Search Results for: HM Treasury
Stocks Limp to End Weak February
March 1st, 2016
Investors remain cautious, as officials guide China’s currency to weakest level in three weeks February’s rally faded Monday, as the Dow industrials hung on to post a small gain for the month while the S&P 500 slipped into negative ...
BGC Partners Reports Fourth Quarter and Full Year 2015 Financial Results
February 11th, 2016
The Company Generated Record Quarterly Post-tax Distributable Earnings Declares Quarterly Dividend of 14 Cents Global brokerage company BGC Partners, Inc. has issued an announcement to make publish its financial results for the quarter and year ended December 31, 2015. According the comapny, ...
Tax rise risk from George Osborne’s ‘inflexible’ budget target
February 9th, 2016
Chancellor George Osborne’s “inflexible” budget surplus target may mean sudden tax rises or spending cuts, independent economists suggest. The Institute for Fiscal Studies (IFS) said that Mr Osborne’s pledge to run a budget surplus “in normal times” from 2019-20 ...
This Is Really Bad For Banks
February 4th, 2016
Once upon a time, falling interest rates were great for banks. A lower cost of capital gave lenders access to cheap raw material while causing borrowers to clamber for what banks were selling. Large profits usually ensued. But not ...
Surprises in store…
February 3rd, 2016
The month of January has been a wake-up call for complacent equity investors. From the peaks of last year stock indices in the major markets have fallen 10-20%, give or take. On their own, these falls could be read ...
KCG announces Fourth Quarter 2015 Results
February 1st, 2016
KCG announces Consolidated Loss of $0.05 per Diluted Share for the Fourth Quarter of 2015 CG reports consolidated revenues of $262.7 million and pre-tax loss of $7.1 million for the quarter KCG increases tangible book value to $14.89 per ...
Google tax deal labelled ‘derisory’, as criticism grows
January 25th, 2016
An agreement for US firm Google to pay £130m in UK back taxes has been labelled as “derisory” and a “sweetheart deal” by critics. The payment covers money owed since 2005 and follows a six-year inquiry by Her Majesty’s ...
Asia rises after cold spell lifts oil, dollar stands tall
January 25th, 2016
Asian stocks on Monday moved further away from four-year lows struck last week, as a cold spell in parts of the northern hemisphere pushed oil prices higher and relieved some of the bearish pressure on global markets. World equities ...
Asia markets surge; Nikkei climbs to close 5.88% higher
January 22nd, 2016
Major Asian markets surged Friday, tracking the rally in European and U.S. equities overnight, getting a boost from a slight uptick in oil prices and comments from the European Central Bank (ECB). In Japan, the Nikkei jumped by 941.27 points, or 5.88 percent, ...
KPMG’s Top Financial Adviser quits over alleged tax scandal
January 21st, 2016
KPMG’s Patrick McCoy quits over alleged tax scandal Patrick McCoy, one of the top financial advisers in the UK, is among 10 people allegedly charged with tax evasion. Days after being accused, McCoy, the head of investment advice and ...