April 30, 2017 by: Emma Dunkley, Retail Banking Correspondent Bankers are sounding the alarm over interest-free credit cards, warning they are a “ticking time bomb” that could lead to the kind of… Read More
Monthly Archives: April 2017
Mexico calls on Trump to reuse TPP deals for Nafta
Mexican economy minister Ildefonso Guajardo: ‘We are fed up with complaints that Mexico is stealing jobs from US manufacturing’ © AFP Mexico is urging Donald Trump to reuse agreements reached under the… Read More
The soaring cost of cancer drugs
When Jean Allen-Yannotti was diagnosed with a type of leukaemia in November 2015, it was the latest blow in a long fight that had already seen her defeat breast and lip cancer…. Read More
May holds firm on double-track Brexit deal
Theresa May stuck to her guns by insisting the UK could secure a “comprehensive” trade deal with the EU alongside negotiations over the final Brexit bill, despite complaints from Brussels that such… Read More
Trump team’s ultra-long bond talk faces scepticism
The Treasury will meet bankers, traders and asset managers to discuss demand © Bloomberg The Trump administration’s interest in issuing the US government’s first “ultra-long” bonds, following in the footsteps of countries… Read More
Tory central command keeps a tight leash on selections
Conservative activists are selecting significant numbers of local councillors and other low-profile candidates from lists carefully chosen by the central office as Theresa May seeks to forge a far more obedient parliamentary… Read More
Theresa May hints at scrapping Tory tax lock
The prime minister has signalled she will scrap her predecessor David Cameron’s flagship “tax lock” policy if the Conservatives win the election, indicating that income tax and national insurance could rise. Speaking… Read More
May says she will not raise Value Added Tax
Bailout or bust? Alitalia divides a nation, paralyses Rome ROME/MILAN Italians are watching their flag carrier Alitalia go into yet another financial tailspin, and a growing number of them believe it would… Read More
May braces for difficult Brexit talks after EU adopts tough stance
Britain’s Prime Minister Theresa May and Prime Minister Shinzo Abe of Japan (UNSEEN) hold a joint news conference at Chequers, near Wendover, Britain April 28, 2017. REUTERS/Kirsty Wigglesworth/Pool LONDON Prime Minister Theresa… Read More
Shareholders should control bank bosses’ pay better
The best-paid football manager in the world is paid 2.5 times that of the 10th ranked, but the best-paid bank chief executive is paid over five times more than his peers. This… Read More
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