013, 4:47 AM EDT – U.S. Markets open in 4 hrs 43 mins iPipeline UK Announces Ian Teague, COO/CFO, Appointed UK Managing Director Press Release: iPipeline 1 hour 47 minutes ago Related Content CHELTENHAM, England–(BUSINESS WIRE)– iPipeline — a leading provider of electronic quote and application services to the UK life and pensions market — today announced Ian Teague, COO/CFO, has been appointed to the position of UK Managing Director. In this new role, Ian will be responsible for the day-to-day management of the company and its strategic direction. He will report directly to Larry Berran, COO/CFO, iPipeline US. We have made substantial progress during the past year, expanding our Mercury Platform with innovative products that have historically delivered outstanding value to the North American insurance industry. New products including XRAE (underwriting health class estimator), iGO e-App for Annuities (an intelligent fillable e-application) and PolicyEX (e-Policy delivery) promise to revolutionize how we do business in the UK life and pensions market, said Ian Teague, UK Managing Director, iPipeline. I look forward to the opportunity to closely align with my US counterparts to develop and expand our role in the UK market place. We see an enormous opportunity within the market place to revolutionize how providers, distributors, and IFAs market, sell and process their diversified financial products, said Larry Berran, COO/CFO, iPipeline. The global insurance industry is adapting to the aftermath of the economic crisis. Many providers are seeking new technologies that conserve capital, replace substandard processing tools, improve distribution methodologies, and create more cost-effective operations that deliver stronger performance at home and abroad. iPipelines solutions have proven their value in North America and will do the same for the industry in the UK. Andrew Simon, CEO, exits iPipeline UK. Andrew has been with iPipeline (formerly Assureweb) for 6 years and built the management team that led the company to be acquired by iPipeline in 2012. iPipeline, who holds the title of Best Quotation Provider for Advisory Firms, offers the widest choice of products to advisers in the UK; Annuities, Bonds, Income Protection, Pensions and Term. About iPipeline UK iPipeline UK (previously Assureweb) is a leading provider of business intelligence, e-quote, e-application, policy delivery, and policy holder services to the UK life and pensions market. iPipeline offers the UKs broadest range of integrated and licensed solutions used by approximately 35 providers, 5,700 distributors, and 22,500 IFAs via their Websites or CRM systems.

UK shoppers have the highest emotional connection with Tesco, loyalty study finds

Nearly half of consumers have no concerns with loyalty schemes whatsoever. In fact, almost 40% actively opt-in to marketing material from retailers, meaning a significant number believe they can benefit from relevant offers by allowing retailers to market directly to them. The buy-in to loyalty schemes is not just hypothetical over a third admit that receiving marketing material from a retailer makes them more likely to purchase from them, and nearly half would be likely or very likely to use a retailer if they provided personalised offers. In addition, almost a third of consumers are likely to respond to relevant in-store offers, highlighting the increasing importance of location and the potential for mobile services. When it comes to customer loyalty programmes, UK consumers sign up, researchers found. Nearly 95% of consumers who took part in research had at least one loyalty card and nearly 90% admitted to using them regularly. Further, over 40% said they would be less likely to use a retailer without a loyalty scheme. The business potential for retailers who grasp the opportunity is evident, said researchers. The largest loyalty scheme in the UK, Nectar, has,according to the website, 19m collectors and 24 Nectar cards are swiped every second. If every card holder received a personalised offer which resulted in them spending just an extra 1 annually, the collective group of retail partners could achieve an additional19m in revenue. According to Alex Fovargue, SAS UK & Ireland retail specialist,this personalisation becomes even more exciting in the UKs digitally developed society because customer loyalty is going mobile. This provides retailers with the opportunity to create instant wins by connecting with customers right when they are making a purchasing decision. Conluminos research found around a third of consumers would be likely to take advantage of an offer if they received it via their mobile device while standing in store. About the same volume of retailers agreed customers would do just that. With nearly 88m mobile phone subscriptions in the UK, the potential business development in getting around 30% of that 88mto accept offers would have a serious impact on the retail industrys profit margins. Key to driving this shift will be the adoption of high-performance and visual technology solutions that not only manage big data being collected from loyalty schemes, but also analyse and transform it into valuable customer insights. From here retailers can make decisions based on evidence to deliver the right product, for the right price, at the right time, to the right person and via the right channel.