Brexit may harm UK top credit rating say two leading credit agencies
The threat of Brexit – Britain exiting from the EU – could hit the top credit rating of the UK, say two leading credit agencies,...
Christine Lagarde warns of Brexit risks for UK economic recovery
Christine Lagarde warns of the risks for the UK economy related to a possible Brexit (Britain Exiting the EU). The Managing Director of the...
Standard Chartered raises £3.3 billion from rights issue
Standard Chartered has completed the rights issue it announced last month, raising £3.3 billion.
The rights issue was launched as part of a new...
Cameron delays decision on whether to build a new Heathrow runway
The UK government has delayed its decision on whether to build a new runway at Heathrow - the country’s busiest airport.
Prime Minister David Cameron...
Scandal of hunger in Britain should be treated as emergency, says report
The ‘scandal of hunger’ in Britain, where children go for days without a meal, should be treated as an emergency, with the equivalent of...
Lowering EU referendum age rejected by British MPs
Lowering the EU in-or-out EU referendum to include 16 and 17-year olds has been rejected by MPs in a 303 to 253 vote. The...
Tighter monetary policy crucial, says BIS, despite uneasy calm in financial markets
BIS (Bank for International Settlements) is arguing for tighter monetary policy, despite the current ‘uneasy calm’ in financial markets. It has long believed that the...
David Cameron celebrating tenth anniversary as head of Tory Party
British Prime Minister David Cameron is celebrating his tenth anniversary as head of the Tory Party (Conservative Party). Born in Marylebone, London, and brought...
ECB disappoints high market expectations despite rolling out more stimulus
The ECB (European Central Bank) failed to live up to high market expectations, despite rolling out more stimulus, leaving Germany’s DAX to take its...
Nineteen British Insurers had capital calculation models approved by BoE
Nineteen British insurers had their capital calculation models approved by the Bank of England on Saturday, 5th December, among them the Society of Lloyd’s,...