Wednesday, May 29, 2013

Resting.....Again

Now I have finished another 13 month contract - this time at Cooperative Financial Services in Manchester. This rest gives another opportunity to complete some much delayed decorating, as well as start some projects in the garden, of which more later.

CFS has been much in the news since I finished. First of all, they dropped their bid to buy the 632 branches that Lloyds Banking Group were being forced by Brussels to offload. Then almost immediately, they have had to disclose that their Brittania brand had been hiding some very sorry property loans. This led to their bonds being classed as junk by one of the three major rating agencies, and the almost instant departure of their chief executive.