Wed, 19 Jun 2013 23:30Wed, 19 Jun 2013 22:26
Regulator Reveals £27.1bn UK Bank Shortfall
A City regulator has revealed the capital holes at UK banks total £27.1bn - with Royal Bank of Scotland (RBS) facing the biggest shortfall. The Prudential Regulation Authority (PRA) said that while the ...
Chancellor Unveils Plan For State-Owned Banks
George Osborne has unveiled Government plans for the future of state-owned banks during his annual speech on the state of the UK economy. In his remarks at Mansion House in London, the Chancellor said ...Wed, 19 Jun 2013 22:08
Federal Reserve Hints At Slowing Bond Purchases
The US Federal Reserve has signalled it is moving closer to slowing its bond-buying programme, which is intended to keep long-term interest rates at record lows. The Fed offered a more optimistic outlook ...Wed, 19 Jun 2013 19:16
Billing Errors Cost Families Up To £400 A Year
Millions of families are being left up to £400 out of pocket due to errors in calculating their household bills. A new report claims 70% of consumers have been overcharged in the past year, with a third ...Wed, 19 Jun 2013 14:18
Bankers Should Face Jail Terms, Report Says
A new criminal offence punishing bankers for "reckless misconduct" while running their institutions is the centrepiece of proposals unveiled by a group of MPs and peers aimed at reforming the ...Wed, 19 Jun 2013 12:30
Dolce & Gabbana Found Guilty Of Tax Dodging
Fashion duo Dolce & Gabbana have been convicted of dodging millions of pounds in tax. Designers Domenico Dolce and Stefano Gabbana - whose fashion house has dressed the likes of Madonna, Beyonce and Naomi Campbell ...