Gillian Tett at the TUC: Building an economy around Canary Wharf was nuts and Over the last few years the financial sector built a candy
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Taxing Transactions
Alex Brummer of the Daily Mail has written a good article on transaction taxes (just to prove don’t always pick on this paper), saying: No
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Big fine for UBS wealth management division
FT.com / Companies / Banks – Improper trading case adds to woes for UBS. News on Thursday that employees in UBS’s wealth management division in
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RBS hits out at Brussels over forced sales
FT.com / Companies / Banks – Hester hits out at Brussels over forced sales. Royal Bank of Scotland on Tuesday criticised the agreement it has
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Northern Rock: the debacle continues?
The EU has approved the plan to split Northern Rock into good and bad banks. The latter includes the notorious Granite that helped bring down
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Banker bonuses minute, says duke
BBC NEWS | UK | Banker bonuses minute, says duke. The BBC reports: The Duke of York has defended bankers’ bonuses, saying they are “minute”
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Obama ‘pay tsar’ to order huge cuts
FT.com / US & Canada – Obama ‘pay tsar’ to order huge cuts . The top 25 executives at the seven US companies bailed out
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King on banks: reform has to happen
The Telegraph has done a rather useful summary of highlights from last night’s speech by Mervyn King, Bank of England governor. he said: On support
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The fight back on bank tax begins
The FT has noted: UK companies looking to restructure debts have had their plans thrown into doubt after the Treasury tightened up tax rules around
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