Monthly Archives: March 2011
Nationalised Irish banks wont end the horse trading with EU
Tomorrow will more than likely see the last remaining vestiges of an independent Irish banking sector stripped away. The latest and this time proper stress tests carried out under the auspices of Blackrock Consulting will expose the fact that the … Continue reading
Peaceful protest, sedate sit-ins and angry anarchy on the streets of London
The main — and by far the biggest — organisation involved in yesterday’s protest was the TUC. It organised the rally in Hyde Park which attracted more than a quarter of a million demonstrators — as individuals or groups. Its … Continue reading
Read his lips folks: George says ‘no new taxes’ in UK budget on Wed
The Chancellor has confirmed that there would be no new spending cuts or tax rises in next week’s budget. Speaking on the BBC’s Andrew Marr show George Osborne also said he would be raising the threshold below which no income … Continue reading
HSBC to leave London? Not yet though UK bank levy means they’ve dusted down some suitcases
As you can see from the official quote below, no decision has been taken yet and most of the advantages remain for staying in London – even though only 10% of HSBC’s turnover comes from the UK. A decision … Continue reading
Mervyn King throws verbal grenade into Bank debate
It may be the first time many people have heard such stark and, some might say, incendiary comments from the Bank of England governor. But he’s been here before and as recently as last Wednesday. Mr King told MPs on … Continue reading
