Government called to raise awareness of equity release for retirement income
According to a recent poll conducted at the Great Retirement Money Debate (held by the Equity Release Council), many respondents believed that the Government had not effectively promoted the benefits of equity release as a source of retirement income.Continue reading
Regulator outlines scope of UK banking probe
The UK’s markets watchdog has set out the issues it will focus on in its investigation into investment and corporate banking competition.Continue reading
Banks fined £3.7bn for rigging foreign exchange markets
Five of the world’s largest banks are to pay fines totalling $5.7bn (£3.6bn) for charges including manipulating the foreign exchange market.Continue reading
Bankers’ pay cap: should they earn the same as civil servants?
Bankers should be paid no more than civil servants, a former senior advisor to David Cameron has proposed.Continue reading
Deutsche Bank mulls leaving UK on EU exit
Deutsche Bank has become the first bank to formally consider what it would do if the UK voted to leave the EU.Continue reading
Hopes that fund will help SMEs access the money they need
This month HSBC launched an £8billion fund which will specifically help finance the UK’s small and medium-sized enterprises (SMEs).Continue reading
Scottish draft devolution plan “falls short”
Scottish devolution proposals which would force Holyrood to seek Westminster’s consent before introducing new devolved benefits “could be considered or perceived as a veto”, a cross-party committee of MSPs has concluded.Continue reading
France and the Eurozone economies overtake UK
The Eurozone economy picked up in the first quarter of the year, overtaking Britain’s GDP figures.Continue reading
Will there be another budget from a now all-Tory government?
George Osborne returned to the Treasury this week with colleagues predicting that he will deliver his second Budget of 2015 “relatively soon” to mark a distinctive new phase of his chancellorship.Continue reading
Conservatives are the “real party for working people”
David Cameron will tell his Cabinet the Conservatives are the “real party for working people” as he meets with his most senior ministers for the first time.Continue reading
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