News

  • ‘Euro Zone To Blame’ – Says Osborne

    ‘Euro Zone To Blame’ – Says Osborne

    George Osborne has defended the government’s austerity programme, and put Britain’s struggles down to turmoil in the euro zone.

  • Lord Jones Hits Back At Hague

    Lord Jones Hits Back At Hague

    Former CBI director general Lord Jones has reacted to William Hague’s comments on businesses not performing, branding them “a bit rich”.

  • Plus Markets To Shut Down

    Plus Markets To Shut Down

    After failing to attract an acceptable takeover offer since putting itself up for sale in February, the British stock exchange for small companies has said that it will shut itself down.

  • Lobby Urges Vote Against Bonus Cap

    Lobby Urges Vote Against Bonus Cap

    The EU has been urged by a consortium of banks to vote against any proposals that would see bonuses cut to the level of annual salaries.

  • CEBR Predicts Bonus Collapse

    CEBR Predicts Bonus Collapse

    The Centre for Economics and Business Research has said that, amid a slack labour market and a decline in jobs, City bonuses will “collapse” to £2.3bn in 2012-13 – the lowest total payout pool in 14 years.

  • Commerzbank Loses Bonus Battle

    Commerzbank Loses Bonus Battle

    Commerzbank has been ordered by the high court to pay £40m in bonuses dating back to the financial crisis.

  • ‘Tone Down Bank Bashing’ – Regulators Told

    ‘Tone Down Bank Bashing’ – Regulators Told

    A former deputy governor of the Bank of England has called on the UK’s regulators to reign in their attacks on the financial sector, or risk making recovery more difficult.

  • Mitsui Fined and Ex-Euro Chairman Banned By FSA

    Mitsui Fined and Ex-Euro Chairman Banned By FSA

    The FSA has handed a £3.35m fine to Japanese insurer Mitsui Sumitomo and banned its former European chairman, Yohichi Kumagai, from working in the UK financial services industry.

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