Search Results for: European Union
Legal profession poll: 75% want United Kingdom to stay in EU
March 21st, 2016
Survey of 1,000 lawyers and law students shows massive opposition to Brexit The overwhelming majority of the legal profession wants to remain within the EU — but there is notably more willingness to countenance a Brexit among barristers than ...
The ECB and John Law
March 21st, 2016
Last week, the ECB extended its monetary madness, pushing deposit rates further into negative figures. It is extending quantitative easing from sovereign debt into non-financial investment grade bonds, while increasing the pace of acquisition to €80bn per month. The ...
CFTC Approves Substituted Compliance Framework in Follow-up to the Recent Equivalence Agreement between the US and the EU
March 18th, 2016
The U.S. Commodity Futures Trading Commission (CFTC) today unanimously approved a substituted compliance framework for dually-registered central counterparties (CCPs) located in the European Union (EU), together with a comparability determination with respect to certain EU rules. Today’s action follows ...
Bank of England maintains Bank Rate at 0.5% and the size of the Asset Purchase Programme at £375 billion
March 17th, 2016
The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target and in a way that helps to sustain growth and employment. At its meeting ending on 16 March 2016, the MPC voted ...
Mark Carney: EU exit is ‘biggest domestic risk’
March 9th, 2016
The possibility of Britain leaving the EU is the “biggest domestic risk to financial stability”, Bank of England governor Mark Carney has said. He told the Treasury Committee that an exit vote could create economic uncertainty, although he added ...
GDP up by 0.3% in the euro area and by 0.4% in the EU28
March 9th, 2016
Seasonally adjusted GDP rose by 0.3% in the euro area (EA19) and by 0.4% in the EU28 during the fourth quarter of 2015, compared with the previous quarter, according to an estimate published by Eurostat, the statistical office of ...
Worldpay Group earnings climb 8 pct in debut annual results
March 8th, 2016
Underlying earnings (EBITDA) up 8 pct to 406 mln pounds First interim dividend due late 2016 (Recasts, adds share price performance, company comments) British payments processor Worldpay reported an 8 percent rise in underlying earnings to 406 million pounds ...
EU Auditors Call For Renewed Efforts On VAT Fraud
March 7th, 2016
The current European Union system for fighting cross-border value-added tax fraud is not effective enough, according to a new report by the European Court of Auditors. The auditors said that while the EU has a range of tools at ...
Brexit: Latest poll gives ‘Remain’ campaign slight lead
March 7th, 2016
In the latest blow, Lord Howard said the PM’s renegotiation of the UK’s membership had “met with failure” and urged voters to back withdrawal. “There is only one thing that just might shake Europe’s leaders out of their complacency: ...
Businesses struggled from Asia to Europe in February
March 3rd, 2016
Global business growth slowed last month as services from Asia to Europe reported waning demand and little or no inflationary pressure, suggesting more central bank stimulus may be needed, surveys showed. Euro zone businesses had their worst month in ...
