Wednesday, 26 February 2014

Bank of England could raise interest rates next spring, says MPC member

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MPC member Ian McCafferty says market expectations rates could rise in the second quarter of 2015 are 'not unreasonable' A Bank o...
Tuesday, 25 February 2014

HSBC hands allowances to hundreds of bankers to avoid EU bonus cap

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Britain's biggest bank awards staff 'fixed pay allowances' to side-step restriction on bonuses imposed by Brussels A defiant ...
Wednesday, 19 February 2014

UK unemployment rate ticks up, underlines steady stance on rates

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Britain's unemployment rate unexpectedly edged up in the three months to December to mark a first rise in almost a year, underlining a ...
Tuesday, 18 February 2014

UK inflation falls below Bank of England's 2% target

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Rate dropped to 1.9% in January, the first time it has dipped below target in more than four years Inflation fell below the Bank of Engl...
Monday, 17 February 2014

Former Barclays bankers charged over Libor allegations

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The three men are the first former or existing Barclays staff named in criminal proceedings linked to interest rate fixing allegations T...

House price boom brings new wave of sellers into the market

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Property website Rightmove says shortage of homes and buying frenzy have driven asking prices to record level Surging house prices have p...
Thursday, 13 February 2014

Lloyds in £1bn tax dispute with HMRC over Irish losses

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Bank reveals it is in a £1bn tax dispute with HMRC over the way it has used losses from its Irish buisness to cut its tax bill Lloyds Ba...