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The Bank's Great House-Price Bubble Dilemma

Written By Unknown on Rabu, 21 Mei 2014 | 00.25

It's rather ironic that the one time there is widespread attention on the Office for National Statistics' (ONS) house price index, amid fears of a housing bubble, the index then goes and falls. But the drop in annual UK house price inflation from 9.2%...
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Credit Suisse Fined $2.6bn Over Tax Dodgers

Credit Suisse has agreed to pay a $2.6bn (£1.5bn) fine imposed by the US government, after it helped wealthy Americans evade taxes. The Swiss giant became the largest bank in two decades to plead guilty to a US criminal charge. Despite paying the massive...
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LDC To Beat Miliband Freeze With uSwitch IPO

By Mark Kleinman, City Editor An investment firm controlled by the taxpayer-backed Lloyds Banking Group is examining a stock market listing of the price comparison website uSwitch just months after acquiring a majority stake. Sky News understands...
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Consumer Inflation Rises In April To 1.8%

The consumer prices index (CPI) for April hit 1.8%, according to officially released figures. The Office for National Statistics (ONS) said it was a rise of 0.2% on the March figure. The rise was more than expected, up from its lowest level in more...
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Cyber Fusillades Pushed US To Name And Shame

US And China Spy Row: Diplomatic Fallout 'Huge' Updated: 7:32pm UK, Monday 19 May 2014 By Mark Stone, China Correspondent America's decision to file charges against five Chinese individuals and to publish 'wanted' posters for them is as serious...
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China Angry Over US Spy Charges 'Hypocrisy'

US And China Spy Row: Diplomatic Fallout 'Huge' Updated: 7:32pm UK, Monday 19 May 2014 By Mark Stone, China Correspondent America's decision to file charges against five Chinese individuals and to publish 'wanted' posters for them is as serious...
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M&S Annual Profits Drop For Third Year In A Row

Marks and Spencer has announced that staff and management will be denied bonuses this year, after recording its third straight year of declining profit. The decision comes as the high street icon revealed a 3.9% drop in full-year underlying pre-tax...
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Search Ruling 'Could Let People Sanitise Past'

"Serious questions" must be asked about a European Union ruling that search engines should remove links to information about individuals, the Justice Secretary said. Last week's judgement means details that are irrelevant or incorrect - and prejudicial...
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Overseas Banks Sceptical About Standards Body

By Mark Kleinman, City Editor Some of the biggest foreign banks operating in the UK have signalled that they are unlikely to join a new body being set up to rehabilitate the embattled industry's reputation. A number of European and Wall Street...
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House Prices Up As PM Mulls Help To Buy Future

House prices have risen 8% in the year to March, figures have shown, as David Cameron said he would "consider" changes to the Help To Buy scheme if advised to do so by the Bank of England. While the increase is down on the 9.2% rise announced in February,...
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