Small business community outline their priorities to the PM
A survey conducted following last week’s General Election has revealed the priorities of Britain’s SMEs.Continue reading→
Markets breathe a sigh of relief at election outcome
An end to the volatility of the last few weeks was in sight this morning as it emerged that David Cameron would likely be staying on at number 10.Continue reading→
Clydesdale Bank to be split from Australian parent company
The Australian parent of Clydesdale bank has confirmed plans to float the high street lender on the London Stock Exchange before the end of the year as it quits the UK market.Continue reading→
HSBC to decide on HQ location within months
HSBC pledged to decide whether to leave the UK within months on Tuesday as its chief executive said Britain had rejected the universal banking model that Europe’s largest bank aspires to.Continue reading→
Weak coalition could undermine the economy
Economists are warning that a weak government could slow the recovery and drive up government borrowing costs as financial markets add a premium for political risk.Continue reading→
Mixed first quarter results for Lloyds
The state-rescued Lloyds Banking Group has announced that net profits sank by a fifth in the first quarter, after taking a charge against the disposal of its TSB retail division.Continue reading→
UK economic growth slows to 0.3 per cent ahead of next general election
The latest figures for Britain’s economy have revealed that the recovery rate slowed to 0.3 per cent during the first quarter of 2015, despite experts’ earlier predictions that growth would be 0.5 per cent.Continue reading→
German think tank says exit from EU would cost Britain £224bn
According to Bertelsmann Stiftung, a German think tank, an exit from the EU would have a worse impact on Britain than any other EU nation.Continue reading→
HMRC’s “Rising Stars” team to scrutinise the financial affairs of wealthy individuals
HM Revenue and Customs (HMRC) has extended its efforts to inspect the financial status of some of Britain’s wealthiest taxpayers through its “Rising Stars” team, which actively seeks to track their activities.Continue reading→
Deutsche Bank hit by record £1.7bn rate-rigging fine
Germany’s Deutsche Bank has been fined a record $2.5bn (£1.7bn) by UK and US regulators for rigging Libor and Euribor, ordered to fire seven employees and accused of being obstructive towards regulators in their investigations.Continue reading→
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