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By Howard Mustoe |
May 22, 2013
Three U.K. business lobby groups told the European Union its proposed financial transaction tax will harm the economic recovery.
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By Rebecca Christie and Jeanna Smialek |
April 21, 2013
European Union efforts to create a hard-to-escape financial transaction tax are coming under fire from within the bloc.
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By Silla Brush |
April 19, 2013
The $639 trillion global swaps market is starting to fragment because regulators are failing to agree on the cross-border rules.
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By Lindsay Fortado and Jim Brunsden |
April 16, 2013
Regulators will seek to eliminate conflicts leading to manipulation of benchmark lending rates while investigations into Libor fixing continue.
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By Ben Moshinsky |
April 2, 2013
The U.K.’s new banking regulator must explain to a panel of British lawmakers how it will restrict lenders’ proprietary trading.
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By Ambereen Choudhury and Rebecca Christie |
April 2, 2013
The European Union’s planned tax on financial transactions could add $6 billion to the cost of issuing U.K. government debt.
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By Howard Mustoe |
April 1, 2013
U.K. financial firms may add 4,000 jobs in the first half of the year, breaking three consecutive quarters of cuts.
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By Lindsay Fortado and Ben Moshinsky |
March 27, 2013
The U.K. Financial Services Authority will be replaced by two new regulators with greater powers.
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By James Ramelli |
March 21, 2013
Since 2013 began, British Pound Futures have fallen from highs of above 1.63 to the lowest levels it has seen since 2010 at 1.4823. However, traders have seen the futures rally on recent comments.
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By Svenja O’Donnell, Bloomberg |
March 20, 2013
Chancellor of the Exchequer George Osborne said the forecast for U.K. economic growth this year was cut by half as he lowered corporation tax and set out an updated central-bank remit to aid Britain’s recovery.