FCA: Brexit implementation period could see UK lumbered with raft of financial services legislation
The UK could be left without a voice and forced to accept more than 30 pieces of new EU financial services legislation if the proposed…
Category: News
BoE stress tests show UK banks are ready for 'deep' global recession
The Bank of England’s stress tests published on Wednesday revealed the UK’s seven major lenders are ready to withstand both the fallout from Brexit and…
Hopes for a resolution in the US-China trade war appear dim ahead of the G20 summit
A win at this week’s meeting between the US President Donald Trump and Chinese President Xi Jinping at the G20 summit in Buenos Aires could…
Volvo's $30 billion IPO is officially off, and Trump's trade war is to blame
Volvo, the Swedish automaker, has confirmed plans to shelve an IPO potentially worth $30 billion, having previously blamed President Donald Trump’s trade war for postponing…
Oil is taking a hit after US inventories gain while Putin says prices are 'absolutely fine'
Oil prices tumble yet again ahead of an OPEC meeting on December 6. Vladimir Putin said current prices are “absolutely fine.” WTI traded below $50…
Austerity has measurably damaged Europe: here is the statistical evidence
The Institute of International Finance says austerity probably damages economies trying to recover from the great financial crisis. Since 2008, GDP growth in the US…