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Comment on the ONS Manufacturing figures - June 2008
Commenting on today’s ONS manufacturing figures, Nigel Bailey, Relationship Director for the Manufacturing Sector at Barclays Commercial Bank said:
Commenting on today’s ONS manufacturing figures, Nigel Bailey, Relationship Director for the Manufacturing Sector at Barclays Commercial Bank said:
Barclays announces sale of Barclays Life to Swiss Re
Barclays Bank PLC ('Barclays') has agreed to sell Barclays Life Assurance Company Limited ('Barclays Life') to Swiss Reinsurance Company (‘Swiss Re’), for a consideration of approximately £753 million payable in cash. The sale is expected to be completed by 31 October 2008, after receipt of appropriate regulatory approvals.
Barclays Bank PLC ('Barclays') has agreed to sell Barclays Life Assurance Company Limited ('Barclays Life') to Swiss Reinsurance Company (‘Swiss Re’), for a consideration of approximately £753 million payable in cash. The sale is expected to be completed by 31 October 2008, after receipt of appropriate regulatory approvals.
UK farm lending reaches new record levels
Bank of England data released today (August 4, 2008) shows that bank lending to agriculture at the end of June 2008 rose to an all-time high of £10.6 billion. This is an increase of £889 million compared to the same period in 2007 when total lending was £9.7 billion. This equates to a rise of 9.1 per cent. The latest data also represents an increase of 5.2 per cent since the end of March this year, when total lending was £10.1 billion.
Bank of England data released today (August 4, 2008) shows that bank lending to agriculture at the end of June 2008 rose to an all-time high of £10.6 billion. This is an increase of £889 million compared to the same period in 2007 when total lending was £9.7 billion. This equates to a rise of 9.1 per cent. The latest data also represents an increase of 5.2 per cent since the end of March this year, when total lending was £10.1 billion.
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