Britain to Take Legal Action Against Banker Bonus Cap
The European Union’s cap on bonuses for bankers is a major concern for many top financial firms operating in the UK. Government officials have planned a challenge to the ‘bank bonus legislation’...
View ArticleDetroit to Receive $300 Million to Recover From Municipal Bankruptcy
The City of Detroit is one of the United States’ most remarkable bankruptcy stories – a formerly prosperous industrial production centre that, more than anywhere else in the country, was hit by a...
View ArticleHelp to Buy Scheme Will Launch 3 Months Early
A controversial new government scheme that allows UK homebuyers to take out 95 per cent mortgages will launch three months earlier than expected. Help to Buy will go live next week, aiming to help UK...
View ArticleGovernment Plans New Long-Term Unemployment Benefit Measures
New regulations will require individuals on long-term unemployment benefits to work in order to qualify for financial assistance. Chancellor George Osborne used the Conservative Party’s annual...
View ArticleGoogle Accused of £150 Million UK Tax Dodge
Technology giant Google has been accused of dodging more than £150 million in UK taxes after its latest accounts were made public. The company, which made over £3 billion in the UK last year, paid just...
View ArticleGerman Businesses More Optimistic About Growth in 2014
Confidence amongst German businesses improved in the last month, according to a new survey from CESifo Group Munich. The Ifo survey of business confidence is one of the Eurozone’s most reliable studies...
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