United Kingdom | Wednesday, 20 August 2008

Cia Articles

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51. Banks face toughest conditions since '90s
Banks are navigating their choppiest waters since the early 1990s and face growing risks including a loss of public confidence, escalating consumer defaults and a rise in financial crime, the regulator warned.
30 Jan 2008
52. FSA warns risk of more financial crime in 2008
The Financial Services Authority (FSA) has warned that more incidents of financial crime may come to light in 2008 and that resources could be diverted away from fighting financial crime, thanks to tighter economic conditions.
29 Jan 2008
53. World must act together on markets says Darling
Chancellor Alistair Darling said on Tuesday that governments across the world should act together to reduce the risk of turmoil in financial markets.
29 Jan 2008
54. Blair signs deal to advise Zurich Financial
Zurich Financial Services Group has signed an advisory agreement with former Prime Minister Tony Blair.
28 Jan 2008
55. Financial crisis to hit 20,000 London jobs
As many as 20,000 jobs in the City are likely to be wiped out due to the financial crisis, a survey showed on Sunday.
28 Jan 2008
56. MPs say FSA shake-up needed after Rock failure
Britain's financial watchdog failed in its duty to regulate Northern Rock and a new office should be set up to intervene in failing banks, a committee of influential legislators said on Saturday. The Bank of England should oversee the new post rather than the Financial Services Authority (FSA), the Commons Treasury Select Committee said in a damning report.
26 Jan 2008
57. Brown calls for global financial reform
The Prime Minister Gordon Brown, has said that the current turbulent conditions in world markets are an opportunity to reform the financial system and prevent future crises.
25 Jan 2008
58. MPs seen to attack FSA for Northern Rock failings
A parliamentary inquiry will conclude that the financial watchdog does not deserve new powers to intervene in failing banks after its failure to spot problems at Northern Rock, the Financial Times said.
25 Jan 2008
59. Mortgage approvals reach all time low in December
The British Bankers Association (BBA) has released figures showing that mortgage approvals dropped to a new low in December, indicating further that the housing market is slowing down.
24 Jan 2008
60. AB Foods first quarter revenues up driven by Primark
Associated British Foods, the Silver Spoon sugar maker, said on Thursday it met expectations by increasing first quarter revenue 13 percent, driven by budget clothing chain Primark.
17 Jan 2008
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