UK unveils bank regulation overhaul

Posted by admin January 27, 2012 No Comments »

Chancellor given power to act unilaterally in a crisis, although legislation falls short of MPs’ wishes on regulation of central bank

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UK unveils bank regulation overhaul

US growth accelerates to 2.8%

Posted by admin January 27, 2012 No Comments »

The US economy grew at a robust annualised rate of 2.8 per cent in the final three months of 2011 but there was little sign of rapid growth ahead

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US growth accelerates to 2.8%

Smartphone sales plunge at Nokia

Posted by admin January 26, 2012 No Comments »

Shares rebound as decline not as bad as previously thought

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Smartphone sales plunge at Nokia

Cameron rebukes euro leaders over crisis

Posted by admin January 26, 2012 No Comments »

British PM says policymakers are still far from finding a solution to the eurozone’s underlying problems

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Cameron rebukes euro leaders over crisis

Obama puts tax at heart of election

Posted by admin January 25, 2012 No Comments »

Candidate releases two years of records hours after attacking rival Newt Gingrich in his most aggressive debate performance

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Obama puts tax at heart of election

Solar companies celebrate victory on subsidies

Posted by admin January 25, 2012 No Comments »

Court of Appeal upholds legal decision that cuts to household solar subsidies are illegal

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Solar companies celebrate victory on subsidies

Berlin ready to see stronger ‘firewall’

Posted by admin January 24, 2012 No Comments »

Merkel prepared to let existing EFSF, which has about €250bn in unused funds, run in parallel with successor, the €500bn ESM

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Berlin ready to see stronger ‘firewall’

Cable outlines plans to curb top pay

Posted by admin January 24, 2012 No Comments »

Business secretary says Britons can no longer stomach top pay rising at five times the rate of that of average workers

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Cable outlines plans to curb top pay

Greek bondholders draw line in the sand

Posted by admin January 23, 2012 No Comments »

‘Maximum’ offer implies that any further demands could kill off a ‘voluntary’ deal and trigger a default

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Greek bondholders draw line in the sand

EU plans raise home foreclosure risk

Posted by admin January 23, 2012 No Comments »

Directive declares all EU loans must be treated as if in default when 90 days in arrears, while UK tradition is for 180 days

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EU plans raise home foreclosure risk