French tax income 14 billion euros short
President François Hollande assured everybody when he came into power two years ago that French tax income would increase if he dramatically raised income,...
US Consumer Confidence improves but housing mixed
The US Consumer Confidence Index improved moderately in May after falling in April, says The Conference Board. The Consumer Confidence Index edged up from...
TSB flotation announced
Lloyds Banking Group has announced a 25% TSB flotation (IPO) set for the end of June, with small investors receiving one free share for...
Tax crackdown nets £23.9 billion in extra revenue, UK
The tax crackdown by the UK government has resulted in a record £23.9 billion in additional tax revenue compared to last year, says HM...
Conference on Inclusive Capitalism, making it fairer
Political and business leaders have gathered in London for the Conference on Inclusive Capitalism, which seeks to find practical ways to turn the capitalist...
Very low inflation may delay spending, Draghi warns
Mario Draghi, President of the European Central Bank (ECB), warned that expectations of extremely low inflation, or even deflation could encourage Eurozone businesses and...
Manchester United’s brand value down 98 million dollars
After a very bad football season, Manchester United’s brand value slid $98 million, from $837 million in 2013 to $739 in 2014, says consultancy...
Russia too reliant on Western imports, says Putin
Vladimir Putin, Russia’s President, announced the launch of a fund aimed at boosting domestic production and reducing the country’s dependence on Western imports. Russia...
S&P raised Spain’s rating to BBB
S&P raised Spain’s rating to BBB from BBB- after the country showed signs of faster economic growth and fiscal consolidation. The outlook for the...
Canadian inflation reached 2 percent in April
Canadian inflation reached 2 percent (annualized) in April, after the Consumer Price Index (CPI) rose by 1.5% in March. Canada’s April CPI was the...