As the FT has just reported: The International Monetary Fund badly missed the risks that led to the global financial crisis because of a naive
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Project Merlin is even weaker on pay than it is on tax and lending: Following these discussions, the four banks confirm that the aggregate 2010
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The tax clauses of the Project Merlin greement with the banks say: 2. 1. The four banks have committed to abide by HMRC’s new UK
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The government has published its agreement with the banks. Ignore all it says about lending commitments. The only relevant clause is this: Each bank’s lending
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Anthony Travers OBE, the head of Cayman Finance has resigned after two years in the job. What will we do without him? And how will
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Last week I was described by Geoff Cook of Jersey Finance as ‘ just a domestic chartered accountant’. He repeated the suggestion on BBC Radio
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Not my title, but the title of a programme I took part in broadcast on Radio Scotland on Monday. It looks at the ethics of
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Martin Wolf has one of his regular, and insightful, comment columns in the Financial Times this morning. It is entitled “Britain’s experiment in austerity”. If
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The Times has reported (from behind its paywall): The British taxpayer is to underwrite a loan of £160 million to support a Caribbean tax haven
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