Papalem promeritum pecto prohibetur

18 Jan 2013 Posted by Pete Loughlin in Purchasing Card

I do like an alliterative headline but it’s not every day you get to see one in Latin. Paraphrased slightly it translates as “Papacy prohibits pilgrims’ plastic” It’s all about EU rules on banks operating outside of the European Union. The Economist reports that the…

Public sector finance needs to join the real world

15 Jan 2013 Posted by Pete Loughlin in The Rest

The problem with public sector finance is they have it too easy. The challenges that face businesses in the real world don’t affect public sector. Apart from the annual scramble to spend money in order to secure next years budget, issues like cash flow management…