Search Results for: Bank of England
$50bn Russian oil lawsuit set for next stage; Yukos
February 7th, 2017
Russian businessmen trying to overturn a decision to deny them a record $50bn arbitration award following the collapse of oil company Yukos will file their grounds of appeal next month. The businessmen are all ex-shareholders at the company, which ...
Non-committal Fed drives down dollar, dampens stocks
February 2nd, 2017
The dollar slipped to a 12-week low on Thursday and stock and bonds markets both showed caution after the U.S. Federal Reserve stuck to its mildly upbeat view of the world but gave no hint on when it will ...
What a leaked EU report says for Brexit
February 2nd, 2017
The European commission’s Brexit negotiators must strike a “workable” deal with Theresa May’s government to protect the City of London or the economies of the remaining member states will be damaged, a leaked EU report warns. The document – ...
Dijsselbloem warns the U.K for turning into a tax haven
January 30th, 2017
Jeroen Dijsselbloem warned Britain not to “take a crazy backward step” on Tuesday. In an interview with the Dutch RTL, the President of the Eurogroup said that turning Britain into a tax haven would hurt both Britain and the ...
Focus Still on Pound Sterling Today as Employment and Earnings Data Ahead
January 18th, 2017
Pound Sterling is in focus once again in mid-week trade as it falls back from recent highs. While the political agenda is likely to subside in importance for the UK currency now that speculation over what Brexit will look ...
Malice in Wonderland
January 15th, 2017
Malice in Wonderland Recently, I was quietly reading in my armchair, eyes closing and trying to stay awake, and the next moment I was falling down a rabbit hole. After falling into the void, I found myself outside a ...
Inflation to Hurt UK Consumers in 2017?
January 9th, 2017
Ever since the onset of the financial crisis nearly a decade ago, central banks have been struggling to revive inflationary pressures mostly through easy monetary policy. After all, rising prices can shore up demand and allow businesses to rake ...
Why Europe must end in tears
December 11th, 2016
The latest consequence of economic mismanagement in Europe was the failed attempt at constitutional reform in Italy this week. The Italian people have had enough of their government’s economic failure, and is refusing to give it more power. The ...
Football Leaks: Corruption of the game
December 5th, 2016
From where did the largest dataset leak in the history of sports come? And who is the man who exposed the corruption and tax scheming – the individual who is now being hunted down by the giants of the ...
Pound US Dollar Exchange Rate Advances as UK Retail Sales Trigger Rush for Sterling
November 17th, 2016
Pound US Dollar Exchange Rate Climbs after Forecast-Beating Retail Sales Results The Pound has been able to rise by 0.4% against the US Dollar today, primarily on account of the October retail sales results. On the month and the ...
