Spain 'in huge crisis' as unemployment hits record levels
HSBC accused of 'massaging' job losses
QE quadruples pensions deficit in one year
France and Germany clash over euro austerity pact
Abu Dhabi in Lloyds Bank talks
Cable told to change law on bank mis-selling
Double-dip recession to trigger house price fall
OECD tells Osborne ‘loosen purse strings’
Mike Clasper quits HMRC after tax controversy
F1 flotation boosted by £4.4bn ‘guarantee’
Sunday, 29 April 2012
Spanish leaders warned that their country is mired in a
"crisis of huge proportions" as the government reeled
from the latest downgrade of its credit rating and was
faced with record unemployment.
Pension deficits at the country's biggest companies have quadrupled in 12 months in the wake of the Government's quantitative easing policy.
Middle Eastern wealth funds Qatar Holdings and Abu Dhabi’s Mubadala fund have held talks with Lloyds bank bidder, NBNK, to bolster its £2bn approach for 632 branches.
Pressure grows on Government to change the law so small businesses that claim they have been mis-sold complex interest rate derivatives by Britain’s banks can take legal action.
Britain's official return to recession has raised the risk of a sharp fall in house prices, economists have warned.
The Government should consider borrowing more to pay for vital infrastructure projects in an attempt to stimulate growth, according to the OECD.
Mike Clasper is to stand down as chairman of HMRC after a spate of high-profile controversies surrounding the tax authority’s alleged close relationship with large companies.
Bernie Ecclestone is finalising preparations for a £6.1bn flotation of F1 and is expected to lodge a prospectus for the business showing that it has $7.1bn of guaranteed revenue.
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