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Financial News

UK 'would raise 75pc of financial tax revenue' Yorkshire Post THE UK's financial sector would generate around three quarters of the revenues from an EU-wide Financial Transactions Tax (FTT), according to research from Ernst & Young. Supporters of a European FTT claim it would generate public revenues and regulate ... UK bank lending to shrink in 2012, says Item ClubBBC News UK bank lending 'to contract for the first time since 2009' while pay-day ...This is Money Opt-out may not protect financial firms from an EU transaction taxScotsman Financial News -London Loves Business -Telegraph.co.uk all 25 news articles »

Telegraph.co.uk

Financial sector must change, says Sants Financial Times Mr Sants also said that the UK financial revamp can only do so much. Loose global standards and a general failure to challenge giant institutions helped foster dangerous levels of risk in the financial system, so plans for tougher international capital ... UK FSA Chief Decries EU's Blanket Approach To RegulationsFox Business UK regulators switch to "twin peaks" in AprilReuters City fears Bill will not protect UK from rivalsThe Independent FT Adviser -Central Banking (subscription) all 37 news articles »

Post Online

UK insurers dominated by foreign firms Post Online Foreign-owned firms make up more than half (55%) of the UK's large general insurance companies, according to a report from The City UK, UK Trade & Investment and IMAS Corporate Finance. By Chris Wheal According to the UK Financial Services Ownership, ... Foreign investment dominates UK insuranceInsurance Age Majority of Britain's general insurers foreign-ownedThe Guardian (blog) all 3 news articles »

BBC News

Scotland would not lose vital triple-A credit rating after independence, vows SNP Scottish Daily Record They both challenged the SNP administration after the Financial Times newspaper reported the three leading credit agencies Standard & Poor's, Moody's and Fitch had indicated that an independent Scotland would not automatically inherit the UK's ... Credit where it's dueBBC News CREDIT AGENCIES RATTLE SNP SEPERATION HOPESExpress.co.uk Government 'confident' on ratingsThe Press Association stv.tv -Daily Mail all 74 news articles »

Telegraph.co.uk

The UK's global success story is already evident, if politicians would only look Telegraph.co.uk Corporations have also viewed the UK as an attractive place to do business from thanks to its relatively competitive tax regime, an education system excellent in parts and the presence of the world's leading financial centre in the City of London and ... and more »

Financial services sector encourages apprenticeships The Northern Echo Ms Field said that higher apprenticeships opened up alternative paths into the UK's financial sector. She said: "We are well aware of the benefits that apprentices bring to business. "Long gone are the days when apprentices could only be found in a ... and more »

BBC News

Treasury failings exposed by new accounts system, MPs say BBC News Whole of Government Accounts (WGA) - a set of consolidated financial records for the entire UK public sector, based on commercial accounting principles - were compiled and published for the first time last year. The committee welcomed the potential for ... Treasury under fire as 'spend now, pay later' tactic stores up a £200bn tax ...The Independent Treasury 'unaware' of tax write-offThe Press Association all 176 news articles »

Telegraph.co.uk

UK families £7900 in debt Telegraph.co.uk Simon Westcott, director in PwC's financial services practice, said: "UK consumers are among the most indebted in the world, with the average UK household still saddled with nearly £8000 of unsecured debt. "Although the UK Government's austerity drive ... UK borrowers chipping away at debtQCK UK Families 'Among World's Most Indebted'106 JACK fm Credit card industry hits mid-life crisisBanking Times Linex Legal (press release) (registration) all 30 news articles »

Aust boss of UK rail firm gives up bonus Ninemsn Check out ninemsn Finance's Tax Time for tips and advice on how to make your 2011/12 tax return work for you. The Australian chief executive of Britain's Network Rail says he and his directors have decided not to take any bonuses and to allocate the ... and more »

PRESS DIGEST - Financial Times - Feb 7 Reuters UK FINANCIAL REGULATOR SAYS SECTOR MUST CHANGE Britain's banks, insurers and brokers must change their attitude if the UK's shift to a "twin peaks" model of two "proactive, judgment-led" regulators is to take effect smoothly and efficiently, ... and more »

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