United Kingdom | Sunday, 12 October 2008

Financial Articles

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41. 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
42. 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
43. 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
44. 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
45. HBC fined over sale of insurance
The Financial Services Authority (FSA) has given a fine of £1,085,000 to HFC Bank Ltd (HFC) for its failure to ensure that the advice it gave to customers to buy Payment Protection Insurance (PPI) was suitable, and also for failing to have adequate systems and controls for the sale of PPI.
16 Jan 2008
46. Financial tips to help you survive 2008
Christmas is but a fading memory, credit card statements are about to hit doormats and warnings are coming thick and fast that 2008 is going to be tough.
04 Jan 2008
47. Darling to widen bank regulators' powers
The government this year will give regulators greater power to intervene early when financial institutions run into trouble to avoid a repeat of the Northern Rock crisis, Chancellor Alistair Darling said.
04 Jan 2008
48. HMV in good shape ahead of Christmas
Music and books retailer HMV Group said on Thursday it had made a good start to its financial year and was in good shape ahead of the key Christmas trading period, sending its shares higher.
06 Sep 2007
49. FSA in debate on market abuse tactics
When the outgoing head of the market watchdog called for more powers to combat insider trading last month, he set off a debate in financial markets over how to combat a growing problem.
29 Aug 2007
50. Japan says global economy sound
Japan's finance minister said on Wednesday that the global economy was sound but that financial markets needed to be watched closely, even if liquidity problems had been addressed by a massive injection of central bank funds.
22 Aug 2007
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