Thursday, May 17, 2018
Wednesday, May 16, 2018
Nikki Garnett, a blogger, said:
"How dare you Ben Broadbent?Bankers and economists should stick to the numbers and avoid mixing their medical metaphors.
Menopausal women have not lost their potency, in fact they are just reaching it... as I suspect you will find out in reactions to your anachronistic comment."
Tuesday, May 15, 2018
Friday, May 11, 2018
The Financial Conduct Authority (FCA) and the Prudential Regulation Authority said he had "failed to act with due skill, care and diligence in the way he acted in response to an anonymous letter received by Barclays in June 2016".
Barclays must also now report annually to the regulators detailing how it handles whistleblowing, with "personal attestations" required from those responsible for the relevant systems and controls.
Thursday, May 10, 2018
Breaking: @BankofEngland leaves interest rates on hold at 0.5%.— Ed Conway (@EdConwaySky) May 10, 2018
- 7-2 vote by the MPC. Saunders & McCafferty voted for 0.75% rates
- BoE cuts 2018 growth forecast from 1.8% to 1.4%
- Signals potential rate hikes later this year
Wednesday, May 09, 2018
TSB customers today: still can't get app or online banking...3 hours on phone...endless loop of automated voices...text saying over my limit when I'm not...can't access business account...can't sort out fraudulent transactions— Simon Gompertz (@gompertz) May 9, 2018
Live updates here.
Tuesday, May 01, 2018
Watch Sainsbury's CEO sing "we're in the money" while waiting to talk about the £12 billion merger with Asda - he's since apologised for his "unguarded moment" https://t.co/Kuaowz0q1u pic.twitter.com/jYMngcahS2— ITV News (@itvnews) April 30, 2018
Monday, April 30, 2018
The merged company (subject to regulatory approval) will be larger than Tesco, with combined revenues of £51bn.
There are no plans to close Sainsbury's or Asda stores. However, there are "Rudd type targets" of £500m "operational efficiencies".
Sainsbury's claim that customers would see benefits including price cuts of 10% on many of the products that customers buy regularly.
We shall see, the proof of the pudding is in the eating!
Wednesday, April 25, 2018
Tuesday, April 24, 2018
Today’s @ons deficit stats show— HM Treasury (@hmtreasury) April 24, 2018
the lowest March borrowing since 2004 👍🏿
the lowest full-year borrowing for over 10 years 📉
We’ve reached a turning point in our economy, with debt forecast to start falling – reducing the burden on future generations. pic.twitter.com/H52FgN8Htp
Monday, April 23, 2018
Capita, which provides a range of public services from collecting the BBC licence fee to recruiting for the British army, is issuing 1m new shares at 70p each — a 34 per cent discount to the theoretical price that the shares should trade at after the rights issue.
The three-for-two rights issue, which will raise £662m after fees to advisers, will be used to reduce Capita’s £1.2bn net debt, fund the company’s restructuring and invest in new technology.
Monday, April 16, 2018
This story is absolutely insane. At first glance, you think "well done, Companies House, at last they're getting serious about the epidemic of fraud enabled by the misuse of British corporations". https://t.co/HSjMDawuyl pic.twitter.com/FiQ1VMkKbv— Oliver Bullough (@OliverBullough) April 15, 2018