Search Results for: Bank of England
FCA joins HSBC tax-dodging inquiry
February 17th, 2015
The Financial Conduct Authority (FCA) says it is looking into the HSBC bank over its Swiss tax-dodging scandal. The move comes in the light of last week’s allegations that the bank had helped hundreds of people evade UK tax ...
Tokyo shares at eight-year top, Greek talks loom
February 16th, 2015
Japanese shares touched an eight-year high on Monday following a record close on Wall Street, with investors cautiously optimistic the European Union would make progress this week on a debt deal with Greece. Oil prices faded after an early spurt, ...
Asian shares jump on Ukraine ceasefire, Greek hopes
February 13th, 2015
Asian shares soared on Friday on news of a ceasefire accord in Ukraine, while Sweden’s surprise move to cut its main rate into negative territory and hopes of a resolution between debt-strapped Greece and its creditors burnished risk appetite. MSCI’s broadest index ...
Hodge delivers fresh attack on tax avoidance
February 12th, 2015
Professional tax advisers heard some tough talking from Margaret Hodge MP, chair of the Public Accounts Committee, when she spoke at an ICAS Business Insights event in London on 10 February. The Labour MP for Barking said: “There are too many ...
Ready for Brexit?
February 9th, 2015
ING’s economist James Knightley analysed the potential effects on the UK economy of holding a referendum on exiting the European Union (Brexit). Real risk that the UK leaves the EU The UK’s future relationship with Europe will be a ...
Markets mixed as oil plunge resumes
February 5th, 2015
US stocks pulled back on Wednesday on the backdrop of resumed slide in oil prices and news that European Central Bank will no longer accept Greek bonds as collateral. Energy, utilities and health-care stocks led the losses, with six ...
ECB holds rates; markets on edge on Europe QE hopes
January 22nd, 2015
European Central Bank President Mario Draghi has announced the central bank to an expanded 60 billion euro ($70 billion) private and public bond-buying program until September 2016. The ECB kept its main interest rate unchanged on Thursday. It kept its ...
Investors cautiously optimistic ahead of ECB meeting
January 21st, 2015
US stocks recorded marginal gains on Tuesday after pairing big early losses as investors appeared uncertain about the prospects of the monetary stimulus program in Europe. The European Central Bank is expected to announce further measures of monetary expansion ...
Markets mixed as oil slide continues
January 14th, 2015
World markets were mixed on Tuesday as oil continued falling. US stock market started the trading session with a rally but the early gains were reversed by midday and the market ended the session slightly lower, recording triple-digit swings ...
Deflation ‘may hit UK in 2015’ warn experts, who fear May’s General Election could knock stability
January 2nd, 2015
Deflation may set in this year and the May General Election could be a mess that leaves England ‘dangerously unstable’, a leading independent forecaster warns today. The Centre for Economics and Business Research (CEBR) has predicted inflation could turn ...
