Research carried out by the Alliance and Leicester has found that around 38 percent of small business organisations are run by the owner with the support of their partner.
Partners can be found in a variety of roles around the business, especially administration and operations. This enables them to have an overall understanding of the business whilst being fully supportive of their managing partner. The Alliance and Leicester research also revealed that around 35 percent of couples share the decisions on finance in the business.
An Alliance and Leicester spokesman felt that this approach to business showed how committed both partners were to making their organisation successful. He felt that this approach enabled them to share some of the stresses, making them easier to deal with, and also the highs, bringing a sense of achievement for both of them.
Alliance and Leicester shares leapt by almost 50 percent today as news of an agreement regarding the takeover of the bank by Santander was announced.
At a price of 317 pence per share the Alliance and Leicester is being valued at GBP1.33 billion, a price that the Spanish based buyer is happy to pay. The deal is based on trading one Santander share for three Alliance and Leicester ones, making it a very attractive proposition for shareholders and stimulating such fierce trading in them today.
The offer cannot go through without agreement by at least 75 percent of the Alliance and Leicester shareholders, though this is not expected to be an issue. If successful the bid would give Santander, with its other existing UK holdings, a share of the UK savings and unsecured personal loan markets in excess of 8 percent.
,p>The Alliance and Leicester current account offer that has a credit interest rate of 8.5 percent gross is being extended until the end of September according to a recent announcement.
The move has been made to encourage more consumers to save regularly, the high interest rate being a real eye catcher designed to highlight the benefits of saving. The accounts that are included in this Alliance and Leicester promotion are the Premier 50 and Premier Direct current accounts.
Younger savers also have an extension on their own promotion. The Alliance and Leicester Premier 21 account is a current account specifically for those aged between 16 and 21 which is offering a 10 percent interest rate during the promotional period.
