An argument about the pace of the implementation of new bank reforms, which are aimed at avoiding another taxpayers’ bailout in a future financial crisis, has erupted between Conservative and Liberal Democrat ministers. Business Secretary Vince Cable announced that the … Continue reading
Posted in Uncategorized | Leave a commentOfficial figures from the Office for National Statistics (ONS) have revealed that UK banks are responsible for 35 percent of the national economic decline since September 2008. Compared to September 2008, when the British banking industry began its economic decline, … Continue reading
Posted in Uncategorized | Leave a commentThe Government has launched a new drive to help families who are blighted by poverty and crime with the launch of “social impact bonds”. Government Ministers are encouraging private investors, philanthropists, charity group and other groups to donate money to … Continue reading
Posted in Uncategorized | Leave a commentA Government Minister has defended a deal with the Swiss authorities that will see UK tax evaders with hidden overseas accounts targeted. The deal will see the Treasury recoup more than £5bn in unpaid tax from Britons with Swiss banks … Continue reading
Posted in Uncategorized | Leave a commentConcerns are being raised over the Government’s economic growth strategy following Barclay Capital’s claims that business investment in the UK is heading for a record low. Despite encouragement from the Government for corporate activity, Friday’s figures are expected to reveal … Continue reading
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