A new online financial service, sortingcodes.co.uk from Reed Business Information, publishers of The Bankers’ Almanac, aims to speed up and simplify electronic payments by providing access to over 13,600 sorting codes for UK banks and other financial institutions. The searchable directory at sortingcodes.co.uk also lists 8,100 CHAPS Euro BIC codes used in mainland Europe. sortingcodes.co.uk is aimed at payroll managers, finance departments, accountants, pension professionals, banks and financial institutions, reducing the time required to set up direct debits or standing orders, check BACS queries, pay pensions and salaries and process suppliers’ bills. The data is updated monthly and an intuitive search mechanism allows users to double check up-to-date bank sort codes, address details, telephone numbers or research new payments information.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.