- 06/09/10
- George Osborne, in a break with Gordon Brown’s era, has decided to ditch the Pre-Budget Report; a decision which will save resources at the Treasury.
- Source: Financial Times
- 06/09/10
- A group of institutional shareholders is threatening to issue a joint letter demanding the resignation of Harvey McGrath as chairman of Prudential.
- Source: The Telegraph
- 06/09/10
- Britain’s six biggest banks have commissioned a report to profile the creditworthiness of their business customers in a bid to break the deadlock with the Government over lending levels.
- Source: The Telegraph
- 06/09/10
- George Osborne, in a break with Gordon Brown’s era, has decided to ditch the Pre-Budget Report; a decision which will save resources at the Treasury.
- Source: Financial Times
- 06/09/10
- The chancellor has denied “losing his nerve” in a simmering dispute with bankers over bonuses, insisting he will press ahead with plans to make public the number of employees earning more than £1m a year.
- Source: Financial Times
- 06/09/10
- “No one will escape” tighter financial supervision in the European Union in the future, warned the bloc’s Internal Market Commissioner, even as he attempted to reassure the industry to “remain calm” over the new regulatory regime.
- Source: Financial Times
- 06/09/10
- More than 45,000 people will this week receive letters from HM Revenue & Customs (HMRC) to give them warning that their employers have not deducted the correct amount of tax from their pay packets and that they have underpaid or overpaid as a result.
- Source: Independent
- 02/09/10
- There are high levels of unease and mistrust towards mainstream banking among Britain’s minority ethnic communities, causing many to turn to informal community savings, according to a report published today by race equality think tank Runnymede.
- Source: Community Newswire
- 02/09/10
- The Scottish insurance giant Standard Life will axe up to 600 jobs over the next 15 months as part of efforts to cut £100m from the company’s costs by the end of next year.
- Source: The Times
- 02/09/10
- Dick Fuld, the former chief executive of Lehman Brothers, let loose his bitterness at the US government’s failure to save his investment bank in 2008, saying that the company was “sound” even in the dying hours of the Sunday that sealed its fate.
- Source: Independent