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Barclays Wealth appoint Head of Investment Structuring

Barclays Wealth, the UK’s leading wealth manager, has appointed Olav Noack as Managing Director, Head of Investment Structuring. Mr Noack joins the firm from UBS Global Wealth Management where he headed up its Wealthplanning Life Insurance operation for b

Work place ‘dreamers’ of today make tomorrow’s entrepreneurs

Barclays Local Business research reveals untapped potential of today’s workforce. Workers caught staring into space at their desk or ‘away with the fairies’ during business meetings are a mass of untapped, entrepreneurial talent, according to research from Barclays Local Business. Its latest survey reveals how employees showing signs of distraction are likely to get out and start their own business, as nearly half of today’s UK business bosses (44 per cent) admit to having plotted their entrepreneurial future whilst daydreaming in the work place of a previous employer.

Woolwich bucks market by cutting up to half a per cent off fixed rate mortgages whilst maintaining tracker rates at current levels

From Tuesday September 25th Woolwich is launching a raft of lower fixed rate mortgages at rates as low as 5.59 per cent for two and five year deals. The five year rate is half a per cent per annum lower than the previous five year fixed rate. The two year fixed rate is also being priced at 5.59 per cent, a cut of 0.30 per cent and with no upper limit on the amount borrowed. Together with a ten year fix at the same price launched last week Woolwich now has suite of fixed rate products that lead the market.