News in brief: Cape appoints advisor, new look fo ECB online and more
ENERGY services company Cape says new corporate advisers will help its ambitious axpansion plans.
The Wakefield group, which provides support services to the energy and natural resources sectors, said Merrill Lynch International has been appointed financial adviser and joint broker with immediate effect.
Numis Securities has also been appointed nominated adviser and joint broker to the company, which employs 13,000 people in 23 countries. M: Communications has been appointed financial public relations adviser to Cape.
Cape chief executive Martin May said: “We are confident that the line up of advisers we have announced today puts the right team in place to assist Cape in our ambitious plans to increase both the scale of our business and the breadth of our offering.”
::
DIGITAL marketing agency Swamp is helping the England & Wales Cricket Board (ECB) to engage with sports fans and increase the following of the England cricket team by launching some radical new Facebook activity.
Swamp has launched the Official England Cricket page for TwelfthMan, the fan services offering from the ECB, along with innovative Facebook applications which include the ‘Bat For England’ cricket game and profile badges for fans to customise and display on their own Facebook profile.
TwelfthMan replaces the England Cricket Supporters Club, as the official voice of England Cricket and offers fans the chance to subscribe to exclusive benefits and services, including prioritised access to England international tickets).
Through this campaign the ECB aims to reach out to a new cricket audience and attract the more casual sports fans, who may support other English sports.
::
THE average level of debt driving consumers to the solution of an IVA or debt management plan (DMP) has steadily risen over the past four months – and the intense stress that goes with it is making them ill according to a study.
The report, by comparison site IVA.com, showedthat over the summer the average debt accrued by those signing up for a form of debt solution via IVA.com has increased every month and now stands at a massive £47,000.
In May the average debt of those accepted for an IVA or DMP was £32,750. This crept up to £35,750 in June and in July the increase stepped up a gear to reach £44,500.
August’s figure stands at £47,000 – a “chilling example of the snowballing debt problem affecting the UK”.