The sum of £8bn encompasses the sum the government has had to write off and the interest it has to pay on the stock of debt it holds
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FT on 2nd Feb 2012 (via ft.com)
Deutshe Boerse and NYSE's proposal to create the world's largest exchange operator was rejected by European anti-trust authorities yesterday (1 February), for fear that it would create "a near-monopoly" on derivatives trading. More »
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EurActiv on 2nd Feb 2012 (via euractiv.com)
What a bloody mess !! Until Gordon Brown (Badly Knitted Man) came along, our banks worked mostly very well for themselves and for our nation, with the Bank of England being the world's most revered financial institution. Gordon Brown took away the safety regulations and then encouraged banks, especially RBS, to take enormous risks with their investments and stock sharing, whilst...
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PopularAlliance on 1st Feb 2012 (via popularalliance.org)
RBS’s award of a £963,000 bonus to Stephen Hester has provoked anger. A chart of stock prices shows one reason why. In the last 12 months, RBS’s share price has underperformed the market; it has also underperformed two of its three main peers – HSBC and Barclays but not Lloyds. Insofar as Hester’s job is
submitted by
LiberalConspiracy on 27th Jan 2012 (via liberalconspiracy.org)
Jury hears tycoon secretly bought shares to support conglomerate’s stock price and expensive properties
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FT on 24th Jan 2012 (via ft.com)
People should start stock-piling stamps now ahead of an expected steep price rise in April, the official consumer watchdog has said.
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Telegraph on 20th Jan 2012 (via telegraph.feedsportal.com)
Mounting speculation that a leading credit agency is to imminently downgrade the ratings of a number of eurozone countries drove global markets sharply lower and sent the euro currency spinning down to a 17-month low.
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TheIndependent on 13th Jan 2012 (via rss.feedsportal.com)