United Kingdom

Results for United Kingdom

Phones 4U Founder Calls For Probe

John Caudwell, the outspoken founder of Phones 4U, has called for the markets regulator to investigate whether the “bully boy” mobile phone industry acted in collusion to cause the demise of the high street retailer on Monday, the Financial Times rep ...

Daily Headline - global.abi.org - 09/15/2014 - 21:39 - 0 comments

Panic Hits UK Market Before Scottish Vote, Investors Pull Out $27 Billion In August

Panic has hit the British market over the uncertainty around the upcoming Scottish referendum with investors pulling out $27 billion out of UK financial assets in August — the biggest capital outflow since the Lehman crisis in 2008, The Times of India ...

Daily Headline - global.abi.org - 09/14/2014 - 21:17 - 0 comments

Carney Can’t Escape Housing as Debt Colors BOE Policy

Bank of England Governor Mark Carney can’t get away from the housing market, Bloomberg News reported. As he argues there is no immediate need to raise interest rates, central to his case is the mountain of debt financing property. Home loans account for ...

Daily Headline - global.abi.org - 09/10/2014 - 21:47 - 0 comments

Scotland's Two Biggest Banks Warn About Impact of Independence

Scotland's two biggest banks are joining a growing chorus of businesses warning about the impact of the breakup of the U.K.'s more than 300 year-old union, The Wall Street Journal reported. Lloyds Banking Group PLC said Wednesday it would m ...

Daily Headline - global.abi.org - 09/10/2014 - 21:48 - 0 comments

Investors On High Alert Over Scottish Independence Referendum

If investors felt the first flutters of nerves last week over Scotland’s independence referendum, they are now on high alert, the Financial Times reported. The publication of the first poll to put the pro-independence campaign in the lead prompted a ...

Daily Headline - global.abi.org - 09/08/2014 - 23:04 - 0 comments

London Property Market Falters as Buyers Resist Higher Prices

Across England and Wales, values grew 0.1 percent in August, the same as in July, bolstered by gains in ...

Daily Headline - global.abi.org - 08/28/2014 - 21:34 - 0 comments

Complaints Against Insolvency Practitioners Rise 25 Percent

Almost 1,000 complaints were made against insolvency practitioners in the last 12 months, representing an increase of 25% on the previous year, according to figures from the Insolvency Service, Accountancy Age reported. The Insolvency Service reveale ...

Daily Headline - global.abi.org - 08/27/2014 - 21:42 - 0 comments

London Leads UK Property Slowdown

London home sellers cut asking prices by the most in more than six years this month, adding to signs that the property market in the UK capital is coming off the boil, the Irish Times reported. London values fell 5.9 per cent from the previous month ...

Daily Headline - global.abi.org - 08/18/2014 - 21:06 - 0 comments

Provident Financial Buys Subprime Car Loan Group

The revival of subprime lending has gathered pace after Provident Financial bought a car finance group that provides loans to customers who would be shunned from traditional lenders, the Financial Times reported. It follows a period of rapid growth f ...

Daily Headline - global.abi.org - 08/14/2014 - 21:17 - 0 comments

British Fraud Office Reaches Second Settlement in Inquiry Over Icelandic Bank

Britain’s Serious Fraud Office said on Thursday that it had reached a second settlement in a series of civil claims brought by two brothers after a flawed investigation into the collapse of the Icelandic bank Kaupthing during the financial crisis, the ...

Daily Headline - global.abi.org - 07/31/2014 - 18:56 - 0 comments

Syndicate content