UK Finance News

The pound has risen to its highest level against the Euro since November 2008 as markets show concern ahead of a deadline this week for European banks to repay loans taken out a year ago at low interest rates.
The European Central Bank will offer funds on Wednesday to banks looking to repay loans later [...]

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Not quite a u-turn, but Germany’s no nonsense Chancellor Angela Merkel has agreed to support the European financial aid package for Greece, but only if  ‘certain conditions are met.’
Merkel made it clear that Germany would play its part in order to ensure the stability of the euro, but warned that Greece must be ready to [...]

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The Director General of the Institute off Economic Affairs (IEA), Mark Littlewood, has blasted politicians at home in the UK and across Europe for jumping on the bandwagon to promote support for an international levy on bank assets.
The IEA are particularly at odds with the Conservative party over the issue, David Cameron’s party have not [...]

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France are to follow the lead outlined by the UK government in Alistair Darling’s recent pre-budget speech and introduce a special one off tax on banker’s bonuses for 2010.
French Finance minister Christine Legarde has said that a bill will be put before the French parliament in January that will commit tax bonus payments of over [...]

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As the winter draws in and the recession bites further into our incomes, memories of summer holidays long since passed may start us thinking of next years vacation or even thoughts of a life changing experience of  a ‘better life’ overseas.
The ‘easy’ life always sounds attractive, but is the grass really greener? It is worth [...]

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