BREAKING: Lesley Titcomb, chief executive of the Pensions Regulator since 2015, has today announced she will not reapply to renew her contract in February next year.— Josephine Cumbo (@JosephineCumbo) May 31, 2018
Loans and Finance
Thursday, May 31, 2018
Kudos to Poundland for reminding people that companies can be well run and meet customers' expectations!
Wednesday, May 30, 2018
Panic roiled markets Tuesday as a political fight in Italy prompted one of its worst market sell-offs in years. Underlying investor fear was the prospect of Italy leaving the euro and others following suit, which Blanchard, now an economics professor at the Massachusetts Institute of Technology, described as more of a psychological fear than a realistic threat.
The potential concern, rather, involves Italy's creditors, who would have to "move carefully," the economist told CNBC's Joumanna Bercetche in Paris. The rest of Europe may avoid a domino effect, but Italy looks to remain mired in a quagmire.
"I suspect in this case the EU will do whatever is needed to prevent contagion, so I'm not terribly worried about contagion," Blanchard said. "I'm very worried about Italy. Not worried about the rest of Europe. It will be tough, but the rest of Europe, the rest of (the) euro will be OK."My sympathies to the good people of Italy, the EU will crush them. As per Günther Hermann Oettinger (European Commissioner for Budget and Human Resources):
"Markets will teach Italy to vote for the right thing".
Wednesday, May 23, 2018
Bitcoin Closing on Long-Term Bear Indicator Not Seen Since 2014....— Nouriel Roubini (@Nouriel) May 23, 2018
...as it slides below 8K, over 60% from its peak https://t.co/CTT9EgpmOC
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