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Economics

Economics / Markets

G20 puts UK banks under lending pressure; Global levy dropped

UK banks could be under further pressure to curb lending after the G20 drafted rules to force them to bolster balance sheets by as much as £130bn.

clock 28 June 2010 •

Economics / Markets

BP stock tumbles below 300p over spill cost fears

Embattled oil major BP saw its share price dive below 300p on the FTSE earlier today after the estimated cost of the Gulf of Mexico oil spill was revised upward to $2.3bn (£1.57bn).

clock 25 June 2010 •

Economics / Markets

VAT rise was far from 'unavoidable' - papers

George Osborne's "unavoidable" increase in VAT, the single largest revenue raising measure in Tuesday's Budget, could have been avoided if the Chancellor had not decided to cut other taxes.

clock 24 June 2010 •

Economics / Markets

Government to consult on regulatory shake-up

The Government said today it will undertake a consultation period before setting up three new bodies as part of a radical shake-up of financial services regulation.

clock 17 June 2010 •

Your profession

Unemployment data shows UK economy still 'sick'

Fidelity's Tom Stevenson discusses the ‘distressing' element of today's unemployment figures and why the Chancellor is walking a tightrope ahead of the Budget.

clock 16 June 2010 •

Economics / Markets

Osborne to outline plans to shake-up regulation- papers

George Osborne will today set out plans for the biggest shake-up of economic regulation since 1997.

clock 16 June 2010 •

Economics / Markets

BP shares dive again as Obama draws parallels to 9/11

BP shares continued to fall both sides of the Atlantic on Monday after the oil giant said the cost of the Gulf of Mexico spill had risen to £1bn and US President Barack Obama compared the environmental disaster to the 9/11 terrorist attacks.

clock 14 June 2010 •

Economics / Markets

UK growth forecast downgraded to 2.6%

The newly-formed Office for Budget Responsibility (OBR) has downgraded the UK's economic growth projections for next year.

clock 14 June 2010 •

Economics / Markets

Tax experts slam CGT taper relief plan

David Cameron's proposed CGT taper relief plan has been condemned as a "dreadful idea" by tax experts.

clock 09 June 2010 •

Economics / Markets

Europe to go it alone with bank tax after G20 failure - Papers

The European Union yesterday pledged to go it alone with a banking levy amid continuing disagreements over agreeing a worldwide plan.

clock 09 June 2010 •
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